Archrock Days Of Inventory On Hand from 2010 to 2024

AROC Stock  USD 25.38  0.48  1.86%   
Archrock's Days Of Inventory On Hand is decreasing over the years with very volatile fluctuation. Overall, Days Of Inventory On Hand is expected to go to 91.18 this year. During the period from 2010 to 2024 Archrock Days Of Inventory On Hand annual values regression line had geometric mean of  55.33 and mean square error of  179.72. View All Fundamentals
 
Days Of Inventory On Hand  
First Reported
2010-12-31
Previous Quarter
48.50431525
Current Value
91.18
Quarterly Volatility
12.92815194
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Archrock financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Archrock's main balance sheet or income statement drivers, such as Depreciation And Amortization of 237.7 M, Interest Expense of 111.7 M or Selling General Administrative of 195.4 M, as well as many indicators such as Price To Sales Ratio of 4.14, Dividend Yield of 0.0433 or PTB Ratio of 2.59. Archrock financial statements analysis is a perfect complement when working with Archrock Valuation or Volatility modules.
  
Check out the analysis of Archrock Correlation against competitors.
For information on how to trade Archrock Stock refer to our How to Trade Archrock Stock guide.

Latest Archrock's Days Of Inventory On Hand Growth Pattern

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

Archrock Days Of Inventory On Hand Regression Statistics

Arithmetic Mean56.57
Geometric Mean55.33
Coefficient Of Variation22.85
Mean Deviation9.67
Median54.49
Standard Deviation12.93
Sample Variance167.14
Range50.4325
R-Value(0.04)
Mean Square Error179.72
R-Squared0
Significance0.89
Slope(0.11)
Total Sum of Squares2,340

Archrock Days Of Inventory On Hand History

2024 91.18
2023 48.5
2022 52.91
2021 49.45
2020 40.75
2019 42.18
2018 43.58

About Archrock Financial Statements

Archrock stakeholders use historical fundamental indicators, such as Archrock's Days Of Inventory On Hand, to determine how well the company is positioned to perform in the future. Although Archrock investors may analyze each financial statement separately, they are all interrelated. For example, changes in Archrock's assets and liabilities are reflected in the revenues and expenses on Archrock'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 Archrock. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Of Inventory On Hand 48.50  91.18 

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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 Archrock offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Archrock'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 Archrock Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Archrock Stock:
Check out the analysis of Archrock Correlation against competitors.
For information on how to trade Archrock Stock refer to our How to Trade Archrock Stock guide.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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 Archrock. If investors know Archrock 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 Archrock 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
0.127
Dividend Share
0.67
Earnings Share
0.91
Revenue Per Share
6.942
Quarterly Revenue Growth
0.153
The market value of Archrock is measured differently than its book value, which is the value of Archrock that is recorded on the company's balance sheet. Investors also form their own opinion of Archrock's value that differs from its market value or its book value, called intrinsic value, which is Archrock'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 Archrock's market value can be influenced by many factors that don't directly affect Archrock'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 Archrock's value and its price as these two are different measures arrived at by different means. Investors typically determine if Archrock is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Archrock'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.