DXC Change To Inventory from 2010 to 2024

DXC Stock  USD 19.16  0.26  1.38%   
DXC Technology's Change To Inventory is decreasing over the years with stable fluctuation. Change To Inventory is expected to dwindle to about -50.1 M. Change To Inventory is the increase or decrease in the amount of inventory DXC Technology Co has over a certain period. View All Fundamentals
 
Change To Inventory  
First Reported
2010-12-31
Previous Quarter
-47.7 M
Current Value
-50.1 M
Quarterly Volatility
219.6 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check DXC Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among DXC main balance sheet or income statement drivers, such as Depreciation And Amortization of 910.4 M, Interest Expense of 129.3 M or Total Revenue of 11.3 B, as well as many exotic indicators such as Price To Sales Ratio of 0.33, Dividend Yield of 0.0073 or PTB Ratio of 1.01. DXC financial statements analysis is a perfect complement when working with DXC Technology Valuation or Volatility modules.
  
This module can also supplement DXC Technology's financial leverage analysis and stock options assessment as well as various DXC Technology Technical models . Check out the analysis of DXC Technology Correlation against competitors.

Latest DXC Technology's Change To Inventory Growth Pattern

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

DXC Change To Inventory Regression Statistics

Arithmetic Mean(63,852,333)
Coefficient Of Variation(343.90)
Mean Deviation137,659,067
Median(47,700,000)
Standard Deviation219,591,014
Sample Variance48220.2T
Range870M
R-Value(0.24)
Mean Square Error48868.8T
R-Squared0.06
Significance0.38
Slope(11,920,696)
Total Sum of Squares675083T

DXC Change To Inventory History

2024-50.1 M
2023-47.7 M
2020-53 M
2019-3 M
2018-739 M
2017107 M
2016-313 M

About DXC Technology Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include DXC Technology income statement, its balance sheet, and the statement of cash flows. DXC Technology investors use historical funamental indicators, such as DXC Technology's Change To Inventory, to determine how well the company is positioned to perform in the future. Although DXC Technology investors may use each financial statement separately, they are all related. The changes in DXC Technology's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on DXC Technology'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 DXC Technology Financial Statements. Understanding these patterns can help to make the right decision on long term investment in DXC Technology. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Change To Inventory-47.7 M-50.1 M

Pair Trading with DXC Technology

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if DXC Technology position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in DXC Technology will appreciate offsetting losses from the drop in the long position's value.

Moving together with DXC Stock

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Moving against DXC Stock

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The ability to find closely correlated positions to DXC Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DXC Technology when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back DXC Technology - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling DXC Technology Co to buy it.
The correlation of DXC Technology is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as DXC Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DXC Technology moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for DXC Technology can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether DXC Technology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of DXC Technology'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 Dxc Technology Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Dxc Technology Co Stock:
Check out the analysis of DXC Technology Correlation against competitors.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

Complementary Tools for DXC Stock analysis

When running DXC Technology's price analysis, check to measure DXC Technology'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 DXC Technology is operating at the current time. Most of DXC Technology's value examination focuses on studying past and present price action to predict the probability of DXC Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DXC Technology's price. Additionally, you may evaluate how the addition of DXC Technology to your portfolios can decrease your overall portfolio volatility.
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Is DXC Technology'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 DXC Technology. If investors know DXC 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 DXC Technology 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
2.24
Earnings Share
(1.85)
Revenue Per Share
67.173
Quarterly Revenue Growth
(0.05)
Return On Assets
(0.03)
The market value of DXC Technology is measured differently than its book value, which is the value of DXC that is recorded on the company's balance sheet. Investors also form their own opinion of DXC Technology's value that differs from its market value or its book value, called intrinsic value, which is DXC Technology'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 DXC Technology's market value can be influenced by many factors that don't directly affect DXC Technology'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 DXC Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if DXC Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DXC Technology'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.