FedEx Other Current Assets from 2010 to 2026

FDX Stock  EUR 310.70  4.60  1.46%   
FedEx's Other Current Assets are increasing over the last several years with stable swings. Other Current Assets are predicted to flatten to about 156.8 M. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
2017-02-28
Previous Quarter
1.1 B
Current Value
1.3 B
Quarterly Volatility
401.9 M
 
Covid
 
Interest Hikes
Check FedEx financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among FedEx's main balance sheet or income statement drivers, such as Interest Expense of 0.0, Selling General Administrative of 1.1 B or Total Revenue of 7.1 B, as well as many indicators such as . FedEx financial statements analysis is a perfect complement when working with FedEx Valuation or Volatility modules.
  
This module can also supplement various FedEx Technical models . Check out the analysis of FedEx Correlation against competitors.
For more detail on how to invest in FedEx Stock please use our How to Invest in FedEx guide.
The Other Current Assets trend for FedEx offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether FedEx is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest FedEx's Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of FedEx over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. FedEx's Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in FedEx's overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Pretty Stable
   Other Current Assets   
       Timeline  

FedEx Other Current Assets Regression Statistics

Arithmetic Mean577,044,118
Geometric Mean472,567,130
Coefficient Of Variation56.15
Mean Deviation281,728,374
Median522,000,000
Standard Deviation324,030,190
Sample Variance104995.6T
Range848.2M
R-Value0.23
Mean Square Error106036.2T
R-Squared0.05
Significance0.37
Slope14,801,471
Total Sum of Squares1679929T

FedEx Other Current Assets History

2026156.8 M
2024914 M
2023B
2022962 M
2021968 M
2020929 M

About FedEx Financial Statements

FedEx stakeholders use historical fundamental indicators, such as FedEx's Other Current Assets, to determine how well the company is positioned to perform in the future. Although FedEx investors may analyze each financial statement separately, they are all interrelated. For example, changes in FedEx's assets and liabilities are reflected in the revenues and expenses on FedEx'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 FedEx. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Current Assets165 M156.8 M

Currently Active Assets on Macroaxis

When determining whether FedEx offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of FedEx'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 Fedex Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Fedex Stock:
Check out the analysis of FedEx Correlation against competitors.
For more detail on how to invest in FedEx Stock please use our How to Invest in FedEx guide.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Please note, there is a significant difference between FedEx's value and its price as these two are different measures arrived at by different means. Investors typically determine if FedEx is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. In contrast, FedEx's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.