KLX Change In Working Capital from 2010 to 2024

KLXE Stock  USD 4.71  0.24  5.37%   
KLX Energy's Change In Working Capital is decreasing over the years with slightly volatile fluctuation. Overall, Change In Working Capital is expected to go to about 33 M this year. Change In Working Capital is the difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities. View All Fundamentals
 
Change In Working Capital  
First Reported
2017-03-31
Previous Quarter
8.3 M
Current Value
300 K
Quarterly Volatility
15.4 M
 
Covid
Check KLX Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among KLX Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 56.8 M, Interest Expense of 34.7 M or Total Revenue of 506.7 M, as well as many indicators such as Price To Sales Ratio of 0.19, Dividend Yield of 0.0 or PTB Ratio of 4.75. KLX financial statements analysis is a perfect complement when working with KLX Energy Valuation or Volatility modules.
  
Check out the analysis of KLX Energy Correlation against competitors.

Latest KLX Energy's Change In Working Capital Growth Pattern

Below is the plot of the Change In Working Capital of KLX Energy Services over the last few years. It is the difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities. KLX Energy's Change In Working Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in KLX Energy's overall financial position and show how it may be relating to other accounts over time.
Change In Working Capital10 Years Trend
Slightly volatile
   Change In Working Capital   
       Timeline  

KLX Change In Working Capital Regression Statistics

Arithmetic Mean25,618,000
Geometric Mean30,999,246
Coefficient Of Variation144.68
Mean Deviation31,656,800
Median31,400,000
Standard Deviation37,064,675
Sample Variance1373.8T
Range95.2M
R-Value(0.62)
Mean Square Error911.4T
R-Squared0.38
Significance0.01
Slope(5,135,393)
Total Sum of Squares19233.1T

KLX Change In Working Capital History

202433 M
202331.4 M
2022-32.2 M
2021-14.7 M
202018.6 M
201915.3 M
2018-18 M

About KLX Energy Financial Statements

KLX Energy stakeholders use historical fundamental indicators, such as KLX Energy's Change In Working Capital, to determine how well the company is positioned to perform in the future. Although KLX Energy investors may analyze each financial statement separately, they are all interrelated. For example, changes in KLX Energy's assets and liabilities are reflected in the revenues and expenses on KLX Energy's 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 KLX Energy Services. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Change In Working Capital31.4 M33 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 KLX Energy Services is a strong investment it is important to analyze KLX Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact KLX Energy's future performance. For an informed investment choice regarding KLX Stock, refer to the following important reports:
Check out the analysis of KLX Energy Correlation against competitors.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Oil & Gas Equipment & Services 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 KLX Energy. If investors know KLX 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 KLX Energy 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
(0.51)
Earnings Share
(2.98)
Revenue Per Share
45.556
Quarterly Revenue Growth
(0.14)
Return On Assets
(0.01)
The market value of KLX Energy Services is measured differently than its book value, which is the value of KLX that is recorded on the company's balance sheet. Investors also form their own opinion of KLX Energy's value that differs from its market value or its book value, called intrinsic value, which is KLX Energy's 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 KLX Energy's market value can be influenced by many factors that don't directly affect KLX Energy's 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 KLX Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if KLX Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KLX Energy's 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.