Oil Days Of Inventory On Hand from 2010 to 2024

OIS Stock  USD 5.51  0.21  3.67%   
Oil States Days Of Inventory On Hand yearly trend continues to be comparatively stable with very little volatility. Days Of Inventory On Hand will likely drop to 69.47 in 2024. From the period from 2010 to 2024, Oil States Days Of Inventory On Hand quarterly data regression had r-value of  0.48 and coefficient of variation of  20.37. View All Fundamentals
 
Days Of Inventory On Hand  
First Reported
2010-12-31
Previous Quarter
111.19366041
Current Value
69.47
Quarterly Volatility
17.58870132
 
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Check Oil States financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Oil States' main balance sheet or income statement drivers, such as Interest Expense of 17.6 M, Total Revenue of 1.5 B or Gross Profit of 230.3 M, as well as many indicators such as Price To Sales Ratio of 0.78, Dividend Yield of 0.0039 or PTB Ratio of 0.57. Oil financial statements analysis is a perfect complement when working with Oil States Valuation or Volatility modules.
  
Check out the analysis of Oil States Correlation against competitors.

Latest Oil States' Days Of Inventory On Hand Growth Pattern

Below is the plot of the Days Of Inventory On Hand of Oil States International over the last few years. It is Oil States' Days Of Inventory On Hand historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Oil States' overall financial position and show how it may be relating to other accounts over time.
Days Of Inventory On Hand10 Years Trend
Slightly volatile
   Days Of Inventory On Hand   
       Timeline  

Oil Days Of Inventory On Hand Regression Statistics

Arithmetic Mean86.34
Geometric Mean84.51
Coefficient Of Variation20.37
Mean Deviation14.07
Median87.25
Standard Deviation17.59
Sample Variance309.36
Range61.4683
R-Value0.48
Mean Square Error255.87
R-Squared0.23
Significance0.07
Slope1.89
Total Sum of Squares4,331

Oil Days Of Inventory On Hand History

2024 69.47
2023 111.19
2022 103.22
2021 111.64
2020 94.17
2019 87.25
2018 79.78

About Oil States Financial Statements

Oil States shareholders use historical fundamental indicators, such as Days Of Inventory On Hand, to determine how well the company is positioned to perform in the future. Although Oil States investors may analyze each financial statement separately, they are all interrelated. The changes in Oil States' assets and liabilities, for example, are also reflected in the revenues and expenses on on Oil States' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Days Of Inventory On Hand 111.19  69.47 

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Additional Tools for Oil Stock Analysis

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