Home Days Of Inventory On Hand from 2010 to 2024

HD Stock  USD 331.97  2.25  0.67%   
Home Depot's Days Of Inventory On Hand is decreasing over the years with slightly volatile fluctuation. Days Of Inventory On Hand is expected to dwindle to 69.55. During the period from 2010 to 2024 Home Depot Days Of Inventory On Hand annual values regression line had geometric mean of  73.53 and mean square error of  1.06. View All Fundamentals
 
Days Of Inventory On Hand  
First Reported
2010-12-31
Previous Quarter
73.34827844
Current Value
69.5514973
Quarterly Volatility
1.54113737
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Home Depot financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Home main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.4 B, Interest Expense of 2 B or Total Revenue of 160.3 B, as well as many exotic indicators such as Price To Sales Ratio of 2.2, Dividend Yield of 0.0222 or PTB Ratio of 87.92. Home financial statements analysis is a perfect complement when working with Home Depot Valuation or Volatility modules.
  
This module can also supplement Home Depot's financial leverage analysis and stock options assessment as well as various Home Depot Technical models . Check out the analysis of Home Depot Correlation against competitors.
For information on how to trade Home Stock refer to our How to Trade Home Stock guide.

Latest Home Depot's Days Of Inventory On Hand Growth Pattern

Below is the plot of the Days Of Inventory On Hand of Home Depot over the last few years. It is Home Depot's Days Of Inventory On Hand historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Home Depot's 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  

Home Days Of Inventory On Hand Regression Statistics

Arithmetic Mean73.55
Geometric Mean73.53
Coefficient Of Variation2.10
Mean Deviation1.00
Median73.35
Standard Deviation1.54
Sample Variance2.38
Range7.3693
R-Value(0.76)
Mean Square Error1.06
R-Squared0.58
Significance0.0009
Slope(0.26)
Total Sum of Squares33.25

Home Days Of Inventory On Hand History

2024 69.55
2020 73.35
2015 73.0
2011 74.58
2010 76.92

About Home Depot Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Home Depot income statement, its balance sheet, and the statement of cash flows. Home Depot investors use historical funamental indicators, such as Home Depot's Days Of Inventory On Hand, to determine how well the company is positioned to perform in the future. Although Home Depot investors may use each financial statement separately, they are all related. The changes in Home Depot's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Home Depot'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 Home Depot Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Home Depot. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Of Inventory On Hand 73.35  69.55 

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When determining whether Home Depot is a strong investment it is important to analyze Home Depot'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 Home Depot's future performance. For an informed investment choice regarding Home Stock, refer to the following important reports:
Check out the analysis of Home Depot Correlation against competitors.
For information on how to trade Home Stock refer to our How to Trade Home Stock guide.
Note that the Home Depot information on this page should be used as a complementary analysis to other Home Depot'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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

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Is Home Depot'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 Home Depot. If investors know Home 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 Home Depot 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
(0.15)
Dividend Share
8.52
Earnings Share
15.11
Revenue Per Share
152.822
Quarterly Revenue Growth
(0.03)
The market value of Home Depot is measured differently than its book value, which is the value of Home that is recorded on the company's balance sheet. Investors also form their own opinion of Home Depot's value that differs from its market value or its book value, called intrinsic value, which is Home Depot'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 Home Depot's market value can be influenced by many factors that don't directly affect Home Depot'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 Home Depot's value and its price as these two are different measures arrived at by different means. Investors typically determine if Home Depot is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Home Depot'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.