ArcBest Inventory from 2010 to 2024

ARCB Stock  USD 112.58  2.67  2.43%   
ArcBest Corp's Inventory is decreasing over the years with slightly volatile fluctuation. Overall, Inventory is projected to go to about -23.1 M this year. From 2010 to 2024 ArcBest Corp Inventory quarterly data regression line had arithmetic mean of  39,005,663 and r-squared of  0.47. View All Fundamentals
 
Inventory  
First Reported
1991-12-31
Previous Quarter
2
Current Value
-21.4 M
Quarterly Volatility
24.5 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ArcBest Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ArcBest Corp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 75.5 M, Interest Expense of 9.4 M or Total Revenue of 2.3 B, as well as many indicators such as Price To Sales Ratio of 0.68, Dividend Yield of 0.0038 or PTB Ratio of 1.78. ArcBest financial statements analysis is a perfect complement when working with ArcBest Corp Valuation or Volatility modules.
  
Check out the analysis of ArcBest Corp Correlation against competitors.
For information on how to trade ArcBest Stock refer to our How to Trade ArcBest Stock guide.

Latest ArcBest Corp's Inventory Growth Pattern

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

ArcBest Inventory Regression Statistics

Arithmetic Mean39,005,663
Geometric Mean40,112,701
Coefficient Of Variation86.78
Mean Deviation24,696,492
Median40,104,000
Standard Deviation33,849,243
Sample Variance1145.8T
Range130.8M
R-Value(0.69)
Mean Square Error649.2T
R-Squared0.47
Significance0
Slope(5,210,208)
Total Sum of Squares16040.8T

ArcBest Inventory History

2024-23.1 M
2023-24.3 M
202240.2 M
202140.1 M
202037.8 M
201930.4 M
201825.3 M

Other Fundumenentals of ArcBest Corp

About ArcBest Corp Financial Statements

ArcBest Corp stakeholders use historical fundamental indicators, such as ArcBest Corp's Inventory, to determine how well the company is positioned to perform in the future. Although ArcBest Corp investors may analyze each financial statement separately, they are all interrelated. For example, changes in ArcBest Corp's assets and liabilities are reflected in the revenues and expenses on ArcBest Corp'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 ArcBest Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory-24.3 M-23.1 M
Change To Inventory-1.3 M-1.4 M
Inventory Turnover(174.96)(166.21)
Days Of Inventory On Hand(2.09)(1.98)
Days Of Inventory Outstanding(2.09)(1.98)

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 ArcBest Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ArcBest Corp'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 Arcbest Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Arcbest Corp Stock:
Check out the analysis of ArcBest Corp Correlation against competitors.
For information on how to trade ArcBest Stock refer to our How to Trade ArcBest Stock guide.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Cargo Ground Transportation 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 ArcBest Corp. If investors know ArcBest 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 ArcBest Corp 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
1.98
Dividend Share
0.48
Earnings Share
8.03
Revenue Per Share
180.569
Quarterly Revenue Growth
(0.06)
The market value of ArcBest Corp is measured differently than its book value, which is the value of ArcBest that is recorded on the company's balance sheet. Investors also form their own opinion of ArcBest Corp's value that differs from its market value or its book value, called intrinsic value, which is ArcBest Corp'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 ArcBest Corp's market value can be influenced by many factors that don't directly affect ArcBest Corp'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 ArcBest Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if ArcBest Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ArcBest Corp'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.