Coterra Inventory Turnover from 2010 to 2024

CTRA Stock  USD 26.68  0.10  0.37%   
Coterra Energy's Inventory Turnover is increasing over the years with stable fluctuation. Overall, Inventory Turnover is expected to go to 56.56 this year. Inventory Turnover is a ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management. View All Fundamentals
 
Inventory Turnover  
First Reported
2010-12-31
Previous Quarter
53.86440678
Current Value
56.56
Quarterly Volatility
34.28182202
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Coterra Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Coterra Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.7 B, Interest Expense of 82.8 M or Total Revenue of 6 B, as well as many indicators such as Price To Sales Ratio of 3.22, Dividend Yield of 0.029 or PTB Ratio of 2.54. Coterra financial statements analysis is a perfect complement when working with Coterra Energy Valuation or Volatility modules.
  
Check out the analysis of Coterra Energy Correlation against competitors.
For information on how to trade Coterra Stock refer to our How to Trade Coterra Stock guide.

Latest Coterra Energy's Inventory Turnover Growth Pattern

Below is the plot of the Inventory Turnover of Coterra Energy over the last few years. It is a ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management. Coterra Energy's Inventory Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Coterra Energy's overall financial position and show how it may be relating to other accounts over time.
Inventory Turnover10 Years Trend
Pretty Stable
   Inventory Turnover   
       Timeline  

Coterra Inventory Turnover Regression Statistics

Arithmetic Mean64.26
Geometric Mean52.73
Coefficient Of Variation53.35
Mean Deviation24.52
Median60.19
Standard Deviation34.28
Sample Variance1,175
Range138
R-Value0.22
Mean Square Error1,204
R-Squared0.05
Significance0.43
Slope1.69
Total Sum of Squares16,453

Coterra Inventory Turnover History

2024 56.56
2023 53.86
2022 48.41
2021 38.77
2020 67.81
2019 75.89
2018 105.46

About Coterra Energy Financial Statements

Coterra Energy stakeholders use historical fundamental indicators, such as Coterra Energy's Inventory Turnover, to determine how well the company is positioned to perform in the future. Although Coterra Energy investors may analyze each financial statement separately, they are all interrelated. For example, changes in Coterra Energy's assets and liabilities are reflected in the revenues and expenses on Coterra Energy'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 Coterra Energy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory Turnover 53.86  56.56 

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When determining whether Coterra Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Coterra Energy'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 Coterra Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Coterra Energy Stock:
Check out the analysis of Coterra Energy Correlation against competitors.
For information on how to trade Coterra Stock refer to our How to Trade Coterra Stock guide.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
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 Coterra Energy. If investors know Coterra 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 Coterra Energy 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
(0.19)
Dividend Share
0.83
Earnings Share
1.65
Revenue Per Share
7.376
Quarterly Revenue Growth
(0.05)
The market value of Coterra Energy is measured differently than its book value, which is the value of Coterra that is recorded on the company's balance sheet. Investors also form their own opinion of Coterra Energy's value that differs from its market value or its book value, called intrinsic value, which is Coterra Energy'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 Coterra Energy's market value can be influenced by many factors that don't directly affect Coterra Energy'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 Coterra Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Coterra Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Coterra Energy'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.