CorVel Inventory from 2010 to 2024

CRVL Stock  USD 366.02  4.42  1.19%   
CorVel Corp Inventory yearly trend continues to be quite stable with very little volatility. Inventory may rise above about -78.1 B this year. From the period between 2010 and 2024, CorVel Corp, Inventory regression line of its data series had standard deviation of  39,911,874,250 and standard deviation of  39,911,874,250. View All Fundamentals
 
Inventory  
First Reported
2002-06-30
Previous Quarter
1
Current Value
13.5 M
Quarterly Volatility
13.3 B
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check CorVel Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CorVel Corp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 13.6 M, Interest Expense of 30.3 M or Selling General Administrative of 39.9 M, as well as many indicators such as Price To Sales Ratio of 5.8, Dividend Yield of 0.0502 or PTB Ratio of 18.64. CorVel financial statements analysis is a perfect complement when working with CorVel Corp Valuation or Volatility modules.
  
Check out the analysis of CorVel Corp Correlation against competitors.
For more information on how to buy CorVel Stock please use our How to buy in CorVel Stock guide.

Latest CorVel Corp's Inventory Growth Pattern

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

CorVel Inventory Regression Statistics

Arithmetic Mean(26,857,408,914)
Geometric Mean62,333,613
Coefficient Of Variation(148.61)
Mean Deviation35,807,335,486
Median(7,176,000)
Standard Deviation39,911,874,250
Sample Variance1592957706.2T
Range91.3B
R-Value(0.79)
Mean Square Error636871010.8T
R-Squared0.63
Significance0.0004
Slope(7,076,642,855)
Total Sum of Squares22301407886.6T

CorVel Inventory History

2024-78.1 B
2023-82.2 B
2021-91.3 B
2020 2.0
2019-60 B
2018-7.2 M
2017-7.1 M

Other Fundumenentals of CorVel Corp

CorVel Corp Inventory component correlations

About CorVel Corp Financial Statements

CorVel Corp investors utilize fundamental indicators, such as Inventory, to predict how CorVel Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Inventory-82.2 B-78.1 B
Change To Inventory5.1 M6.6 M
Inventory Turnover 18.80  23.82 
Average Inventory 1.35  1.42 

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether CorVel Corp is a strong investment it is important to analyze CorVel Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CorVel Corp's future performance. For an informed investment choice regarding CorVel Stock, refer to the following important reports:
Check out the analysis of CorVel Corp Correlation against competitors.
For more information on how to buy CorVel Stock please use our How to buy in CorVel Stock guide.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Health Care Providers & 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 CorVel Corp. If investors know CorVel 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 CorVel 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
0.174
Earnings Share
4.65
Revenue Per Share
49.398
Quarterly Revenue Growth
0.148
Return On Assets
0.1334
The market value of CorVel Corp is measured differently than its book value, which is the value of CorVel that is recorded on the company's balance sheet. Investors also form their own opinion of CorVel Corp's value that differs from its market value or its book value, called intrinsic value, which is CorVel 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 CorVel Corp's market value can be influenced by many factors that don't directly affect CorVel 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 CorVel Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if CorVel Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CorVel 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.