Sonic Inventory from 2010 to 2024

SAH Stock  USD 63.95  0.80  1.24%   
Sonic Automotive's Inventory is increasing with slightly volatile movements from year to year. Inventory is predicted to flatten to about 1.1 B. For the period between 2010 and 2024, Sonic Automotive, Inventory quarterly trend regression had mean deviation of  244,679,139 and range of 1.5 B. View All Fundamentals
 
Inventory  
First Reported
1997-09-30
Previous Quarter
B
Current Value
1.9 B
Quarterly Volatility
387.9 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Sonic Automotive financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sonic Automotive's main balance sheet or income statement drivers, such as Depreciation And Amortization of 149.4 M, Interest Expense of 189.8 M or Total Revenue of 8.5 B, as well as many indicators such as Price To Sales Ratio of 0.13, Dividend Yield of 0.019 or PTB Ratio of 1.21. Sonic financial statements analysis is a perfect complement when working with Sonic Automotive Valuation or Volatility modules.
  
Check out the analysis of Sonic Automotive Correlation against competitors.
For more detail on how to invest in Sonic Stock please use our How to Invest in Sonic Automotive guide.

Latest Sonic Automotive's Inventory Growth Pattern

Below is the plot of the Inventory of Sonic Automotive over the last few years. It is Sonic Automotive's Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Sonic Automotive's overall financial position and show how it may be relating to other accounts over time.
Inventory10 Years Trend
Slightly volatile
   Inventory   
       Timeline  

Sonic Inventory Regression Statistics

Arithmetic Mean1,258,623,273
Geometric Mean1,091,388,763
Coefficient Of Variation30.86
Mean Deviation244,679,139
Median1,282,138,000
Standard Deviation388,398,536
Sample Variance150853.4T
Range1.5B
R-Value0.47
Mean Square Error126239.5T
R-Squared0.22
Significance0.08
Slope41,006,699
Total Sum of Squares2111947.9T

Sonic Inventory History

20241.1 B
20231.6 B
20221.2 B
20211.3 B
20201.2 B
20191.5 B
20181.5 B

Other Fundumenentals of Sonic Automotive

About Sonic Automotive Financial Statements

Investors use fundamental indicators, such as Sonic Automotive's Inventory, to determine how well the company is positioned to perform in the future. Although Sonic Automotive's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Inventory1.6 B1.1 B
Change To Inventory-375.2 M-356.4 M
Inventory Turnover 7.68  4.96 
Days Of Inventory On Hand 47.51  67.88 
Days Of Inventory Outstanding 47.51  67.88 

Currently Active Assets on Macroaxis

When determining whether Sonic Automotive offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sonic Automotive's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sonic Automotive Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sonic Automotive Stock:
Check out the analysis of Sonic Automotive Correlation against competitors.
For more detail on how to invest in Sonic Stock please use our How to Invest in Sonic Automotive guide.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Is Automotive Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sonic Automotive. If investors know Sonic will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sonic Automotive listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.109
Dividend Share
1.2
Earnings Share
5.64
Revenue Per Share
409.817
Quarterly Revenue Growth
(0.04)
The market value of Sonic Automotive is measured differently than its book value, which is the value of Sonic that is recorded on the company's balance sheet. Investors also form their own opinion of Sonic Automotive's value that differs from its market value or its book value, called intrinsic value, which is Sonic Automotive's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sonic Automotive's market value can be influenced by many factors that don't directly affect Sonic Automotive's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sonic Automotive's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sonic Automotive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sonic Automotive's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.