ChampionX Operating Cycle from 2010 to 2024

CHX Stock  USD 31.28  0.58  1.89%   
ChampionX Operating Cycle yearly trend continues to be fairly stable with very little volatility. Operating Cycle is likely to outpace its year average in 2024. During the period from 2010 to 2024, ChampionX Operating Cycle regression line of annual values had r-squared of  0.07 and arithmetic mean of  170.37. View All Fundamentals
 
Operating Cycle  
First Reported
2010-12-31
Previous Quarter
124.60939506
Current Value
184.88
Quarterly Volatility
22.34262074
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ChampionX financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ChampionX's main balance sheet or income statement drivers, such as Tax Provision of 94.9 M, Depreciation And Amortization of 185.5 M or Interest Expense of 33.2 M, as well as many indicators such as Price To Sales Ratio of 2.35, Dividend Yield of 0.0108 or PTB Ratio of 1.85. ChampionX financial statements analysis is a perfect complement when working with ChampionX Valuation or Volatility modules.
  
Check out the analysis of ChampionX Correlation against competitors.
For more information on how to buy ChampionX Stock please use our How to Invest in ChampionX guide.

Latest ChampionX's Operating Cycle Growth Pattern

Below is the plot of the Operating Cycle of ChampionX over the last few years. It is ChampionX's Operating Cycle historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ChampionX's overall financial position and show how it may be relating to other accounts over time.
Operating Cycle10 Years Trend
Pretty Stable
   Operating Cycle   
       Timeline  

ChampionX Operating Cycle Regression Statistics

Arithmetic Mean170.37
Geometric Mean168.89
Coefficient Of Variation13.11
Mean Deviation14.19
Median171.62
Standard Deviation22.34
Sample Variance499.19
Range88.1871
R-Value(0.27)
Mean Square Error499.01
R-Squared0.07
Significance0.33
Slope(1.34)
Total Sum of Squares6,989

ChampionX Operating Cycle History

2024 184.88
2023 124.61
2022 125.76
2021 154.36
2020 212.8
2019 173.23
2018 175.0

About ChampionX Financial Statements

ChampionX investors use historical fundamental indicators, such as ChampionX's Operating Cycle, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in ChampionX. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Operating Cycle 124.61  184.88 

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Additional Tools for ChampionX Stock Analysis

When running ChampionX's price analysis, check to measure ChampionX's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ChampionX is operating at the current time. Most of ChampionX's value examination focuses on studying past and present price action to predict the probability of ChampionX's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ChampionX's price. Additionally, you may evaluate how the addition of ChampionX to your portfolios can decrease your overall portfolio volatility.