Teekay Days Of Inventory On Hand from 2010 to 2024

TK Stock  USD 7.93  0.03  0.38%   
Teekay Days Of Inventory On Hand yearly trend continues to be quite stable with very little volatility. Days Of Inventory On Hand may rise above 23.06 this year. From the period between 2010 and 2024, Teekay, Days Of Inventory On Hand regression line of its data series had sample variance of  4,146 and sample variance of  4,146. View All Fundamentals
 
Days Of Inventory On Hand  
First Reported
2010-12-31
Previous Quarter
21.9653856
Current Value
23.06
Quarterly Volatility
64.39083898
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Teekay financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Teekay's main balance sheet or income statement drivers, such as Depreciation And Amortization of 92.7 M, Interest Expense of 26.6 M or Total Revenue of 1.7 B, as well as many indicators such as Price To Sales Ratio of 0.45, Dividend Yield of 0.22 or PTB Ratio of 1.33. Teekay financial statements analysis is a perfect complement when working with Teekay Valuation or Volatility modules.
  
Check out the analysis of Teekay Correlation against competitors.
For more information on how to buy Teekay Stock please use our How to buy in Teekay Stock guide.

Latest Teekay's Days Of Inventory On Hand Growth Pattern

Below is the plot of the Days Of Inventory On Hand of Teekay over the last few years. It is Teekay's Days Of Inventory On Hand historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Teekay'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  

Teekay Days Of Inventory On Hand Regression Statistics

Arithmetic Mean(41.05)
Coefficient Of Variation(156.87)
Mean Deviation56.05
Median(57.18)
Standard Deviation64.39
Sample Variance4,146
Range191
R-Value0.24
Mean Square Error4,209
R-Squared0.06
Significance0.39
Slope3.45
Total Sum of Squares58,047

Teekay Days Of Inventory On Hand History

2024 23.06
2023 21.97
2022 24.75
2021 -58.04
2020 21.31
2019 -131.43
2018 -79.55

About Teekay Financial Statements

Teekay investors utilize fundamental indicators, such as Days Of Inventory On Hand, to predict how Teekay 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 ReportedProjected for Next Year
Days Of Inventory On Hand 21.97  23.06 

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
Check out the analysis of Teekay Correlation against competitors.
For more information on how to buy Teekay Stock please use our How to buy in Teekay Stock guide.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Teekay. If investors know Teekay will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Teekay listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.23)
Earnings Share
1.51
Revenue Per Share
14.064
Quarterly Revenue Growth
(0.12)
Return On Assets
0.1121
The market value of Teekay is measured differently than its book value, which is the value of Teekay that is recorded on the company's balance sheet. Investors also form their own opinion of Teekay's value that differs from its market value or its book value, called intrinsic value, which is Teekay's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Teekay's market value can be influenced by many factors that don't directly affect Teekay's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Teekay's value and its price as these two are different measures arrived at by different means. Investors typically determine if Teekay is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Teekay's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.