NVent Change To Inventory from 2010 to 2024

NVT Stock  USD 69.55  0.06  0.09%   
NVent Electric Change To Inventory yearly trend continues to be comparatively stable with very little volatility. Change To Inventory is likely to outpace its year average in 2024. Change To Inventory is the increase or decrease in the amount of inventory nVent Electric PLC has over a certain period. View All Fundamentals
 
Change To Inventory  
First Reported
2016-12-31
Previous Quarter
-5.9 M
Current Value
14.1 M
Quarterly Volatility
15.8 M
 
Covid
Check NVent Electric financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NVent Electric's main balance sheet or income statement drivers, such as Tax Provision of 57.3 M, Interest Income of 24.5 M or Depreciation And Amortization of 108.2 M, as well as many indicators such as Price To Sales Ratio of 1.82, Dividend Yield of 0.0223 or PTB Ratio of 3.27. NVent financial statements analysis is a perfect complement when working with NVent Electric Valuation or Volatility modules.
  
Check out the analysis of NVent Electric Correlation against competitors.

Latest NVent Electric's Change To Inventory Growth Pattern

Below is the plot of the Change To Inventory of nVent Electric PLC over the last few years. It is the increase or decrease in the amount of inventory a company has over a certain period. NVent Electric's Change To Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in NVent Electric'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  

NVent Change To Inventory Regression Statistics

Arithmetic Mean12,173,667
Geometric Mean17,425,427
Coefficient Of Variation281.14
Mean Deviation26,845,600
Median20,100,000
Standard Deviation34,225,386
Sample Variance1171.4T
Range115.9M
R-Value(0.60)
Mean Square Error805.6T
R-Squared0.36
Significance0.02
Slope(4,600,589)
Total Sum of Squares16399.3T

NVent Change To Inventory History

202421.1 M
202320.1 M
2022-34.7 M
2021-74 M
202018.3 M
2019900 K
2018-12 M

About NVent Electric Financial Statements

NVent Electric shareholders use historical fundamental indicators, such as Change To Inventory, to determine how well the company is positioned to perform in the future. Although NVent Electric investors may analyze each financial statement separately, they are all interrelated. The changes in NVent Electric's assets and liabilities, for example, are also reflected in the revenues and expenses on on NVent Electric'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 Inventory20.1 M21.1 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 NVent Stock Analysis

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