Quest Inventory from 2010 to 2024

DGX Stock  USD 163.32  1.05  0.65%   
Quest Diagnostics Inventory yearly trend continues to be fairly stable with very little volatility. Inventory will likely drop to about 104 M in 2024. During the period from 2010 to 2024, Quest Diagnostics Inventory regression line of annual values had r-squared of  0.53 and arithmetic mean of  120,779,186. View All Fundamentals
 
Inventory  
First Reported
1996-09-30
Previous Quarter
182 M
Current Value
184 M
Quarterly Volatility
49.2 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Quest Diagnostics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Quest Diagnostics' main balance sheet or income statement drivers, such as Depreciation And Amortization of 265.1 M, Interest Expense of 99.3 M or Selling General Administrative of 1.5 B, as well as many indicators such as Price To Sales Ratio of 1.13, Dividend Yield of 0.0214 or PTB Ratio of 3.0. Quest financial statements analysis is a perfect complement when working with Quest Diagnostics Valuation or Volatility modules.
  
Check out the analysis of Quest Diagnostics Correlation against competitors.

Latest Quest Diagnostics' Inventory Growth Pattern

Below is the plot of the Inventory of Quest Diagnostics Incorporated over the last few years. It is Quest Diagnostics' Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Quest Diagnostics' overall financial position and show how it may be relating to other accounts over time.
Inventory10 Years Trend
Slightly volatile
   Inventory   
       Timeline  

Quest Inventory Regression Statistics

Arithmetic Mean120,779,186
Geometric Mean108,328,386
Coefficient Of Variation46.15
Mean Deviation44,280,543
Median99,000,000
Standard Deviation55,733,634
Sample Variance3106.2T
Range194.5M
R-Value0.73
Mean Square Error1586.7T
R-Squared0.53
Significance0
Slope9,035,638
Total Sum of Squares43487.3T

Quest Inventory History

2024104 M
2023190 M
2022192 M
2021208 M
2020223 M
2019123 M
201899 M

Other Fundumenentals of Quest Diagnostics

About Quest Diagnostics Financial Statements

Quest Diagnostics investors use historical fundamental indicators, such as Quest Diagnostics' 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 Quest Diagnostics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory190 M104 M
Change To Inventory-23 M-21.9 M
Inventory Turnover 33.11  33.12 
Days Of Inventory On Hand 11.02  10.21 
Days Of Inventory Outstanding 11.02  10.21 

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Additional Tools for Quest Stock Analysis

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