NOV Change To Account Receivables from 2010 to 2024

NOV Stock  USD 16.61  0.21  1.28%   
NOV Change To Account Receivables yearly trend continues to be fairly stable with very little volatility. Change To Account Receivables is likely to outpace its year average in 2024. During the period from 2010 to 2024, NOV Change To Account Receivables regression line of quarterly data had r-squared of  0 and coefficient of variation of (4,273). View All Fundamentals
 
Change To Account Receivables  
First Reported
2002-03-31
Previous Quarter
35 M
Current Value
38 M
Quarterly Volatility
238.1 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check NOV financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NOV's main balance sheet or income statement drivers, such as Depreciation And Amortization of 369.1 M, Interest Expense of 46.8 M or Total Revenue of 8.8 B, as well as many indicators such as Price To Sales Ratio of 1.49, Dividend Yield of 0.015 or PTB Ratio of 2.1. NOV financial statements analysis is a perfect complement when working with NOV Valuation or Volatility modules.
  
Check out the analysis of NOV Correlation against competitors.

Latest NOV's Change To Account Receivables Growth Pattern

Below is the plot of the Change To Account Receivables of NOV Inc over the last few years. It is NOV's Change To Account Receivables historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in NOV's overall financial position and show how it may be relating to other accounts over time.
Change To Account Receivables10 Years Trend
Very volatile
   Change To Account Receivables   
       Timeline  

NOV Change To Account Receivables Regression Statistics

Arithmetic Mean(12,189,800)
Coefficient Of Variation(4,273)
Mean Deviation398,545,573
Median(72,000,000)
Standard Deviation520,877,654
Sample Variance271313.5T
Range1.8B
R-Value0.05
Mean Square Error291380.7T
R-Squared0
Significance0.85
Slope6,106,175
Total Sum of Squares3798389.4T

NOV Change To Account Receivables History

2024-307.8 M
2023-324 M
2022-440 M
2021-52 M
2020574 M
2019275 M
2018-72 M

About NOV Financial Statements

NOV investors use historical fundamental indicators, such as NOV's Change To Account Receivables, 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 NOV. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Change To Account Receivables-324 M-307.8 M

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Additional Tools for NOV Stock Analysis

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