Civitas Inventory from 2010 to 2024

CIVI Stock  USD 51.88  0.41  0.80%   
Civitas Resources' Inventory is decreasing with slightly volatile movements from year to year. Inventory is predicted to flatten to about 8.9 M. For the period between 2010 and 2024, Civitas Resources, Inventory quarterly trend regression had mean deviation of  1,862,195,004 and range of 10.7 B. View All Fundamentals
 
Inventory  
First Reported
2011-12-31
Previous Quarter
1
Current Value
-608.8 M
Quarterly Volatility
1.5 B
 
Yuan Drop
 
Covid
Check Civitas Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Civitas Resources' main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.2 B, Interest Expense of 191.9 M or Selling General Administrative of 169.1 M, as well as many indicators such as Price To Sales Ratio of 2.9, Dividend Yield of 0.0678 or PTB Ratio of 1.22. Civitas financial statements analysis is a perfect complement when working with Civitas Resources Valuation or Volatility modules.
  
Check out the analysis of Civitas Resources Correlation against competitors.
For more detail on how to invest in Civitas Stock please use our How to Invest in Civitas Resources guide.

Latest Civitas Resources' Inventory Growth Pattern

Below is the plot of the Inventory of Civitas Resources over the last few years. It is Civitas Resources' Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Civitas Resources' overall financial position and show how it may be relating to other accounts over time.
Inventory10 Years Trend
Slightly volatile
   Inventory   
       Timeline  

Civitas Inventory Regression Statistics

Arithmetic Mean1,279,932,867
Geometric Mean39,968,872
Coefficient Of Variation223.90
Mean Deviation1,862,195,004
Median9,400,001
Standard Deviation2,865,780,114
Sample Variance8212695.7T
Range10.7B
R-Value(0.53)
Mean Square Error6396267.2T
R-Squared0.28
Significance0.04
Slope(337,142,754)
Total Sum of Squares114977739.3T

Civitas Inventory History

20248.9 M
20239.4 M
202232.1 M
202112.4 M
20209.2 M
20197.7 M
20183.5 M

Other Fundumenentals of Civitas Resources

Civitas Resources Inventory component correlations

About Civitas Resources Financial Statements

Investors use fundamental indicators, such as Civitas Resources' Inventory, to determine how well the company is positioned to perform in the future. Although Civitas Resources' 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
Inventory9.4 M8.9 M
Change To Inventory-42.8 M-40.6 M
Inventory Turnover 14.56  20.18 
Days Of Inventory On Hand 25.07  23.82 
Average Inventory18.7 M16.6 M
Days Of Inventory Outstanding 25.07  23.82 

Currently Active Assets on Macroaxis

When determining whether Civitas Resources offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Civitas Resources' 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 Civitas Resources Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Civitas Resources Stock:
Check out the analysis of Civitas Resources Correlation against competitors.
For more detail on how to invest in Civitas Stock please use our How to Invest in Civitas Resources guide.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Oil & Gas Exploration & Production 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 Civitas Resources. If investors know Civitas 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 Civitas Resources 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
0.929
Dividend Share
6.06
Earnings Share
10.2
Revenue Per Share
51.373
Quarterly Revenue Growth
0.228
The market value of Civitas Resources is measured differently than its book value, which is the value of Civitas that is recorded on the company's balance sheet. Investors also form their own opinion of Civitas Resources' value that differs from its market value or its book value, called intrinsic value, which is Civitas Resources' 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 Civitas Resources' market value can be influenced by many factors that don't directly affect Civitas Resources' 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 Civitas Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Civitas Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Civitas Resources' 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.