NOV Days Of Inventory On Hand from 2010 to 2024

NOV Stock  USD 15.99  0.01  0.06%   
NOV Days Of Inventory On Hand yearly trend continues to be fairly stable with very little volatility. Days Of Inventory On Hand will likely drop to 104.28 in 2024. During the period from 2010 to 2024, NOV Days Of Inventory On Hand regression line of quarterly data had mean square error of  822.43 and geometric mean of  122.32. View All Fundamentals
 
Days Of Inventory On Hand  
First Reported
2010-12-31
Previous Quarter
116.31333333
Current Value
104.28
Quarterly Volatility
28.39829065
 
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 Days Of Inventory On Hand Growth Pattern

Below is the plot of the Days Of Inventory On Hand of NOV Inc over the last few years. It is NOV's Days Of Inventory On Hand 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.
Days Of Inventory On Hand10 Years Trend
Pretty Stable
   Days Of Inventory On Hand   
       Timeline  

NOV Days Of Inventory On Hand Regression Statistics

Arithmetic Mean125.40
Geometric Mean122.32
Coefficient Of Variation22.65
Mean Deviation24.01
Median118.18
Standard Deviation28.40
Sample Variance806.46
Range94.8203
R-Value(0.23)
Mean Square Error822.43
R-Squared0.05
Significance0.41
Slope(1.46)
Total Sum of Squares11,290

NOV Days Of Inventory On Hand History

2024 104.28
2023 116.31
2022 112.1
2021 102.28
2020 90.86
2019 105.04
2018 155.5

About NOV Financial Statements

NOV investors use historical fundamental indicators, such as NOV's Days Of Inventory On Hand, 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
Days Of Inventory On Hand 116.31  104.28 

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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.