RingCentral (RNG) Inventory Average (2016 - 2018)
RingCentral (RNG) has disclosed Inventory Average for 6 consecutive years, with $183500.0 as the latest value for Q4 2018.
- Quarterly Inventory Average rose 3.09% to $183500.0 in Q4 2018 from the year-ago period, while the trailing twelve-month figure was $183500.0 through Dec 2018, up 3.09% year-over-year, with the annual reading at $198500.0 for FY2018, 52.11% up from the prior year.
- Inventory Average for Q4 2018 was $183500.0 at RingCentral, down from $209500.0 in the prior quarter.
- The five-year high for Inventory Average was $2.3 million in Q3 2015, with the low at $73500.0 in Q4 2016.
- Average Inventory Average over 5 years is $1.0 million, with a median of $376000.0 recorded in 2016.
- The sharpest move saw Inventory Average tumbled 96.81% in 2016, then soared 142.18% in 2017.
- Over 5 years, Inventory Average stood at $1.9 million in 2014, then grew by 23.7% to $2.3 million in 2015, then crashed by 96.81% to $73500.0 in 2016, then skyrocketed by 142.18% to $178000.0 in 2017, then grew by 3.09% to $183500.0 in 2018.
- According to Business Quant data, Inventory Average over the past three periods came in at $183500.0, $209500.0, and $240000.0 for Q4 2018, Q3 2018, and Q2 2018 respectively.