National Days Of Inventory On Hand from 2010 to 2024

NGG Stock  USD 57.86  0.23  0.40%   
National Grid's Days Of Inventory On Hand is increasing over the last several years with stable swings. Days Of Inventory On Hand is predicted to flatten to 17.08. During the period from 2010 to 2024 National Grid PLC Days Of Inventory On Hand regressed destribution of quarterly values had mean deviationof  10.95 and mean square error of  324.62. View All Fundamentals
 
Days Of Inventory On Hand  
First Reported
2010-12-31
Previous Quarter
20.9875
Current Value
17.08
Quarterly Volatility
17.67303085
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check National Grid financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among National main balance sheet or income statement drivers, such as Depreciation And Amortization of 1 B, Interest Expense of 1 B or Total Revenue of 11.1 B, as well as many exotic indicators such as Price To Sales Ratio of 10.55, Dividend Yield of 0.0082 or PTB Ratio of 5.63. National financial statements analysis is a perfect complement when working with National Grid Valuation or Volatility modules.
  
This module can also supplement National Grid's financial leverage analysis and stock options assessment as well as various National Grid Technical models . Check out the analysis of National Grid Correlation against competitors.

Latest National Grid's Days Of Inventory On Hand Growth Pattern

Below is the plot of the Days Of Inventory On Hand of National Grid PLC over the last few years. It is National Grid's Days Of Inventory On Hand historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in National Grid's overall financial position and show how it may be relating to other accounts over time.
Days Of Inventory On Hand10 Years Trend
Pretty Stable
   Days Of Inventory On Hand   
       Timeline  

National Days Of Inventory On Hand Regression Statistics

Arithmetic Mean23.90
Coefficient Of Variation73.94
Mean Deviation10.95
Median26.52
Standard Deviation17.67
Sample Variance312.34
Range78.606
R-Value0.19
Mean Square Error324.62
R-Squared0.03
Significance0.50
Slope0.74
Total Sum of Squares4,373

National Days Of Inventory On Hand History

2024 17.08
2023 20.99
2022 32.76
2021 26.52
2020 28.56
2019 33.46
2018 19.85

About National Grid Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include National Grid income statement, its balance sheet, and the statement of cash flows. National Grid investors use historical funamental indicators, such as National Grid's Days Of Inventory On Hand, to determine how well the company is positioned to perform in the future. Although National Grid investors may use each financial statement separately, they are all related. The changes in National Grid's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on National Grid'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 National Grid Financial Statements. Understanding these patterns can help to make the right decision on long term investment in National Grid. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Of Inventory On Hand 20.99  17.08 

Currently Active Assets on Macroaxis

When determining whether National Grid PLC is a strong investment it is important to analyze National Grid'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 National Grid's future performance. For an informed investment choice regarding National Stock, refer to the following important reports:
Check out the analysis of National Grid Correlation against competitors.
Note that the National Grid PLC information on this page should be used as a complementary analysis to other National Grid'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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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When running National Grid's price analysis, check to measure National Grid'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 National Grid is operating at the current time. Most of National Grid's value examination focuses on studying past and present price action to predict the probability of National Grid's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move National Grid's price. Additionally, you may evaluate how the addition of National Grid to your portfolios can decrease your overall portfolio volatility.
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Is National Grid'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 National Grid. If investors know National 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 National Grid 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
(0.82)
Dividend Share
0.585
Earnings Share
3.48
Revenue Per Share
4.4782
Quarterly Revenue Growth
(0.07)
The market value of National Grid PLC is measured differently than its book value, which is the value of National that is recorded on the company's balance sheet. Investors also form their own opinion of National Grid's value that differs from its market value or its book value, called intrinsic value, which is National Grid'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 National Grid's market value can be influenced by many factors that don't directly affect National Grid'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 National Grid's value and its price as these two are different measures arrived at by different means. Investors typically determine if National Grid is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National Grid'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.