Northrop Inventory from 2010 to 2024

NOC Stock  USD 485.27  11.60  2.33%   
Northrop Grumman's Inventory is increasing over the years with slightly volatile fluctuation. Inventory is expected to dwindle to about 969.9 M. During the period from 2010 to 2024 Northrop Grumman Inventory annual values regression line had geometric mean of  781,862,716 and mean square error of 15460.8 T. View All Fundamentals
 
Inventory  
First Reported
1985-12-31
Previous Quarter
1.5 B
Current Value
1.6 B
Quarterly Volatility
262.2 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Northrop Grumman financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Northrop Grumman's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.4 B, Interest Expense of 572.2 M or Total Revenue of 21.7 B, as well as many indicators such as Price To Sales Ratio of 1.9, Dividend Yield of 0.0303 or PTB Ratio of 5.03. Northrop financial statements analysis is a perfect complement when working with Northrop Grumman Valuation or Volatility modules.
  
Check out the analysis of Northrop Grumman Correlation against competitors.
For information on how to trade Northrop Stock refer to our How to Trade Northrop Stock guide.

Latest Northrop Grumman's Inventory Growth Pattern

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

Northrop Inventory Regression Statistics

Arithmetic Mean798,920,632
Geometric Mean781,862,716
Coefficient Of Variation19.92
Mean Deviation102,862,008
Median798,000,000
Standard Deviation159,137,086
Sample Variance25324.6T
Range703.1M
R-Value0.66
Mean Square Error15460.8T
R-Squared0.43
Significance0.01
Slope23,418,094
Total Sum of Squares354544.6T

Northrop Inventory History

2024969.9 M
20231.1 B
2022978 M
2021811 M
2020759 M
2019783 M
2018654 M

Other Fundumenentals of Northrop Grumman

About Northrop Grumman Financial Statements

Northrop Grumman stakeholders use historical fundamental indicators, such as Northrop Grumman's Inventory, to determine how well the company is positioned to perform in the future. Although Northrop Grumman investors may analyze each financial statement separately, they are all interrelated. For example, changes in Northrop Grumman's assets and liabilities are reflected in the revenues and expenses on Northrop Grumman'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 Northrop Grumman. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory1.1 B969.9 M
Change To Inventory-220 M-209 M
Inventory Turnover 29.52  31.00 
Days Of Inventory On Hand 12.36  11.75 
Days Of Inventory Outstanding 12.36  11.75 

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.
When determining whether Northrop Grumman offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Northrop Grumman'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 Northrop Grumman Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Northrop Grumman Stock:
Check out the analysis of Northrop Grumman Correlation against competitors.
For information on how to trade Northrop Stock refer to our How to Trade Northrop Stock guide.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Aerospace & Defense 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 Northrop Grumman. If investors know Northrop 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 Northrop Grumman 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
0.133
Dividend Share
7.86
Earnings Share
16.2
Revenue Per Share
276.412
Quarterly Revenue Growth
0.023
The market value of Northrop Grumman is measured differently than its book value, which is the value of Northrop that is recorded on the company's balance sheet. Investors also form their own opinion of Northrop Grumman's value that differs from its market value or its book value, called intrinsic value, which is Northrop Grumman'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 Northrop Grumman's market value can be influenced by many factors that don't directly affect Northrop Grumman'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 Northrop Grumman's value and its price as these two are different measures arrived at by different means. Investors typically determine if Northrop Grumman is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northrop Grumman'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.