Paranovus Inventory Turnover from 2010 to 2024
| PAVS Stock | 1.11 0.07 6.73% |
Inventory Turnover | First Reported 2010-12-31 | Previous Quarter 250.1 | Current Value 262.61 | Quarterly Volatility 103.66904731 |
Check Paranovus Entertainment financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Paranovus main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.1 M, Interest Expense of 123.3 K or Selling General Administrative of 11.4 M, as well as many exotic indicators such as Price To Sales Ratio of 0.25, Dividend Yield of 4.0E-4 or PTB Ratio of 3.67. Paranovus financial statements analysis is a perfect complement when working with Paranovus Entertainment Valuation or Volatility modules.
Paranovus | Inventory Turnover |
Latest Paranovus Entertainment's Inventory Turnover Growth Pattern
Below is the plot of the Inventory Turnover of Paranovus Entertainment Technology 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. Paranovus Entertainment's Inventory Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Paranovus Entertainment's overall financial position and show how it may be relating to other accounts over time.
| Inventory Turnover | 10 Years Trend |
|
Inventory Turnover |
| Timeline |
Paranovus Inventory Turnover Regression Statistics
| Arithmetic Mean | 65.37 | |
| Geometric Mean | 22.07 | |
| Coefficient Of Variation | 158.59 | |
| Mean Deviation | 79.26 | |
| Median | 14.17 | |
| Standard Deviation | 103.67 | |
| Sample Variance | 10,747 | |
| Range | 271 | |
| R-Value | 0.76 | |
| Mean Square Error | 4,949 | |
| R-Squared | 0.57 | |
| Significance | 0 | |
| Slope | 17.54 | |
| Total Sum of Squares | 150,462 |
Paranovus Inventory Turnover History
About Paranovus Entertainment Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Paranovus Entertainment income statement, its balance sheet, and the statement of cash flows. Paranovus Entertainment investors use historical funamental indicators, such as Paranovus Entertainment's Inventory Turnover, to determine how well the company is positioned to perform in the future. Although Paranovus Entertainment investors may use each financial statement separately, they are all related. The changes in Paranovus Entertainment's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Paranovus Entertainment'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 Paranovus Entertainment Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Paranovus Entertainment. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Inventory Turnover | 250.10 | 262.61 |
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Check out the analysis of Paranovus Entertainment Correlation against competitors. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Complementary Tools for Paranovus Stock analysis
When running Paranovus Entertainment's price analysis, check to measure Paranovus Entertainment's 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 Paranovus Entertainment is operating at the current time. Most of Paranovus Entertainment's value examination focuses on studying past and present price action to predict the probability of Paranovus Entertainment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Paranovus Entertainment's price. Additionally, you may evaluate how the addition of Paranovus Entertainment to your portfolios can decrease your overall portfolio volatility.
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Is Paranovus Entertainment's 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 Paranovus Entertainment. If investors know Paranovus 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 Paranovus Entertainment listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (9.57) | Revenue Per Share 11.935 | Quarterly Revenue Growth (0.63) | Return On Assets (0.99) | Return On Equity (1.94) |
The market value of Paranovus Entertainment is measured differently than its book value, which is the value of Paranovus that is recorded on the company's balance sheet. Investors also form their own opinion of Paranovus Entertainment's value that differs from its market value or its book value, called intrinsic value, which is Paranovus Entertainment'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 Paranovus Entertainment's market value can be influenced by many factors that don't directly affect Paranovus Entertainment'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 Paranovus Entertainment's value and its price as these two are different measures arrived at by different means. Investors typically determine if Paranovus Entertainment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Paranovus Entertainment'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.