NiSource Days Of Inventory On Hand from 2010 to 2025

NI Stock  USD 39.92  0.17  0.43%   
NiSource's Days Of Inventory On Hand is decreasing with slightly volatile movements from year to year. Days Of Inventory On Hand is estimated to finish at 68.40 this year. For the period between 2010 and 2025, NiSource, Days Of Inventory On Hand quarterly trend regression had mean deviation of  9.38 and range of 49.3454. View All Fundamentals
 
Days Of Inventory On Hand  
First Reported
2010-12-31
Previous Quarter
53.64565234
Current Value
68.4
Quarterly Volatility
12.51367615
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check NiSource financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NiSource's main balance sheet or income statement drivers, such as Interest Expense of 549.3 M, Total Revenue of 5 B or Gross Profit of 3.5 B, as well as many indicators such as Price To Sales Ratio of 3.21, Dividend Yield of 0.0278 or PTB Ratio of 14.18. NiSource financial statements analysis is a perfect complement when working with NiSource Valuation or Volatility modules.
  
Check out the analysis of NiSource Correlation against competitors.
For more detail on how to invest in NiSource Stock please use our How to Invest in NiSource guide.

Latest NiSource's Days Of Inventory On Hand Growth Pattern

Below is the plot of the Days Of Inventory On Hand of NiSource over the last few years. It is NiSource's Days Of Inventory On Hand historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in NiSource's overall financial position and show how it may be relating to other accounts over time.
Days Of Inventory On Hand10 Years Trend
Slightly volatile
   Days Of Inventory On Hand   
       Timeline  

NiSource Days Of Inventory On Hand Regression Statistics

Arithmetic Mean62.21
Geometric Mean61.03
Coefficient Of Variation20.12
Mean Deviation9.38
Median61.59
Standard Deviation12.51
Sample Variance156.59
Range49.3454
R-Value(0.29)
Mean Square Error153.36
R-Squared0.09
Significance0.27
Slope(0.77)
Total Sum of Squares2,349

NiSource Days Of Inventory On Hand History

2025 68.4
2023 60.88
2022 76.24
2021 63.91
2020 54.32
2019 53.65
2018 37.48

About NiSource Financial Statements

Investors use fundamental indicators, such as NiSource's Days Of Inventory On Hand, to determine how well the company is positioned to perform in the future. Although NiSource's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Days Of Inventory On Hand 53.65  68.40 

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Check out the analysis of NiSource Correlation against competitors.
For more detail on how to invest in NiSource Stock please use our How to Invest in NiSource guide.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Is Multi-Utilities 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 NiSource. If investors know NiSource 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 NiSource 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
(0.05)
Dividend Share
1.075
Earnings Share
1.62
Revenue Per Share
12.01
Quarterly Revenue Growth
0.117
The market value of NiSource is measured differently than its book value, which is the value of NiSource that is recorded on the company's balance sheet. Investors also form their own opinion of NiSource's value that differs from its market value or its book value, called intrinsic value, which is NiSource'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 NiSource's market value can be influenced by many factors that don't directly affect NiSource'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 NiSource's value and its price as these two are different measures arrived at by different means. Investors typically determine if NiSource is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NiSource'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.