Txnm Energy Inc (TXNM) Inventory Average (2011 - 2024)
Txnm Energy's (TXNM) quarterly Inventory Average came in at $109.8 million in Q2 2024, up 51.15% on a YoY basis from $72.7 million in Q3 2023, and up 8.45% quarter-over-quarter from $101.3 million in Q1 2024.
Analysis
Txnm Energy Inc (TXNM) Inventory Average (2011 - 2024) Analysis & Trends
Txnm Energy (TXNM) has reported Inventory Average for 14 consecutive years, with $109.8 million the latest figure, recorded in Q2 2024.
- For the quarter ending Q2 2024, Inventory Average rose 51.15% year-over-year to $109.8 million; the trailing twelve-month figure through Jun 2024 stood at $109.8 million (up 51.15% YoY), and the FY2023 full-year result was $82.4 million, up 25.02% from the prior year.
- Inventory Average rose to $109.8 million in Q2 2024 per TXNM's latest filing, from $101.3 million in the prior quarter.
- Across five years, Inventory Average topped out at $109.8 million in Q2 2024 and bottomed at $62.0 million in Q2 2021.
- Historically, Inventory Average has averaged $74.4 million across 5 years, with a median of $69.3 million in 2020.
- The sharpest annual moves came in 2021 and 2024: Inventory Average dropped 15.47% in 2021, then surged 54.57% in 2024.
- Over 5 years, Inventory Average stood at $66.9 million in 2020, then retreated by 1.52% to $65.9 million in 2021, then slipped by 0.18% to $65.8 million in 2022, then soared by 37.89% to $90.7 million in 2023, then advanced by 21.06% to $109.8 million in 2024.
- According to Business Quant data, Inventory Average over the past three periods registered $109.8 million, $101.3 million, and $90.7 million for Q2 2024, Q1 2024, and Q4 2023 respectively.
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Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 109.82 Mn |
| Mar 31, 2024 | 101.26 Mn |
| Dec 31, 2023 | 90.71 Mn |
| Sep 30, 2023 | 82.20 Mn |
| Jun 30, 2023 | 72.65 Mn |
| Mar 31, 2023 | 65.51 Mn |
| Dec 31, 2022 | 65.78 Mn |
| Sep 30, 2022 | 70.12 Mn |
| Jun 30, 2022 | 72.83 Mn |
| Mar 31, 2022 | 67.65 Mn |
| Dec 31, 2021 | 65.91 Mn |
| Sep 30, 2021 | 64.36 Mn |
| Jun 30, 2021 | 62.04 Mn |
| Mar 31, 2021 | 64.27 Mn |
| Dec 31, 2020 | 66.93 Mn |
| Sep 30, 2020 | 68.56 Mn |
| Jun 30, 2020 | 71.90 Mn |
| Mar 31, 2020 | 76.03 Mn |
| Dec 31, 2019 | 77.84 Mn |
| Sep 30, 2019 | 76.12 Mn |