QXO Average Inventory from 2010 to 2026
| QXO Stock | 26.27 3.06 13.18% |
Average Inventory | First Reported 2010-12-31 | Previous Quarter 6.7 K | Current Value 6.3 K | Quarterly Volatility 4.1 K |
Check QXO financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among QXO's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.4 M, Interest Expense of 51.3 K or Total Revenue of 68.7 M, as well as many indicators such as Price To Sales Ratio of 125, Dividend Yield of 0.0072 or PTB Ratio of 1.1. QXO financial statements analysis is a perfect complement when working with QXO Valuation or Volatility modules.
QXO | Average Inventory | Build AI portfolio with QXO Stock |
Evaluating QXO's Average Inventory across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into QXO Inc's fundamental strength.
Latest QXO's Average Inventory Growth Pattern
Below is the plot of the Average Inventory of QXO Inc over the last few years. It is the average amount of inventory a company holds over a certain period, which is used to calculate inventory turnover and efficiency in managing stock levels. QXO's Average Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in QXO's overall financial position and show how it may be relating to other accounts over time.
| Average Inventory | 10 Years Trend |
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Average Inventory |
| Timeline |
QXO Average Inventory Regression Statistics
| Arithmetic Mean | 6,891 | |
| Geometric Mean | 6,380 | |
| Coefficient Of Variation | 59.62 | |
| Mean Deviation | 1,873 | |
| Median | 5,808 | |
| Standard Deviation | 4,109 | |
| Sample Variance | 16.9M | |
| Range | 17K | |
| R-Value | (0.38) | |
| Mean Square Error | 15.4M | |
| R-Squared | 0.14 | |
| Significance | 0.13 | |
| Slope | (307.85) | |
| Total Sum of Squares | 270.1M |
QXO Average Inventory History
About QXO Financial Statements
QXO investors utilize fundamental indicators, such as Average Inventory, to predict how QXO Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Average Inventory | 6.7 K | 6.3 K |
Pair Trading with QXO
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if QXO position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in QXO will appreciate offsetting losses from the drop in the long position's value.Moving together with QXO Stock
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| 0.87 | DSGR | Distribution Solutions | PairCorr |
| 0.74 | WLFC | Willis Lease Finance | PairCorr |
| 0.78 | FTAI | FTAI Aviation | PairCorr |
| 0.64 | URI | United Rentals | PairCorr |
Moving against QXO Stock
| 0.65 | EFN | Element Fleet Management | PairCorr |
| 0.49 | AA4 | Amedeo Air Four | PairCorr |
| 0.41 | BKRKF | PT Bank Rakyat Earnings Call Today | PairCorr |
The ability to find closely correlated positions to QXO could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace QXO when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back QXO - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling QXO Inc to buy it.
The correlation of QXO is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as QXO moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if QXO Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for QXO can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of QXO Correlation against competitors. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Will Trading Companies & Distributors sector continue expanding? Could QXO diversify its offerings? Factors like these will boost the valuation of QXO. Anticipated expansion of QXO directly elevates investor willingness to pay premium valuations. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every QXO data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Earnings Share (0.47) | Revenue Per Share | Quarterly Revenue Growth 207.267 | Return On Assets | Return On Equity |
The market value of QXO Inc is measured differently than its book value, which is the value of QXO that is recorded on the company's balance sheet. Investors also form their own opinion of QXO's value that differs from its market value or its book value, called intrinsic value, which is QXO's true underlying value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Because QXO's market value can be influenced by many factors that don't directly affect QXO's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
It's important to distinguish between QXO's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding QXO should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, QXO's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.