Flotek Days Of Inventory Outstanding from 2010 to 2024

FTK Stock  USD 8.11  0.06  0.73%   
Flotek Industries Days Of Inventory Outstanding yearly trend continues to be quite stable with very little volatility. The value of Days Of Inventory Outstanding is projected to decrease to 27.18. From the period between 2010 and 2024, Flotek Industries, Days Of Inventory Outstanding regression line of its data series had standard deviation of  420.10 and standard deviation of  420.10. View All Fundamentals
 
Days Of Inventory Outstanding  
First Reported
2010-12-31
Previous Quarter
28.60813822
Current Value
27.18
Quarterly Volatility
420.09533797
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Flotek Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Flotek Industries' main balance sheet or income statement drivers, such as Depreciation And Amortization of 7.4 M, Interest Expense of 4.2 M or Selling General Administrative of 36.5 M, as well as many indicators such as Price To Sales Ratio of 0.49, Dividend Yield of 0.0 or PTB Ratio of 1.0. Flotek financial statements analysis is a perfect complement when working with Flotek Industries Valuation or Volatility modules.
  
Check out the analysis of Flotek Industries Correlation against competitors.
For more information on how to buy Flotek Stock please use our How to buy in Flotek Stock guide.

Latest Flotek Industries' Days Of Inventory Outstanding Growth Pattern

Below is the plot of the Days Of Inventory Outstanding of Flotek Industries over the last few years. It is Flotek Industries' Days Of Inventory Outstanding historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Flotek Industries' overall financial position and show how it may be relating to other accounts over time.
Days Of Inventory Outstanding10 Years Trend
Pretty Stable
   Days Of Inventory Outstanding   
       Timeline  

Flotek Days Of Inventory Outstanding Regression Statistics

Arithmetic Mean295.43
Geometric Mean138.37
Coefficient Of Variation142.20
Mean Deviation319.51
Median117.86
Standard Deviation420.10
Sample Variance176,480
Range1.2K
R-Value0.16
Mean Square Error185,094
R-Squared0.03
Significance0.57
Slope15.18
Total Sum of Squares2.5M

Flotek Days Of Inventory Outstanding History

2024 27.18
2023 28.61
2022 40.18
2021 86.24
2020 1266.27
2019 935.55
2018 1080.78

About Flotek Industries Financial Statements

Flotek Industries investors utilize fundamental indicators, such as Days Of Inventory Outstanding, to predict how Flotek Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Days Of Inventory Outstanding 28.61  27.18 

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When determining whether Flotek Industries is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Flotek Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Flotek Industries Stock. Highlighted below are key reports to facilitate an investment decision about Flotek Industries Stock:
Check out the analysis of Flotek Industries Correlation against competitors.
For more information on how to buy Flotek Stock please use our How to buy in Flotek Stock guide.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Specialty Chemicals 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 Flotek Industries. If investors know Flotek 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 Flotek Industries 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
1
Earnings Share
0.24
Revenue Per Share
6.052
Quarterly Revenue Growth
0.052
Return On Assets
0.0255
The market value of Flotek Industries is measured differently than its book value, which is the value of Flotek that is recorded on the company's balance sheet. Investors also form their own opinion of Flotek Industries' value that differs from its market value or its book value, called intrinsic value, which is Flotek Industries' 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 Flotek Industries' market value can be influenced by many factors that don't directly affect Flotek Industries' 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 Flotek Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Flotek Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Flotek Industries' 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.