ChampionX Change To Inventory from 2010 to 2024

CHX Stock  USD 30.95  0.25  0.81%   
ChampionX Change To Inventory yearly trend continues to be fairly stable with very little volatility. Change To Inventory is likely to outpace its year average in 2024. Change To Inventory is the increase or decrease in the amount of inventory ChampionX has over a certain period. View All Fundamentals
 
Change To Inventory  
First Reported
2017-03-31
Previous Quarter
-1 M
Current Value
779 K
Quarterly Volatility
29.2 M
 
Covid
Check ChampionX financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ChampionX's main balance sheet or income statement drivers, such as Tax Provision of 94.9 M, Depreciation And Amortization of 185.5 M or Interest Expense of 33.2 M, as well as many indicators such as Price To Sales Ratio of 2.35, Dividend Yield of 0.0108 or PTB Ratio of 1.85. ChampionX financial statements analysis is a perfect complement when working with ChampionX Valuation or Volatility modules.
  
Check out the analysis of ChampionX Correlation against competitors.
For more information on how to buy ChampionX Stock please use our How to Invest in ChampionX guide.

Latest ChampionX's Change To Inventory Growth Pattern

Below is the plot of the Change To Inventory of ChampionX over the last few years. It is the increase or decrease in the amount of inventory a company has over a certain period. ChampionX's Change To Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ChampionX's overall financial position and show how it may be relating to other accounts over time.
Change To Inventory10 Years Trend
Slightly volatile
   Change To Inventory   
       Timeline  

ChampionX Change To Inventory Regression Statistics

Arithmetic Mean19,963,577
Geometric Mean42,773,497
Coefficient Of Variation281.37
Mean Deviation41,563,785
Median32,912,000
Standard Deviation56,171,399
Sample Variance3155.2T
Range210M
R-Value(0.53)
Mean Square Error2436.2T
R-Squared0.28
Significance0.04
Slope(6,682,316)
Total Sum of Squares44173.2T

ChampionX Change To Inventory History

202419.7 M
202318.8 M
2022-52.4 M
2021-124.2 M
202085.9 M
201919.1 M
2018-38.7 M

About ChampionX Financial Statements

ChampionX investors use historical fundamental indicators, such as ChampionX's Change To Inventory, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in ChampionX. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Change To Inventory18.8 M19.7 M

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Additional Tools for ChampionX Stock Analysis

When running ChampionX's price analysis, check to measure ChampionX'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 ChampionX is operating at the current time. Most of ChampionX's value examination focuses on studying past and present price action to predict the probability of ChampionX's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ChampionX's price. Additionally, you may evaluate how the addition of ChampionX to your portfolios can decrease your overall portfolio volatility.