Securetech Innovations (SCTH) Inventory Average (2021 - 2023)
Securetech Innovations' (SCTH) quarterly Inventory Average came in at $20602.5 in Q4 2023, down 38.98% YoY from $33762.0 in Q4 2022, and down 38.98% on a QoQ basis from $33762.0 in Q4 2022.
Securetech Innovations (SCTH) Inventory Average (2021 - 2023) Analysis & Trends
Securetech Innovations (SCTH) has 3 years of Inventory Average data on file, last reported at $20602.5 in Q4 2023.
- Quarterly Inventory Average fell 38.98% year-over-year to $20602.5 in Q4 2023, while the trailing twelve-month figure through Dec 2023 was $20602.5 (down 38.98% YoY) and the FY2023 annual result came in at $20602.5, down 38.98% from the prior year.
- Inventory Average declined to $20602.5 in Q4 2023, from $33762.0 in the prior quarter.
- In the past five years, Inventory Average ranged from a high of $46196.0 in Q2 2021 to a low of $20602.5 in Q4 2023.
- A 3-year average of $35561.9 and a median of $37724.5 in 2021 frame the typical range for Inventory Average.
- Annual changes were most pronounced in 2022 — Inventory Average retreated 19.01% — and 2023, when it sank 38.98%.
- Tracing SCTH's Inventory Average over 3 years: stood at $41687.0 in 2021, then fell by 19.01% to $33762.0 in 2022, then slumped by 38.98% to $20602.5 in 2023.
- The last three Inventory Average figures came in at $20602.5 (Q4 2023), $33762.0 (Q4 2022), and $41687.0 (Q4 2021), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 73.55 Bn | 73.29 Bn | 2.52 Bn | 5.89 Bn |
| 2 | Autozone | 48.72 Bn | 48.46 Bn | 2.52 Bn | - |
| 3 | Magna International | 20.02 Bn | 18.59 Bn | 1.61 Bn | 3.99 Bn |
| 4 | Genuine Parts | 18.44 Bn | 17.88 Bn | 2.47 Bn | 6.21 Bn |
| 5 | Borgwarner | 13.74 Bn | 11.29 Bn | 721.00 Mn | 1.22 Bn |
| 6 | Allison Transmission Holdings | 11.11 Bn | 10.71 Bn | 515.00 Mn | 837.50 Mn |
| 7 | Modine Manufacturing | 10.43 Bn | 10.36 Bn | - | 524.50 Mn |
| 8 | Aptiv | 10.21 Bn | 9.45 Bn | 775.00 Mn | 2.39 Bn |
| 9 | Autoliv | 9.27 Bn | 8.90 Bn | 509.00 Mn | 1.03 Bn |
| 10 | Securetech Innovations | 1.97 Bn | 1.97 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 20,602.50 |
| Dec 31, 2022 | 33,762.00 |
| Dec 31, 2021 | 41,687.00 |
| Jun 30, 2021 | 46,196.00 |