Hess Days Of Inventory On Hand from 2010 to 2024

HES Stock  USD 148.65  0.67  0.45%   
Hess 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, Hess Days Of Inventory On Hand quarterly data regression had r-value of (0.01) and coefficient of variation of  60.13. View All Fundamentals
 
Days Of Inventory On Hand  
First Reported
2010-12-31
Previous Quarter
40.61493411
Current Value
46.07
Quarterly Volatility
18.13885348
 
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Covid
Check Hess financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hess' main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.7 B, Interest Expense of 501.9 M or Total Revenue of 14.8 B, as well as many indicators such as Price To Sales Ratio of 4.33, Dividend Yield of 0.0109 or PTB Ratio of 5.15. Hess financial statements analysis is a perfect complement when working with Hess Valuation or Volatility modules.
  
Check out the analysis of Hess Correlation against competitors.

Latest Hess' Days Of Inventory On Hand Growth Pattern

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

Hess Days Of Inventory On Hand Regression Statistics

Arithmetic Mean30.17
Geometric Mean26.75
Coefficient Of Variation60.13
Mean Deviation12.32
Median26.52
Standard Deviation18.14
Sample Variance329.02
Range71.1432
R-Value(0.01)
Mean Square Error354.31
R-Squared0.000058
Significance0.98
Slope(0.03)
Total Sum of Squares4,606

Hess Days Of Inventory On Hand History

2024 46.07
2023 40.61
2022 23.23
2021 27.79
2020 40.39
2019 26.89
2018 28.05

About Hess Financial Statements

Hess 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 Hess investors may analyze each financial statement separately, they are all interrelated. The changes in Hess' assets and liabilities, for example, are also reflected in the revenues and expenses on on Hess' 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 40.61  46.07 

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Additional Tools for Hess Stock Analysis

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