Innovex International INVX
NYSE INVX
$29.32 +0.17 (+0.58%)
At close: Aug 21, 2026 · 4:00 PM EDT

Innovex International (INVX) Short-term Investments (2022 - 2024)

Innovex International's (INVX) quarterly Short-term Investments came in at $4.0 million in Q1 2024, down 78.77% YoY from $18.9 million in Q2 2023, and down 84.5% on a QoQ basis from $25.9 million in Q4 2023.

Innovex International (INVX) Short-term Investments (2022 - 2024) Analysis & Trends

Innovex International (INVX) has 3 years of Short-term Investments data on file, last reported at $4.0 million in Q1 2024.

  • Quarterly Short-term Investments fell 78.77% year-over-year to $4.0 million in Q1 2024, while the trailing twelve-month figure through Mar 2024 was $4.0 million (down 78.77% YoY) and the FY2023 annual result came in at $25.9 million, down 19.62% from the prior year.
  • Short-term Investments declined to $4.0 million in Q1 2024, from $25.9 million in the prior quarter.
  • In the past five years, Short-term Investments ranged from a high of $32.2 million in Q4 2022 to a low of $4.0 million in Q1 2024.
  • A 3-year average of $19.2 million and a median of $18.9 million in 2023 frame the typical range for Short-term Investments.
  • Annual changes were most pronounced in 2023 — Short-term Investments dropped 19.62% — and 2024, when it tumbled 78.77%.
  • Tracing INVX's Short-term Investments over 3 years: stood at $32.2 million in 2022, then slipped by 19.62% to $25.9 million in 2023, then plunged by 84.5% to $4.0 million in 2024.
  • The last three Short-term Investments figures came in at $4.0 million (Q1 2024), $25.9 million (Q4 2023), and $8.9 million (Q3 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Slb 80.33 Bn 76.25 Bn 4.63 Bn
2 Baker Hughes 61.93 Bn 46.20 Bn 1.58 Bn
3 Tenaris 53.10 Bn 44.08 Bn 984.66
4 TechnipFMC 30.78 Bn 29.54 Bn 1.40 Bn
5 Halliburton 29.58 Bn 27.53 Bn 2.10 Bn
6 Nov 7.35 Bn 6.19 Bn 521.00 Mn
7 Weatherford International 6.52 Bn 5.39 Bn 662.00 Mn
8 Kodiak Gas Services 5.83 Bn 5.69 Bn 246.76 Mn
9 Archrock 5.52 Bn 5.52 Bn 244.51 Mn
10 Innovex International 2.02 Bn 1.80 Bn 83.65 Mn

Historic Data

Download Data
DateValue
Mar 31, 2024 4.02 Mn
Dec 31, 2023 25.91 Mn
Sep 30, 2023 8.91 Mn
Jun 30, 2023 18.80 Mn
Mar 31, 2023 18.92 Mn
Dec 31, 2022 32.23 Mn
Sep 30, 2022 25.29 Mn