Tetra Days Of Inventory On Hand from 2010 to 2024

TTI Stock  USD 3.96  0.08  1.98%   
Tetra Technologies' Days Of Inventory On Hand is increasing with slightly volatile movements from year to year. Days Of Inventory On Hand is estimated to finish at 77.57 this year. For the period between 2010 and 2024, Tetra Technologies, Days Of Inventory On Hand quarterly trend regression had mean deviation of  10.45 and range of 44.8181. View All Fundamentals
 
Days Of Inventory On Hand  
First Reported
2010-12-31
Previous Quarter
72.70777104
Current Value
77.57
Quarterly Volatility
13.16117781
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Tetra Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tetra Technologies' main balance sheet or income statement drivers, such as Depreciation And Amortization of 64.8 M, Interest Expense of 18.1 M or Total Revenue of 571.7 M, as well as many indicators such as Price To Sales Ratio of 1.29, Dividend Yield of 0.0098 or PTB Ratio of 4.53. Tetra financial statements analysis is a perfect complement when working with Tetra Technologies Valuation or Volatility modules.
  
Check out the analysis of Tetra Technologies Correlation against competitors.
For more detail on how to invest in Tetra Stock please use our How to Invest in Tetra Technologies guide.

Latest Tetra Technologies' Days Of Inventory On Hand Growth Pattern

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

Tetra Days Of Inventory On Hand Regression Statistics

Arithmetic Mean61.94
Geometric Mean60.70
Coefficient Of Variation21.25
Mean Deviation10.45
Median60.81
Standard Deviation13.16
Sample Variance173.22
Range44.8181
R-Value0.69
Mean Square Error96.73
R-Squared0.48
Significance0
Slope2.04
Total Sum of Squares2,425

Tetra Days Of Inventory On Hand History

2024 77.57
2023 72.71
2022 60.91
2021 76.65
2020 90.21
2019 52.66
2018 62.65

About Tetra Technologies Financial Statements

Investors use fundamental indicators, such as Tetra Technologies' Days Of Inventory On Hand, to determine how well the company is positioned to perform in the future. Although Tetra Technologies' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Days Of Inventory On Hand 72.71  77.57 

Currently Active Assets on Macroaxis

When determining whether Tetra Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tetra Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tetra Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tetra Technologies Stock:
Check out the analysis of Tetra Technologies Correlation against competitors.
For more detail on how to invest in Tetra Stock please use our How to Invest in Tetra Technologies guide.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Oil & Gas Equipment & Services 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 Tetra Technologies. If investors know Tetra 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 Tetra Technologies 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
(0.58)
Earnings Share
0.06
Revenue Per Share
4.721
Quarterly Revenue Growth
(0.06)
Return On Assets
0.0587
The market value of Tetra Technologies is measured differently than its book value, which is the value of Tetra that is recorded on the company's balance sheet. Investors also form their own opinion of Tetra Technologies' value that differs from its market value or its book value, called intrinsic value, which is Tetra Technologies' 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 Tetra Technologies' market value can be influenced by many factors that don't directly affect Tetra Technologies' 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 Tetra Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Tetra Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tetra Technologies' 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.