Wearable Inventory Turnover from 2010 to 2024

WLDS Stock  USD 1.88  0.02  1.08%   
Wearable Devices Inventory Turnover yearly trend continues to be comparatively stable with very little volatility. Inventory Turnover will likely drop to 0.06 in 2024. Inventory Turnover is a ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management. View All Fundamentals
 
Inventory Turnover  
First Reported
2010-12-31
Previous Quarter
0.06007752
Current Value
0.0571
Quarterly Volatility
1.15679521
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Wearable Devices financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Wearable Devices' main balance sheet or income statement drivers, such as Net Interest Income of 390.6 K, Depreciation And Amortization of 71.4 K or Interest Expense of 44.6 K, as well as many indicators such as Price To Sales Ratio of 1.4 K, Dividend Yield of 0.0 or PTB Ratio of 36.34. Wearable financial statements analysis is a perfect complement when working with Wearable Devices Valuation or Volatility modules.
  
Check out the analysis of Wearable Devices Correlation against competitors.
For more information on how to buy Wearable Stock please use our How to Invest in Wearable Devices guide.

Latest Wearable Devices' Inventory Turnover Growth Pattern

Below is the plot of the Inventory Turnover of Wearable Devices over the last few years. It is a ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management. Wearable Devices' Inventory Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Wearable Devices' overall financial position and show how it may be relating to other accounts over time.
Inventory Turnover10 Years Trend
Slightly volatile
   Inventory Turnover   
       Timeline  

Wearable Inventory Turnover Regression Statistics

Arithmetic Mean2.16
Geometric Mean1.39
Coefficient Of Variation53.48
Mean Deviation0.89
Median2.62
Standard Deviation1.16
Sample Variance1.34
Range4.1651
R-Value(0.51)
Mean Square Error1.07
R-Squared0.26
Significance0.05
Slope(0.13)
Total Sum of Squares18.73

Wearable Inventory Turnover History

2024 0.0571
2023 0.0601
2022 4.22
2021 1.41
2020 0.45

About Wearable Devices Financial Statements

Wearable Devices shareholders use historical fundamental indicators, such as Inventory Turnover, to determine how well the company is positioned to perform in the future. Although Wearable Devices investors may analyze each financial statement separately, they are all interrelated. The changes in Wearable Devices' assets and liabilities, for example, are also reflected in the revenues and expenses on on Wearable Devices' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Inventory Turnover 0.06  0.06 

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Additional Tools for Wearable Stock Analysis

When running Wearable Devices' price analysis, check to measure Wearable Devices' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Wearable Devices is operating at the current time. Most of Wearable Devices' value examination focuses on studying past and present price action to predict the probability of Wearable Devices' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wearable Devices' price. Additionally, you may evaluate how the addition of Wearable Devices to your portfolios can decrease your overall portfolio volatility.