Parker Change To Inventory from 2010 to 2024

PH Stock  USD 519.21  23.75  4.37%   
Parker Hannifin's Change To Inventory is increasing with stable movements from year to year. Change To Inventory is estimated to finish at about 50.2 M this year. Change To Inventory is the increase or decrease in the amount of inventory Parker Hannifin has over a certain period. View All Fundamentals
 
Change To Inventory  
First Reported
1989-09-30
Previous Quarter
-138 M
Current Value
-32 M
Quarterly Volatility
54.4 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Parker Hannifin financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Parker main balance sheet or income statement drivers, such as Depreciation And Amortization of 987.9 M, Interest Expense of 693 M or Total Revenue of 23 B, as well as many exotic indicators such as Price To Sales Ratio of 2.48, Dividend Yield of 0.0206 or PTB Ratio of 4.58. Parker financial statements analysis is a perfect complement when working with Parker Hannifin Valuation or Volatility modules.
  
This module can also supplement Parker Hannifin's financial leverage analysis and stock options assessment as well as various Parker Hannifin Technical models . Check out the analysis of Parker Hannifin Correlation against competitors.
For more detail on how to invest in Parker Stock please use our How to Invest in Parker Hannifin guide.

Latest Parker Hannifin's Change To Inventory Growth Pattern

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

Parker Change To Inventory Regression Statistics

Arithmetic Mean(12,686,215)
Coefficient Of Variation(856.06)
Mean Deviation87,473,371
Median(28,333,000)
Standard Deviation108,602,188
Sample Variance11794.4T
Range413.3M
R-Value0.13
Mean Square Error12484.1T
R-Squared0.02
Significance0.64
Slope3,178,139
Total Sum of Squares165122.1T

Parker Change To Inventory History

202450.2 M
202347.8 M
202253.1 M
2021-212.1 M
2020-85.6 M
2019201.2 M
2018-51.8 M

About Parker Hannifin Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Parker Hannifin income statement, its balance sheet, and the statement of cash flows. Parker Hannifin investors use historical funamental indicators, such as Parker Hannifin's Change To Inventory, to determine how well the company is positioned to perform in the future. Although Parker Hannifin investors may use each financial statement separately, they are all related. The changes in Parker Hannifin's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Parker Hannifin's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Parker Hannifin Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Parker Hannifin. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Change To Inventory47.8 M50.2 M

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When determining whether Parker Hannifin offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Parker Hannifin's 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 Parker Hannifin Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Parker Hannifin Stock:
Check out the analysis of Parker Hannifin Correlation against competitors.
For more detail on how to invest in Parker Stock please use our How to Invest in Parker Hannifin guide.
Note that the Parker Hannifin information on this page should be used as a complementary analysis to other Parker Hannifin's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.

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When running Parker Hannifin's price analysis, check to measure Parker Hannifin'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 Parker Hannifin is operating at the current time. Most of Parker Hannifin's value examination focuses on studying past and present price action to predict the probability of Parker Hannifin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Parker Hannifin's price. Additionally, you may evaluate how the addition of Parker Hannifin to your portfolios can decrease your overall portfolio volatility.
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Is Parker Hannifin's industry 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 Parker Hannifin. If investors know Parker 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 Parker Hannifin 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
0.72
Dividend Share
5.77
Earnings Share
20.22
Revenue Per Share
154.399
Quarterly Revenue Growth
0.031
The market value of Parker Hannifin is measured differently than its book value, which is the value of Parker that is recorded on the company's balance sheet. Investors also form their own opinion of Parker Hannifin's value that differs from its market value or its book value, called intrinsic value, which is Parker Hannifin'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 Parker Hannifin's market value can be influenced by many factors that don't directly affect Parker Hannifin'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 Parker Hannifin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Parker Hannifin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Parker Hannifin'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.