APA Days Of Inventory Outstanding from 2010 to 2024

APA Stock  USD 22.68  0.09  0.40%   
APA's Days Of Inventory Outstanding is decreasing over the years with slightly volatile fluctuation. Overall, Days Of Inventory Outstanding is expected to go to 93.36 this year. From 2010 to 2024 APA Days Of Inventory Outstanding quarterly data regression line had arithmetic mean of  109.80 and r-squared of  0.20. View All Fundamentals
 
Days Of Inventory Outstanding  
First Reported
2010-12-31
Previous Quarter
70.12086514
Current Value
93.36
Quarterly Volatility
206.25711339
 
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Check APA financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among APA's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.5 B, Interest Expense of 347.6 M or Selling General Administrative of 231.5 M, as well as many indicators such as Price To Sales Ratio of 2.65, Dividend Yield of 0.0293 or PTB Ratio of 4.37. APA financial statements analysis is a perfect complement when working with APA Valuation or Volatility modules.
  
Check out the analysis of APA Correlation against competitors.

Latest APA's Days Of Inventory Outstanding Growth Pattern

Below is the plot of the Days Of Inventory Outstanding of APA Corporation over the last few years. It is APA's Days Of Inventory Outstanding historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in APA's overall financial position and show how it may be relating to other accounts over time.
Days Of Inventory Outstanding10 Years Trend
Slightly volatile
   Days Of Inventory Outstanding   
       Timeline  

APA Days Of Inventory Outstanding Regression Statistics

Arithmetic Mean109.80
Geometric Mean49.85
Coefficient Of Variation187.85
Mean Deviation119.94
Median38.84
Standard Deviation206.26
Sample Variance42,542
Range801
R-Value(0.45)
Mean Square Error36,676
R-Squared0.20
Significance0.1
Slope(20.60)
Total Sum of Squares595,588

APA Days Of Inventory Outstanding History

2024 93.36
2023 70.12
2022 32.34
2021 38.84
2020 50.87
2019 41.33
2018 34.92

About APA Financial Statements

APA stakeholders use historical fundamental indicators, such as APA's Days Of Inventory Outstanding, to determine how well the company is positioned to perform in the future. Although APA investors may analyze each financial statement separately, they are all interrelated. For example, changes in APA's assets and liabilities are reflected in the revenues and expenses on APA'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 APA Corporation. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Of Inventory Outstanding 70.12  93.36 

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 APA Corporation offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of APA's 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 Apa Corporation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Apa Corporation Stock:
Check out the analysis of APA Correlation against competitors.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Oil & Gas Exploration & Production 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 APA. If investors know APA 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 APA 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
0.186
Dividend Share
1
Earnings Share
7.04
Revenue Per Share
26.553
Quarterly Revenue Growth
0.104
The market value of APA Corporation is measured differently than its book value, which is the value of APA that is recorded on the company's balance sheet. Investors also form their own opinion of APA's value that differs from its market value or its book value, called intrinsic value, which is APA'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 APA's market value can be influenced by many factors that don't directly affect APA'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 APA's value and its price as these two are different measures arrived at by different means. Investors typically determine if APA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, APA'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.