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

Innovex International (INVX) posted Short-term Investments of $4.0 million for Q1 2024, down 84.5% on a QoQ basis from $25.9 million in Q4 2023, and down 78.77% year-over-year from $18.9 million in Q2 2023.

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

Innovex International's Short-term Investments history runs 3 years deep, the most recent figure standing at $4.0 million for 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 was $4.0 million for Q1 2024 at Innovex International, down from $25.9 million in the prior quarter.
  • Across five years, Short-term Investments topped out at $32.2 million in Q4 2022 and bottomed at $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 retreated 19.62% — and 2024, when it slumped 78.77%.
  • Innovex International's Short-term Investments stood at $32.2 million in 2022, then declined by 19.62% to $25.9 million in 2023, then slumped by 84.5% to $4.0 million in 2024.
  • Business Quant data shows INVX's Short-term Investments at $4.0 million in Q1 2024, $25.9 million in Q4 2023, and $8.9 million in Q3 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Slb 70.54 Bn 68.33 Bn 5.38 Bn
2 Tenaris 57.93 Bn 46.32 Bn 1.05 Bn
3 TechnipFMC 30.31 Bn 29.04 Bn 1.64 Bn
4 Halliburton 27.38 Bn 25.42 Bn 2.10 Bn
5 Nov 7.25 Bn 5.97 Bn 379.00 Mn
6 Archrock 6.68 Bn 6.68 Bn 247.42 Mn
7 Weatherford International 6.15 Bn 5.02 Bn 776.00 Mn
8 Kodiak Gas Services 5.93 Bn 5.84 Bn 222.88 Mn
9 Oceaneering International 5.32 Bn 4.71 Bn 156.98 Mn
10 Innovex International 1.84 Bn 1.64 Bn 84.51 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