Cenovus Inventory from 2010 to 2026

CVE Stock  USD 21.22  0.21  1.00%   
Cenovus Energy's Inventory is increasing over the years with slightly volatile fluctuation. Overall, Inventory is expected to go to about 5.4 B this year. During the period from 2010 to 2026 Cenovus Energy Inventory annual values regression line had geometric mean of  1,839,820,776 and mean square error of 799887.5 T. View All Fundamentals
 
Inventory  
First Reported
2007-12-31
Previous Quarter
3.9 B
Current Value
3.1 B
Quarterly Volatility
1.4 B
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Check Cenovus Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cenovus Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 5.9 B, Interest Expense of 560.1 M or Selling General Administrative of 469.6 M, as well as many indicators such as Price To Sales Ratio of 1.2, Dividend Yield of 0.0244 or PTB Ratio of 1.78. Cenovus financial statements analysis is a perfect complement when working with Cenovus Energy Valuation or Volatility modules.
  
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Check out the analysis of Cenovus Energy Correlation against competitors.
For information on how to trade Cenovus Stock refer to our How to Trade Cenovus Stock guide.
Analyzing Cenovus Energy's Inventory over time reveals critical patterns in financial health and operational efficiency. This metric helps investors evaluate trends, identify inflection points, and make informed decisions based on historical performance. Understanding how Inventory has evolved provides context for assessing Cenovus Energy's current valuation and future prospects.

Latest Cenovus Energy's Inventory Growth Pattern

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

Cenovus Inventory Regression Statistics

Arithmetic Mean2,358,851,235
Geometric Mean1,839,820,776
Coefficient Of Variation73.03
Mean Deviation1,553,319,128
Median1,291,000,000
Standard Deviation1,722,648,738
Sample Variance2967518.7T
Range4.8B
R-Value0.86
Mean Square Error799887.5T
R-Squared0.75
Slope294,899,392
Total Sum of Squares47480298.8T

Cenovus Inventory History

20265.4 B
20255.2 B
20244.5 B
2023B
20224.3 B
20213.9 B
20201.1 B

Other Fundumenentals of Cenovus Energy

About Cenovus Energy Financial Statements

Cenovus Energy stakeholders use historical fundamental indicators, such as Cenovus Energy's Inventory, to determine how well the company is positioned to perform in the future. Although Cenovus Energy investors may analyze each financial statement separately, they are all interrelated. For example, changes in Cenovus Energy's assets and liabilities are reflected in the revenues and expenses on Cenovus 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 Cenovus Energy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory5.2 B5.4 B
Inventory Turnover 12.44  14.54 
Days Of Inventory On Hand 30.36  23.45 
Days Of Inventory Outstanding 30.36  23.45 

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When determining whether Cenovus Energy is a strong investment it is important to analyze Cenovus Energy'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 Cenovus Energy's future performance. For an informed investment choice regarding Cenovus Stock, refer to the following important reports:
Check out the analysis of Cenovus Energy Correlation against competitors.
For information on how to trade Cenovus Stock refer to our How to Trade Cenovus Stock guide.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Will Oil, Gas & Consumable Fuels sector continue expanding? Could Cenovus diversify its offerings? Factors like these will boost the valuation of Cenovus Energy. Projected growth potential of Cenovus fundamentally drives upward valuation adjustments. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Cenovus Energy data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth
0.715
Dividend Share
0.76
Earnings Share
1.27
Revenue Per Share
28.498
Quarterly Revenue Growth
(0.04)
Understanding Cenovus Energy requires distinguishing between market price and book value, where the latter reflects Cenovus's accounting equity. The concept of intrinsic value - what Cenovus Energy's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push Cenovus Energy's price substantially above or below its fundamental value.
It's important to distinguish between Cenovus Energy's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Cenovus Energy should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, Cenovus Energy's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.