Asbury Change To Inventory from 2010 to 2024

ABG Stock  USD 233.68  1.08  0.46%   
Asbury Automotive's Change To Inventory is increasing over the last several years with stable swings. Change To Inventory is estimated to finish at about -137.3 M this year. Change To Inventory is the increase or decrease in the amount of inventory Asbury Automotive Group has over a certain period. View All Fundamentals
 
Change To Inventory  
First Reported
2001-12-31
Previous Quarter
-174.4 M
Current Value
15.5 M
Quarterly Volatility
80.5 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Asbury Automotive financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Asbury main balance sheet or income statement drivers, such as Depreciation And Amortization of 34.7 M, Interest Expense of 174 M or Selling General Administrative of 1.6 B, as well as many exotic indicators such as Price To Sales Ratio of 0.32, Dividend Yield of 0.0701 or PTB Ratio of 2.14. Asbury financial statements analysis is a perfect complement when working with Asbury Automotive Valuation or Volatility modules.
  
This module can also supplement Asbury Automotive's financial leverage analysis and stock options assessment as well as various Asbury Automotive Technical models . Check out the analysis of Asbury Automotive Correlation against competitors.

Latest Asbury Automotive's Change To Inventory Growth Pattern

Below is the plot of the Change To Inventory of Asbury Automotive Group over the last few years. It is the increase or decrease in the amount of inventory a company has over a certain period. Asbury Automotive's Change To Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Asbury Automotive's overall financial position and show how it may be relating to other accounts over time.
Change To Inventory10 Years Trend
Pretty Stable
   Change To Inventory   
       Timeline  

Asbury Change To Inventory Regression Statistics

Arithmetic Mean97,935,933
Coefficient Of Variation223.98
Mean Deviation158,159,787
Median50,100,000
Standard Deviation219,358,661
Sample Variance48118.2T
Range815M
R-Value0.13
Mean Square Error50910.8T
R-Squared0.02
Significance0.64
Slope6,495,632
Total Sum of Squares673655.1T

Asbury Change To Inventory History

2024-137.3 M
2023-144.5 M
20226.9 M
2021670.5 M
2020428 M
2019212.1 M
2018-24.4 M

About Asbury Automotive Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Asbury Automotive income statement, its balance sheet, and the statement of cash flows. Asbury Automotive investors use historical funamental indicators, such as Asbury Automotive's Change To Inventory, to determine how well the company is positioned to perform in the future. Although Asbury Automotive investors may use each financial statement separately, they are all related. The changes in Asbury Automotive's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Asbury Automotive'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 Asbury Automotive Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Asbury Automotive. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Change To Inventory-144.5 M-137.3 M

Currently Active Assets on Macroaxis

When determining whether Asbury Automotive is a strong investment it is important to analyze Asbury Automotive's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Asbury Automotive's future performance. For an informed investment choice regarding Asbury Stock, refer to the following important reports:
Check out the analysis of Asbury Automotive Correlation against competitors.
Note that the Asbury Automotive information on this page should be used as a complementary analysis to other Asbury Automotive's 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 Stocks Directory module to find actively traded stocks across global markets.

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When running Asbury Automotive's price analysis, check to measure Asbury Automotive'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 Asbury Automotive is operating at the current time. Most of Asbury Automotive's value examination focuses on studying past and present price action to predict the probability of Asbury Automotive's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asbury Automotive's price. Additionally, you may evaluate how the addition of Asbury Automotive to your portfolios can decrease your overall portfolio volatility.
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Is Asbury Automotive'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 Asbury Automotive. If investors know Asbury 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 Asbury 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
(0.14)
Earnings Share
27.58
Revenue Per Share
749.531
Quarterly Revenue Growth
0.173
Return On Assets
0.0724
The market value of Asbury Automotive is measured differently than its book value, which is the value of Asbury that is recorded on the company's balance sheet. Investors also form their own opinion of Asbury Automotive's value that differs from its market value or its book value, called intrinsic value, which is Asbury 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 Asbury Automotive's market value can be influenced by many factors that don't directly affect Asbury 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 Asbury Automotive's value and its price as these two are different measures arrived at by different means. Investors typically determine if Asbury Automotive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Asbury 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.