Birks Days Of Inventory On Hand from 2010 to 2024

BGI Stock  USD 2.81  0.17  6.44%   
Birks' Days Of Inventory On Hand is increasing with slightly volatile movements from year to year. Days Of Inventory On Hand is predicted to flatten to 371.18. For the period between 2010 and 2024, Birks, Days Of Inventory On Hand quarterly trend regression had mean deviation of  39.63 and range of 142. View All Fundamentals
 
Days Of Inventory On Hand  
First Reported
2010-12-31
Previous Quarter
390.44
Current Value
371.18
Quarterly Volatility
46.7107471
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Birks financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Birks main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.9 M, Interest Expense of 7.2 M or Selling General Administrative of 78.7 M, as well as many exotic indicators such as Price To Sales Ratio of 1.18, Dividend Yield of 0.0 or Days Sales Outstanding of 24.08. Birks financial statements analysis is a perfect complement when working with Birks Valuation or Volatility modules.
  
This module can also supplement various Birks Technical models . Check out the analysis of Birks Correlation against competitors.

Latest Birks' Days Of Inventory On Hand Growth Pattern

Below is the plot of the Days Of Inventory On Hand of Birks Group over the last few years. It is Birks' Days Of Inventory On Hand historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Birks' overall financial position and show how it may be relating to other accounts over time.
Days Of Inventory On Hand10 Years Trend
Slightly volatile
   Days Of Inventory On Hand   
       Timeline  

Birks Days Of Inventory On Hand Regression Statistics

Arithmetic Mean331.85
Geometric Mean328.78
Coefficient Of Variation14.08
Mean Deviation39.63
Median339.07
Standard Deviation46.71
Sample Variance2,182
Range142
R-Value0.37
Mean Square Error2,035
R-Squared0.13
Significance0.18
Slope3.82
Total Sum of Squares30,547

Birks Days Of Inventory On Hand History

2024 371.18
2023 390.44
2022 339.51
2021 273.98
2020 411.6
2019 354.41
2018 361.33

About Birks Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Birks income statement, its balance sheet, and the statement of cash flows. Birks investors use historical funamental indicators, such as Birks's Days Of Inventory On Hand, to determine how well the company is positioned to perform in the future. Although Birks investors may use each financial statement separately, they are all related. The changes in Birks's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Birks's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Birks Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Birks. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Of Inventory On Hand 390.44  371.18 

Currently Active Assets on Macroaxis

When determining whether Birks Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Birks' 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 Birks Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Birks Group Stock:
Check out the analysis of Birks Correlation against competitors.
Note that the Birks Group information on this page should be used as a complementary analysis to other Birks' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

Complementary Tools for Birks Stock analysis

When running Birks' price analysis, check to measure Birks' 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 Birks is operating at the current time. Most of Birks' value examination focuses on studying past and present price action to predict the probability of Birks' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Birks' price. Additionally, you may evaluate how the addition of Birks to your portfolios can decrease your overall portfolio volatility.
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Is Birks' industry 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 Birks. If investors know Birks 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 Birks listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.27)
Revenue Per Share
9.055
Quarterly Revenue Growth
0.097
Return On Assets
(0.01)
Return On Equity
(5.89)
The market value of Birks Group is measured differently than its book value, which is the value of Birks that is recorded on the company's balance sheet. Investors also form their own opinion of Birks' value that differs from its market value or its book value, called intrinsic value, which is Birks' 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 Birks' market value can be influenced by many factors that don't directly affect Birks' 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 Birks' value and its price as these two are different measures arrived at by different means. Investors typically determine if Birks is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Birks' 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.