Icad Inventory Turnover from 2010 to 2024

ICAD Stock  USD 1.52  0.02  1.30%   
Icad's Inventory Turnover is decreasing over the years with slightly volatile fluctuation. Inventory Turnover is expected to dwindle to 2.28. Inventory Turnover is a ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management. View All Fundamentals
 
Inventory Turnover  
First Reported
2010-12-31
Previous Quarter
3.03380589
Current Value
2.28
Quarterly Volatility
1.22764853
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Icad financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Icad main balance sheet or income statement drivers, such as Depreciation And Amortization of 388.6 K, Interest Expense of 15.2 K or Total Revenue of 23.3 M, as well as many exotic indicators such as Price To Sales Ratio of 5.08, Dividend Yield of 4.0E-4 or PTB Ratio of 1.29. Icad financial statements analysis is a perfect complement when working with Icad Valuation or Volatility modules.
  
This module can also supplement Icad's financial leverage analysis and stock options assessment as well as various Icad Technical models . Check out the analysis of Icad Correlation against competitors.

Latest Icad's Inventory Turnover Growth Pattern

Below is the plot of the Inventory Turnover of icad inc 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. Icad's Inventory Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Icad's overall financial position and show how it may be relating to other accounts over time.
Inventory Turnover10 Years Trend
Slightly volatile
   Inventory Turnover   
       Timeline  

Icad Inventory Turnover Regression Statistics

Arithmetic Mean3.35
Geometric Mean3.15
Coefficient Of Variation36.60
Mean Deviation1.01
Median3.03
Standard Deviation1.23
Sample Variance1.51
Range4.2259
R-Value(0.59)
Mean Square Error1.06
R-Squared0.35
Significance0.02
Slope(0.16)
Total Sum of Squares21.10

Icad Inventory Turnover History

2024 2.28
2023 3.03
2022 1.51
2021 2.25
2020 2.65
2019 2.72
2018 3.9

About Icad Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Icad income statement, its balance sheet, and the statement of cash flows. Icad investors use historical funamental indicators, such as Icad's Inventory Turnover, to determine how well the company is positioned to perform in the future. Although Icad investors may use each financial statement separately, they are all related. The changes in Icad's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Icad'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 Icad Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Icad. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory Turnover 3.03  2.28 

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When determining whether icad inc is a strong investment it is important to analyze Icad'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 Icad's future performance. For an informed investment choice regarding Icad Stock, refer to the following important reports:
Check out the analysis of Icad Correlation against competitors.
Note that the icad inc information on this page should be used as a complementary analysis to other Icad'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 Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

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When running Icad's price analysis, check to measure Icad'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 Icad is operating at the current time. Most of Icad's value examination focuses on studying past and present price action to predict the probability of Icad's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Icad's price. Additionally, you may evaluate how the addition of Icad to your portfolios can decrease your overall portfolio volatility.
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Is Icad'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 Icad. If investors know Icad 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 Icad listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.27)
Revenue Per Share
0.676
Quarterly Revenue Growth
0.023
Return On Assets
(0.10)
Return On Equity
(0.21)
The market value of icad inc is measured differently than its book value, which is the value of Icad that is recorded on the company's balance sheet. Investors also form their own opinion of Icad's value that differs from its market value or its book value, called intrinsic value, which is Icad'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 Icad's market value can be influenced by many factors that don't directly affect Icad'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 Icad's value and its price as these two are different measures arrived at by different means. Investors typically determine if Icad is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Icad'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.