Chevron Inventory Turnover from 2010 to 2024

CVX Stock  USD 162.36  0.73  0.45%   
Chevron Corp Inventory Turnover yearly trend continues to be fairly stable with very little volatility. Inventory Turnover is likely to outpace its year average in 2024. 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
15.85253135
Current Value
16.7
Quarterly Volatility
5.01165487
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Chevron Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Chevron Corp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 11.5 B, Interest Expense of 252.9 M or Selling General Administrative of 6.2 B, as well as many indicators such as Price To Sales Ratio of 0.85, Dividend Yield of 0.0295 or PTB Ratio of 2.06. Chevron financial statements analysis is a perfect complement when working with Chevron Corp Valuation or Volatility modules.
  
Check out the analysis of Chevron Corp Correlation against competitors.
For more information on how to buy Chevron Stock please use our How to Invest in Chevron Corp guide.

Latest Chevron Corp's Inventory Turnover Growth Pattern

Below is the plot of the Inventory Turnover of Chevron Corp 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. Chevron Corp's Inventory Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Chevron Corp's overall financial position and show how it may be relating to other accounts over time.
Inventory Turnover10 Years Trend
Slightly volatile
   Inventory Turnover   
       Timeline  

Chevron Inventory Turnover Regression Statistics

Arithmetic Mean18.29
Geometric Mean17.66
Coefficient Of Variation27.40
Mean Deviation3.87
Median17.03
Standard Deviation5.01
Sample Variance25.12
Range19.3782
R-Value(0.32)
Mean Square Error24.24
R-Squared0.10
Significance0.24
Slope(0.36)
Total Sum of Squares351.63

Chevron Inventory Turnover History

2024 16.7
2023 15.85
2022 19.61
2021 16.21
2020 12.62
2019 18.7
2018 19.99

About Chevron Corp Financial Statements

Chevron Corp investors use historical fundamental indicators, such as Chevron Corp's Inventory Turnover, 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 Chevron Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory Turnover 15.85  16.70 

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Additional Tools for Chevron Stock Analysis

When running Chevron Corp's price analysis, check to measure Chevron Corp'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 Chevron Corp is operating at the current time. Most of Chevron Corp's value examination focuses on studying past and present price action to predict the probability of Chevron Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chevron Corp's price. Additionally, you may evaluate how the addition of Chevron Corp to your portfolios can decrease your overall portfolio volatility.