DLH Inventory Turnover from 2010 to 2024
| DLHC Stock | USD 11.46 0.16 1.38% |
Inventory Turnover | First Reported 2010-12-31 | Previous Quarter 62.84 | Current Value 59.7 | Quarterly Volatility 66.35422763 |
Check DLH Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among DLH main balance sheet or income statement drivers, such as Interest Expense of 19.6 M, Selling General Administrative of 47.7 M or Total Revenue of 453.9 M, as well as many exotic indicators such as Price To Sales Ratio of 0.94, Dividend Yield of 0.0062 or PTB Ratio of 2.32. DLH financial statements analysis is a perfect complement when working with DLH Holdings Valuation or Volatility modules.
DLH | Inventory Turnover |
Latest DLH Holdings' Inventory Turnover Growth Pattern
Below is the plot of the Inventory Turnover of DLH Holdings Corp 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. DLH Holdings' Inventory Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in DLH Holdings' overall financial position and show how it may be relating to other accounts over time.
| Inventory Turnover | 10 Years Trend |
|
Inventory Turnover |
| Timeline |
DLH Inventory Turnover Regression Statistics
| Arithmetic Mean | 79.35 | |
| Geometric Mean | 67.86 | |
| Coefficient Of Variation | 83.62 | |
| Mean Deviation | 37.77 | |
| Median | 54.64 | |
| Standard Deviation | 66.35 | |
| Sample Variance | 4,403 | |
| Range | 254 | |
| R-Value | (0.54) | |
| Mean Square Error | 3,364 | |
| R-Squared | 0.29 | |
| Significance | 0.04 | |
| Slope | (8.00) | |
| Total Sum of Squares | 61,640 |
DLH Inventory Turnover History
About DLH Holdings Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include DLH Holdings income statement, its balance sheet, and the statement of cash flows. DLH Holdings investors use historical funamental indicators, such as DLH Holdings's Inventory Turnover, to determine how well the company is positioned to perform in the future. Although DLH Holdings investors may use each financial statement separately, they are all related. The changes in DLH Holdings's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on DLH Holdings'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 DLH Holdings Financial Statements. Understanding these patterns can help to make the right decision on long term investment in DLH Holdings. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Inventory Turnover | 62.84 | 59.70 |
Pair Trading with DLH Holdings
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if DLH Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in DLH Holdings will appreciate offsetting losses from the drop in the long position's value.Moving against DLH Stock
| 0.9 | NL | NL Industries | PairCorr |
| 0.87 | ABM | ABM Industries Financial Report 4th of June 2024 | PairCorr |
| 0.84 | BV | BrightView Holdings Fiscal Year End 21st of November 2024 | PairCorr |
| 0.82 | VLTO | Veralto | PairCorr |
| 0.8 | WLDN | Willdan Group Downward Rally | PairCorr |
The ability to find closely correlated positions to DLH Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DLH Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back DLH Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling DLH Holdings Corp to buy it.
The correlation of DLH Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as DLH Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DLH Holdings Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for DLH Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of DLH Holdings Correlation against competitors. Note that the DLH Holdings Corp information on this page should be used as a complementary analysis to other DLH Holdings' 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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Complementary Tools for DLH Stock analysis
When running DLH Holdings' price analysis, check to measure DLH Holdings' 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 DLH Holdings is operating at the current time. Most of DLH Holdings' value examination focuses on studying past and present price action to predict the probability of DLH Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DLH Holdings' price. Additionally, you may evaluate how the addition of DLH Holdings to your portfolios can decrease your overall portfolio volatility.
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas |
Is DLH Holdings' 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 DLH Holdings. If investors know DLH 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 DLH Holdings 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 1.051 | Earnings Share 0.21 | Revenue Per Share 28.759 | Quarterly Revenue Growth 0.016 | Return On Assets 0.0502 |
The market value of DLH Holdings Corp is measured differently than its book value, which is the value of DLH that is recorded on the company's balance sheet. Investors also form their own opinion of DLH Holdings' value that differs from its market value or its book value, called intrinsic value, which is DLH Holdings' 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 DLH Holdings' market value can be influenced by many factors that don't directly affect DLH Holdings' 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 DLH Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if DLH Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DLH Holdings' 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.