National Inventory from 2010 to 2024

NFG Stock  USD 63.99  0.24  0.37%   
National Fuel's Inventory is increasing over the last several years with slightly volatile swings. Inventory is estimated to finish at about 94.9 M this year. During the period from 2010 to 2024 National Fuel Gas Inventory regressed destribution of quarterly values had coefficient of variationof  32.15 and r-value of  0.48. View All Fundamentals
 
Inventory  
First Reported
1993-12-31
Previous Quarter
62.5 M
Current Value
82.7 M
Quarterly Volatility
25.6 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check National Fuel financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among National Fuel's main balance sheet or income statement drivers, such as Interest Expense of 145.6 M, Total Revenue of 1.7 B or Gross Profit of 2 B, as well as many indicators such as Price To Sales Ratio of 3.0, Dividend Yield of 0.0381 or PTB Ratio of 1.69. National financial statements analysis is a perfect complement when working with National Fuel Valuation or Volatility modules.
  
Check out the analysis of National Fuel Correlation against competitors.

Latest National Fuel's Inventory Growth Pattern

Below is the plot of the Inventory of National Fuel Gas over the last few years. It is National Fuel's Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in National Fuel's overall financial position and show how it may be relating to other accounts over time.
Inventory10 Years Trend
Slightly volatile
   Inventory   
       Timeline  

National Inventory Regression Statistics

Arithmetic Mean86,795,508
Geometric Mean83,650,540
Coefficient Of Variation32.15
Mean Deviation17,896,612
Median79,595,000
Standard Deviation27,904,567
Sample Variance778.7T
Range113.8M
R-Value0.48
Mean Square Error644T
R-Squared0.23
Significance0.07
Slope3,005,366
Total Sum of Squares10901.3T

National Inventory History

202494.9 M
202382.7 M
202281.5 M
2021172.3 M
2020120.4 M
201985.2 M
201879.6 M

Other Fundumenentals of National Fuel Gas

About National Fuel Financial Statements

National Fuel stakeholders use historical fundamental indicators, such as National Fuel's Inventory, to determine how well the company is positioned to perform in the future. Although National Fuel investors may analyze each financial statement separately, they are all interrelated. For example, changes in National Fuel's assets and liabilities are reflected in the revenues and expenses on National Fuel'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 National Fuel Gas. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory82.7 M94.9 M
Change To Inventory-9.7 M-9.2 M
Inventory Turnover 14.64  8.38 
Days Of Inventory On Hand 25.80  42.85 
Days Of Inventory Outstanding 25.80  42.85 

Currently Active Assets on Macroaxis

When determining whether National Fuel Gas is a strong investment it is important to analyze National Fuel's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact National Fuel's future performance. For an informed investment choice regarding National Stock, refer to the following important reports:
Check out the analysis of National Fuel Correlation against competitors.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Gas Utilities 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 National Fuel. If investors know National 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 National Fuel 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
0.176
Dividend Share
2.02
Earnings Share
0.84
Revenue Per Share
21.187
Quarterly Revenue Growth
0.008
The market value of National Fuel Gas is measured differently than its book value, which is the value of National that is recorded on the company's balance sheet. Investors also form their own opinion of National Fuel's value that differs from its market value or its book value, called intrinsic value, which is National Fuel's 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 National Fuel's market value can be influenced by many factors that don't directly affect National Fuel's 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 National Fuel's value and its price as these two are different measures arrived at by different means. Investors typically determine if National Fuel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National Fuel's 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.