HiTek Global (HKIT) Inventory Average (2020 - 2024)

HiTek Global (HKIT) has disclosed Inventory Average for 5 consecutive years, with $246318.5 as the latest value for Q4 2024.

  • Quarterly Inventory Average fell 35.92% to $246318.5 in Q4 2024 from the year-ago period, while the trailing twelve-month figure was $246318.5 through Dec 2024, down 35.92% year-over-year, with the annual reading at $246318.5 for FY2024, 35.92% down from the prior year.
  • Inventory Average hit $246318.5 in Q4 2024 for HiTek Global, down from $384418.0 in the prior quarter.
  • In the past five years, Inventory Average ranged from a high of $1.0 million in Q4 2021 to a low of $246318.5 in Q4 2024.
  • Historically, Inventory Average has averaged $623196.0 across 5 years, with a median of $707755.5 in 2020.
  • Biggest five-year swings in Inventory Average: surged 42.24% in 2021 and later plummeted 50.13% in 2023.
  • Year by year, Inventory Average stood at $707755.5 in 2020, then soared by 42.24% to $1.0 million in 2021, then fell by 23.43% to $770796.5 in 2022, then crashed by 50.13% to $384418.0 in 2023, then tumbled by 35.92% to $246318.5 in 2024.
  • Business Quant data shows Inventory Average for HKIT at $246318.5 in Q4 2024, $384418.0 in Q4 2023, and $770796.5 in Q4 2022.