Golden Days Of Inventory On Hand from 2010 to 2024
| GOGL Stock | USD 12.90 0.05 0.39% |
Days Of Inventory On Hand | First Reported 2010-12-31 | Previous Quarter 22.08034959 | Current Value 42.39 | Quarterly Volatility 24.2593721 |
Check Golden Ocean financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Golden Ocean's main balance sheet or income statement drivers, such as Depreciation And Amortization of 142.3 M, Interest Expense of 114.3 M or Selling General Administrative of 19.6 M, as well as many indicators such as Price To Sales Ratio of 4.27, Dividend Yield of 0.0487 or PTB Ratio of 1.22. Golden financial statements analysis is a perfect complement when working with Golden Ocean Valuation or Volatility modules.
Golden | Days Of Inventory On Hand |
Latest Golden Ocean's Days Of Inventory On Hand Growth Pattern
Below is the plot of the Days Of Inventory On Hand of Golden Ocean Group over the last few years. It is Golden Ocean's Days Of Inventory On Hand historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Golden Ocean's overall financial position and show how it may be relating to other accounts over time.
| Days Of Inventory On Hand | 10 Years Trend |
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Days Of Inventory On Hand |
| Timeline |
Golden Days Of Inventory On Hand Regression Statistics
| Arithmetic Mean | 32.58 | |
| Geometric Mean | 27.51 | |
| Coefficient Of Variation | 74.47 | |
| Mean Deviation | 17.29 | |
| Median | 22.29 | |
| Standard Deviation | 24.26 | |
| Sample Variance | 588.52 | |
| Range | 88.2151 | |
| R-Value | (0.47) | |
| Mean Square Error | 491.92 | |
| R-Squared | 0.22 | |
| Significance | 0.07 | |
| Slope | (2.57) | |
| Total Sum of Squares | 8,239 |
Golden Days Of Inventory On Hand History
About Golden Ocean Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Golden Ocean income statement, its balance sheet, and the statement of cash flows. Golden Ocean investors use historical funamental indicators, such as Golden Ocean's Days Of Inventory On Hand, to determine how well the company is positioned to perform in the future. Although Golden Ocean investors may use each financial statement separately, they are all related. The changes in Golden Ocean's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Golden Ocean'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 Golden Ocean Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Golden Ocean. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 22.08 | 42.39 |
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Additional Information and Resources on Investing in Golden Stock
When determining whether Golden Ocean Group is a strong investment it is important to analyze Golden Ocean'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 Golden Ocean's future performance. For an informed investment choice regarding Golden Stock, refer to the following important reports:Check out the analysis of Golden Ocean Correlation against competitors. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Is Marine Transportation space 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 Golden Ocean. If investors know Golden 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 Golden Ocean 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) | Dividend Share 0.8 | Earnings Share 0.93 | Revenue Per Share 4.686 | Quarterly Revenue Growth 0.256 |
The market value of Golden Ocean Group is measured differently than its book value, which is the value of Golden that is recorded on the company's balance sheet. Investors also form their own opinion of Golden Ocean's value that differs from its market value or its book value, called intrinsic value, which is Golden Ocean'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 Golden Ocean's market value can be influenced by many factors that don't directly affect Golden Ocean'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 Golden Ocean's value and its price as these two are different measures arrived at by different means. Investors typically determine if Golden Ocean is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Golden Ocean'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.