Canaan (CAN) Inventory Average: 2019-2024
- Canaan's Inventory Average fell 33.06% to $118.5 million in Q4 2024 from the same period last year, while for Dec 2024 it was $118.5 million, marking a year-over-year decrease of 33.06%. This contributed to the annual value of $118.5 million for FY2024, which is 33.06% down from last year.
- Latest data reveals that Canaan reported Inventory Average of $118.5 million as of Q4 2024, which was down 33.06% from $177.0 million recorded in Q4 2023.
- In the past 5 years, Canaan's Inventory Average registered a high of $177.0 million during Q4 2023, and its lowest value of $30.9 million during Q4 2020.
- Moreover, its 3-year median value for Inventory Average was $169.4 million (2022), whereas its average is $154.9 million.
- Its Inventory Average has fluctuated over the past 5 years, first crashed by 45.04% in 2020, then spiked by 160.46% in 2021.
- Quarterly analysis of 5 years shows Canaan's Inventory Average stood at $30.9 million in 2020, then soared by 160.46% to $80.5 million in 2021, then spiked by 110.25% to $169.4 million in 2022, then rose by 4.50% to $177.0 million in 2023, then tumbled by 33.06% to $118.5 million in 2024.
- Its last three reported values are $118.5 million in Q4 2024, $177.0 million for Q4 2023, and $169.4 million during Q4 2022.
