Rackspace Change To Inventory from 2010 to 2024

RXT Stock  USD 2.68  0.04  1.52%   
Rackspace Technology Change To Inventory yearly trend continues to be comparatively stable with very little volatility. Change To Inventory will likely drop to about -49 M in 2024. Change To Inventory is the increase or decrease in the amount of inventory Rackspace Technology has over a certain period. View All Fundamentals
 
Change To Inventory  
First Reported
2010-12-31
Previous Quarter
-46.7 M
Current Value
-49 M
Quarterly Volatility
29.1 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Rackspace Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Rackspace Technology's main balance sheet or income statement drivers, such as Depreciation And Amortization of 439.8 M, Interest Expense of 198.6 M or Selling General Administrative of 686.5 M, as well as many indicators such as Price To Sales Ratio of 0.14, Dividend Yield of 0.0 or Days Sales Outstanding of 45.43. Rackspace financial statements analysis is a perfect complement when working with Rackspace Technology Valuation or Volatility modules.
  
Check out the analysis of Rackspace Technology Correlation against competitors.
For more information on how to buy Rackspace Stock please use our How to Invest in Rackspace Technology guide.

Latest Rackspace Technology's Change To Inventory Growth Pattern

Below is the plot of the Change To Inventory of Rackspace Technology over the last few years. It is the increase or decrease in the amount of inventory a company has over a certain period. Rackspace Technology's Change To Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Rackspace Technology's overall financial position and show how it may be relating to other accounts over time.
Change To Inventory10 Years Trend
Slightly volatile
   Change To Inventory   
       Timeline  

Rackspace Change To Inventory Regression Statistics

Arithmetic Mean(29,757,033)
Coefficient Of Variation(97.89)
Mean Deviation22,236,044
Median(13,800,000)
Standard Deviation29,130,114
Sample Variance848.6T
Range105.8M
R-Value(0.59)
Mean Square Error591.7T
R-Squared0.35
Significance0.02
Slope(3,867,423)
Total Sum of Squares11879.9T

Rackspace Change To Inventory History

2024-49 M
2023-46.7 M
2021-51.9 M
2020-116 M
2018-10.2 M

About Rackspace Technology Financial Statements

Rackspace Technology shareholders use historical fundamental indicators, such as Change To Inventory, to determine how well the company is positioned to perform in the future. Although Rackspace Technology investors may analyze each financial statement separately, they are all interrelated. The changes in Rackspace Technology's assets and liabilities, for example, are also reflected in the revenues and expenses on on Rackspace Technology's 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
Change To Inventory-46.7 M-49 M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Rackspace Stock Analysis

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