Matrix Change To Inventory from 2010 to 2024

MTRX Stock  USD 13.32  0.08  0.60%   
Matrix Service Change To Inventory yearly trend continues to be fairly stable with very little volatility. Change To Inventory is likely to outpace its year average in 2024. Change To Inventory is the increase or decrease in the amount of inventory Matrix Service Co has over a certain period. View All Fundamentals
 
Change To Inventory  
First Reported
1990-06-30
Previous Quarter
218 K
Current Value
1.3 M
Quarterly Volatility
657.4 K
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Matrix Service financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Matrix Service's main balance sheet or income statement drivers, such as Depreciation And Amortization of 11.3 M, Interest Expense of 1.4 M or Total Revenue of 649.8 M, as well as many indicators such as Price To Sales Ratio of 0.46, Dividend Yield of 0.0 or PTB Ratio of 1.85. Matrix financial statements analysis is a perfect complement when working with Matrix Service Valuation or Volatility modules.
  
Check out the analysis of Matrix Service Correlation against competitors.

Latest Matrix Service's Change To Inventory Growth Pattern

Below is the plot of the Change To Inventory of Matrix Service Co over the last few years. It is the increase or decrease in the amount of inventory a company has over a certain period. Matrix Service's Change To Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Matrix Service's overall financial position and show how it may be relating to other accounts over time.
Change To Inventory10 Years Trend
Pretty Stable
   Change To Inventory   
       Timeline  

Matrix Change To Inventory Regression Statistics

Arithmetic Mean(475,593)
Geometric Mean621,718
Coefficient Of Variation(305.19)
Mean Deviation1,146,633
Median(233,000)
Standard Deviation1,451,478
Sample Variance2.1T
Range5.4M
R-Value(0.12)
Mean Square Error2.2T
R-Squared0.02
Significance0.66
Slope(40,183)
Total Sum of Squares29.5T

Matrix Change To Inventory History

2024-1.3 M
2023-1.4 M
20222.5 M
2021-2.6 M
2020-882 K
20191.6 M
2018-2.9 M

About Matrix Service Financial Statements

Matrix Service investors use historical fundamental indicators, such as Matrix Service's Change To Inventory, 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 Matrix Service. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Change To Inventory-1.4 M-1.3 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Matrix Stock Analysis

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