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| 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 |