ChampionX Inventory from 2010 to 2024

CHX Stock  USD 30.95  0.25  0.81%   
ChampionX Inventory yearly trend continues to be fairly stable with very little volatility. Inventory will likely drop to about 375.2 M in 2024. During the period from 2010 to 2024, ChampionX Inventory regression line of annual values had r-squared of  0.57 and arithmetic mean of  301,868,726. View All Fundamentals
 
Inventory  
First Reported
2017-12-31
Previous Quarter
539 M
Current Value
546.8 M
Quarterly Volatility
162.4 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 Inventory Growth Pattern

Below is the plot of the Inventory of ChampionX over the last few years. It is ChampionX's 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.
Inventory10 Years Trend
Slightly volatile
   Inventory   
       Timeline  

ChampionX Inventory Regression Statistics

Arithmetic Mean301,868,726
Geometric Mean277,271,288
Coefficient Of Variation45.89
Mean Deviation120,392,168
Median216,656,000
Standard Deviation138,529,083
Sample Variance19190.3T
Range358.4M
R-Value0.75
Mean Square Error8927.1T
R-Squared0.57
Significance0
Slope23,346,122
Total Sum of Squares268664.3T

ChampionX Inventory History

2024375.2 M
2023521.5 M
2022542.5 M
2021542.9 M
2020430.1 M
2019211.3 M
2018218.3 M

Other Fundumenentals of ChampionX

About ChampionX Financial Statements

ChampionX investors use historical fundamental indicators, such as ChampionX's 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
Inventory521.5 M375.2 M
Change To Inventory18.8 M19.7 M
Inventory Turnover 5.02  3.10 
Days Of Inventory On Hand 72.70  107.76 
Days Of Inventory Outstanding 72.70  107.76 

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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.