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

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

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

Innovex International has reported Short-term Investments for 3 years, with the latest figure at $4.0 million in Q1 2024.

  • For the quarter ending Q1 2024, Short-term Investments fell 78.77% year-over-year to $4.0 million; the trailing twelve-month figure through Mar 2024 stood at $4.0 million (down 78.77% YoY), and the FY2023 full-year result was $25.9 million, down 19.62% from the prior year.
  • Short-term Investments for Q1 2024 stood at $4.0 million, down from $25.9 million in the prior quarter.
  • The five-year high for Short-term Investments was $32.2 million in Q4 2022, with the low at $4.0 million in Q1 2024.
  • Historically, Short-term Investments has averaged $19.2 million across 3 years, with a median of $18.9 million in 2023.
  • Annual changes were most pronounced in 2023 — Short-term Investments dropped 19.62% — and 2024, when it tumbled 78.77%.
  • Innovex International's Short-term Investments 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 83.94 Bn 81.73 Bn 4.67 Bn
2 Baker Hughes 62.51 Bn 47.92 Bn 1.51 Bn
3 Halliburton 33.10 Bn 31.15 Bn 2.04 Bn
4 TechnipFMC 28.31 Bn 27.04 Bn 1.49 Bn
5 Enerflex 8.65 Bn 8.59 Bn -
6 Nov 7.64 Bn 6.35 Bn 119.00 Mn
7 Weatherford International 7.30 Bn 6.25 Bn 876.00 Mn
8 Archrock 6.37 Bn 6.36 Bn 247.42 Mn
9 Kodiak Gas Services 5.94 Bn 5.84 Bn 222.88 Mn
10 Innovex International 2.04 Bn 1.84 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