Eversource Days Of Inventory On Hand from 2010 to 2024

ES Stock  USD 64.59  1.01  1.59%   
Eversource Energy Days Of Inventory On Hand yearly trend continues to be comparatively stable with very little volatility. Days Of Inventory On Hand is likely to outpace its year average in 2024. From the period from 2010 to 2024, Eversource Energy Days Of Inventory On Hand quarterly data regression had r-value of (0.59) and coefficient of variation of  56.08. View All Fundamentals
 
Days Of Inventory On Hand  
First Reported
2010-12-31
Previous Quarter
26.21298456
Current Value
35.28
Quarterly Volatility
17.40437194
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Eversource Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Eversource Energy's main balance sheet or income statement drivers, such as Interest Expense of 898.2 M, Total Revenue of 6.3 B or Gross Profit of 3.3 B, as well as many indicators such as Price To Sales Ratio of 1.01, Dividend Yield of 0.0413 or PTB Ratio of 1.1. Eversource financial statements analysis is a perfect complement when working with Eversource Energy Valuation or Volatility modules.
  
Check out the analysis of Eversource Energy Correlation against competitors.
For more information on how to buy Eversource Stock please use our How to Invest in Eversource Energy guide.

Latest Eversource Energy's Days Of Inventory On Hand Growth Pattern

Below is the plot of the Days Of Inventory On Hand of Eversource Energy over the last few years. It is Eversource Energy's Days Of Inventory On Hand historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Eversource Energy's overall financial position and show how it may be relating to other accounts over time.
Days Of Inventory On Hand10 Years Trend
Slightly volatile
   Days Of Inventory On Hand   
       Timeline  

Eversource Days Of Inventory On Hand Regression Statistics

Arithmetic Mean31.03
Geometric Mean28.13
Coefficient Of Variation56.08
Mean Deviation11.12
Median26.64
Standard Deviation17.40
Sample Variance302.91
Range64.2576
R-Value(0.59)
Mean Square Error213.01
R-Squared0.35
Significance0.02
Slope(2.29)
Total Sum of Squares4,241

Eversource Days Of Inventory On Hand History

2024 35.28
2023 26.21
2022 19.86
2021 19.1
2020 21.7
2019 19.52
2018 19.42

About Eversource Energy Financial Statements

Eversource Energy shareholders use historical fundamental indicators, such as Days Of Inventory On Hand, to determine how well the company is positioned to perform in the future. Although Eversource Energy investors may analyze each financial statement separately, they are all interrelated. The changes in Eversource Energy's assets and liabilities, for example, are also reflected in the revenues and expenses on on Eversource Energy's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Days Of Inventory On Hand 26.21  35.28 

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Additional Tools for Eversource Stock Analysis

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