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| Date | Value |
|---|---|
| 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 |