Penske Inventory from 2010 to 2024
PAG Stock | USD 152.10 1.64 1.09% |
Inventory | First Reported 1995-12-31 | Previous Quarter 4.3 B | Current Value 4.4 B | Quarterly Volatility 1.3 B |
Check Penske Automotive financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Penske main balance sheet or income statement drivers, such as Depreciation And Amortization of 110.4 M, Interest Expense of 88 M or Total Revenue of 31 B, as well as many exotic indicators such as Price To Sales Ratio of 0.39, Dividend Yield of 0.0151 or PTB Ratio of 1.99. Penske financial statements analysis is a perfect complement when working with Penske Automotive Valuation or Volatility modules.
Penske | Inventory |
Latest Penske Automotive's Inventory Growth Pattern
Below is the plot of the Inventory of Penske Automotive Group over the last few years. It is Penske Automotive's Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Penske Automotive's overall financial position and show how it may be relating to other accounts over time.
Inventory | 10 Years Trend |
|
Inventory |
Timeline |
Penske Inventory Regression Statistics
Arithmetic Mean | 2,981,069,888 | |
Geometric Mean | 2,442,703,059 | |
Coefficient Of Variation | 38.39 | |
Mean Deviation | 885,836,134 | |
Median | 3,408,200,000 | |
Standard Deviation | 1,144,490,485 | |
Sample Variance | 1309858.5T | |
Range | 4.2B | |
R-Value | 0.62 | |
Mean Square Error | 861116.3T | |
R-Squared | 0.39 | |
Significance | 0.01 | |
Slope | 159,726,408 | |
Total Sum of Squares | 18338018.6T |
Penske Inventory History
Other Fundumenentals of Penske Automotive
About Penske Automotive Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Penske Automotive income statement, its balance sheet, and the statement of cash flows. Penske Automotive investors use historical funamental indicators, such as Penske Automotive's Inventory, to determine how well the company is positioned to perform in the future. Although Penske Automotive investors may use each financial statement separately, they are all related. The changes in Penske Automotive's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Penske 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 Penske Automotive Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Penske Automotive. Please read more on our technical analysis and fundamental analysis pages.
Last Reported | Projected for Next Year | ||
Inventory | 4.3 B | 2.2 B | |
Change To Inventory | -666.2 M | -632.9 M | |
Inventory Turnover | 5.76 | 6.61 | |
Days Of Inventory On Hand | 63.35 | 49.69 | |
Average Inventory | 0.00 | 0.00 | |
Days Of Inventory Outstanding | 63.35 | 49.69 |
Currently Active Assets on Macroaxis
When determining whether Penske Automotive is a strong investment it is important to analyze Penske 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 Penske Automotive's future performance. For an informed investment choice regarding Penske Stock, refer to the following important reports:Check out the analysis of Penske Automotive Correlation against competitors. Note that the Penske Automotive information on this page should be used as a complementary analysis to other Penske 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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Complementary Tools for Penske Stock analysis
When running Penske Automotive's price analysis, check to measure Penske 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 Penske Automotive is operating at the current time. Most of Penske Automotive's value examination focuses on studying past and present price action to predict the probability of Penske 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 Penske Automotive's price. Additionally, you may evaluate how the addition of Penske Automotive to your portfolios can decrease your overall portfolio volatility.
ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like |
Is Penske 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 Penske Automotive. If investors know Penske 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 Penske 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 (0.26) | Dividend Share 2.38 | Earnings Share 14.4 | Revenue Per Share 439.516 | Quarterly Revenue Growth 0.015 |
The market value of Penske Automotive is measured differently than its book value, which is the value of Penske that is recorded on the company's balance sheet. Investors also form their own opinion of Penske Automotive's value that differs from its market value or its book value, called intrinsic value, which is Penske 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 Penske Automotive's market value can be influenced by many factors that don't directly affect Penske 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 Penske Automotive's value and its price as these two are different measures arrived at by different means. Investors typically determine if Penske Automotive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Penske 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.