Commercial Change To Inventory from 2010 to 2024

CMC Stock  USD 50.27  0.74  1.49%   
Commercial Metals' Change To Inventory is decreasing over the years with very volatile fluctuation. Overall, Change To Inventory is expected to go to about 64.9 M this year. Change To Inventory is the increase or decrease in the amount of inventory Commercial Metals has over a certain period. View All Fundamentals
 
Change To Inventory  
First Reported
1989-08-31
Previous Quarter
5.8 M
Current Value
10.7 M
Quarterly Volatility
93.4 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Commercial Metals financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Commercial Metals' main balance sheet or income statement drivers, such as Depreciation And Amortization of 294.4 M, Interest Expense of 30.6 M or Selling General Administrative of 368.3 M, as well as many indicators such as Price To Sales Ratio of 0.82, Dividend Yield of 0.0166 or PTB Ratio of 1.11. Commercial financial statements analysis is a perfect complement when working with Commercial Metals Valuation or Volatility modules.
  
Check out the analysis of Commercial Metals Correlation against competitors.
For information on how to trade Commercial Stock refer to our How to Trade Commercial Stock guide.

Latest Commercial Metals' Change To Inventory Growth Pattern

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

Commercial Change To Inventory Regression Statistics

Arithmetic Mean(5,427,410)
Geometric Mean75,174,379
Coefficient Of Variation(2,748)
Mean Deviation115,162,393
Median50,747,000
Standard Deviation149,161,985
Sample Variance22249.3T
Range525.9M
R-Value(0.02)
Mean Square Error23949T
R-Squared0.0005
Significance0.94
Slope(741,129)
Total Sum of Squares311490.2T

Commercial Change To Inventory History

202464.9 M
202361.8 M
2022177 M
2021-255.2 M
2020-316.3 M
201978.9 M
201889.7 M

About Commercial Metals Financial Statements

Commercial Metals stakeholders use historical fundamental indicators, such as Commercial Metals' Change To Inventory, to determine how well the company is positioned to perform in the future. Although Commercial Metals investors may analyze each financial statement separately, they are all interrelated. For example, changes in Commercial Metals' assets and liabilities are reflected in the revenues and expenses on Commercial Metals' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Commercial Metals. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Change To Inventory61.8 M64.9 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Commercial Metals offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Commercial Metals' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Commercial Metals Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Commercial Metals Stock:
Check out the analysis of Commercial Metals Correlation against competitors.
For information on how to trade Commercial Stock refer to our How to Trade Commercial Stock guide.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Commercial Metals. If investors know Commercial will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Commercial Metals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.43)
Dividend Share
0.68
Earnings Share
4.14
Revenue Per Share
68.419
Quarterly Revenue Growth
(0.1)
The market value of Commercial Metals is measured differently than its book value, which is the value of Commercial that is recorded on the company's balance sheet. Investors also form their own opinion of Commercial Metals' value that differs from its market value or its book value, called intrinsic value, which is Commercial Metals' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Commercial Metals' market value can be influenced by many factors that don't directly affect Commercial Metals' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Commercial Metals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Commercial Metals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Commercial Metals' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.