Advanced Inventory from 2010 to 2024

WMS Stock  USD 156.81  0.10  0.06%   
Advanced Drainage Inventory yearly trend continues to be comparatively stable with very little volatility. Inventory will likely drop to about 338.3 M in 2024. From the period from 2010 to 2024, Advanced Drainage Inventory quarterly data regression had r-value of  0.76 and coefficient of variation of  31.59. View All Fundamentals
 
Inventory  
First Reported
2012-03-31
Previous Quarter
385.1 M
Current Value
405.4 M
Quarterly Volatility
90.9 M
 
Yuan Drop
 
Covid
Check Advanced Drainage financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Advanced main balance sheet or income statement drivers, such as Depreciation And Amortization of 88.4 M, Interest Expense of 84.7 M or Selling General Administrative of 410 M, as well as many exotic indicators such as Price To Sales Ratio of 1.15, Dividend Yield of 0.0062 or PTB Ratio of 3.37. Advanced financial statements analysis is a perfect complement when working with Advanced Drainage Valuation or Volatility modules.
  
This module can also supplement Advanced Drainage's financial leverage analysis and stock options assessment as well as various Advanced Drainage Technical models . Check out the analysis of Advanced Drainage Correlation against competitors.

Latest Advanced Drainage's Inventory Growth Pattern

Below is the plot of the Inventory of Advanced Drainage Systems over the last few years. It is Advanced Drainage's Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Advanced Drainage's overall financial position and show how it may be relating to other accounts over time.
Inventory10 Years Trend
Slightly volatile
   Inventory   
       Timeline  

Advanced Inventory Regression Statistics

Arithmetic Mean314,631,347
Geometric Mean302,593,333
Coefficient Of Variation31.59
Mean Deviation76,221,842
Median269,842,000
Standard Deviation99,405,920
Sample Variance9881.5T
Range301.2M
R-Value0.76
Mean Square Error4513.7T
R-Squared0.58
Significance0
Slope16,867,465
Total Sum of Squares138341.5T

Advanced Inventory History

2024338.3 M
2023533.6 M
2022464 M
2021494.3 M
2020301 M
2019282.4 M
2018264.5 M

Other Fundumenentals of Advanced Drainage Systems

About Advanced Drainage Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Advanced Drainage income statement, its balance sheet, and the statement of cash flows. Advanced Drainage investors use historical funamental indicators, such as Advanced Drainage's Inventory, to determine how well the company is positioned to perform in the future. Although Advanced Drainage investors may use each financial statement separately, they are all related. The changes in Advanced Drainage's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Advanced Drainage'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 Advanced Drainage Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Advanced Drainage. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory533.6 M338.3 M
Change To Inventory27.2 M28.6 M
Inventory Turnover 3.79  3.14 
Days Of Inventory On Hand 99.74  103.54 
Average Inventory 0.00  0.00 
Days Of Inventory Outstanding 99.74  103.54 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Advanced Drainage Systems is a strong investment it is important to analyze Advanced Drainage'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 Advanced Drainage's future performance. For an informed investment choice regarding Advanced Stock, refer to the following important reports:
Check out the analysis of Advanced Drainage Correlation against competitors.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

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When running Advanced Drainage's price analysis, check to measure Advanced Drainage'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 Advanced Drainage is operating at the current time. Most of Advanced Drainage's value examination focuses on studying past and present price action to predict the probability of Advanced Drainage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Advanced Drainage's price. Additionally, you may evaluate how the addition of Advanced Drainage to your portfolios can decrease your overall portfolio volatility.
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Is Advanced Drainage'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 Advanced Drainage. If investors know Advanced 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 Advanced Drainage 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
0.354
Dividend Share
0.54
Earnings Share
6.31
Revenue Per Share
35.932
Quarterly Revenue Growth
0.011
The market value of Advanced Drainage Systems is measured differently than its book value, which is the value of Advanced that is recorded on the company's balance sheet. Investors also form their own opinion of Advanced Drainage's value that differs from its market value or its book value, called intrinsic value, which is Advanced Drainage'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 Advanced Drainage's market value can be influenced by many factors that don't directly affect Advanced Drainage'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 Advanced Drainage's value and its price as these two are different measures arrived at by different means. Investors typically determine if Advanced Drainage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Advanced Drainage'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.