Adapthealth Days Of Payables Outstanding from 2010 to 2024

AHCO Stock  USD 9.95  0.17  1.68%   
Adapthealth Corp Days Of Payables Outstanding yearly trend continues to be very stable with very little volatility. Days Of Payables Outstanding is likely to grow to 28.46 this year. During the period from 2010 to 2024, Adapthealth Corp Days Of Payables Outstanding quarterly data regression pattern had sample variance of  705.61 and median of  0.14. View All Fundamentals
 
Days Of Payables Outstanding  
First Reported
2010-12-31
Previous Quarter
28.37557565
Current Value
28.46
Quarterly Volatility
26.56329549
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Adapthealth Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Adapthealth Corp's main balance sheet or income statement drivers, such as Interest Expense of 136.8 M, Selling General Administrative of 199.6 M or Total Revenue of 3.4 B, as well as many indicators such as Price To Sales Ratio of 0.29, Dividend Yield of 0.81 or PTB Ratio of 0.64. Adapthealth financial statements analysis is a perfect complement when working with Adapthealth Corp Valuation or Volatility modules.
  
Check out the analysis of Adapthealth Corp Correlation against competitors.
To learn how to invest in Adapthealth Stock, please use our How to Invest in Adapthealth Corp guide.

Latest Adapthealth Corp's Days Of Payables Outstanding Growth Pattern

Below is the plot of the Days Of Payables Outstanding of Adapthealth Corp over the last few years. It is Adapthealth Corp's Days Of Payables Outstanding historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Adapthealth Corp's overall financial position and show how it may be relating to other accounts over time.
Days Of Payables Outstanding10 Years Trend
Slightly volatile
   Days Of Payables Outstanding   
       Timeline  

Adapthealth Days Of Payables Outstanding Regression Statistics

Arithmetic Mean18.57
Geometric Mean1.27
Coefficient Of Variation143.07
Mean Deviation22.13
Median0.14
Standard Deviation26.56
Sample Variance705.61
Range77.8435
R-Value0.64
Mean Square Error445.22
R-Squared0.41
Significance0.01
Slope3.82
Total Sum of Squares9,879

Adapthealth Days Of Payables Outstanding History

2024 28.46
2023 28.38
2022 31.81
2021 45.06
2020 77.9
2019 65.75
2018 0.0522

About Adapthealth Corp Financial Statements

Adapthealth Corp investors utilize fundamental indicators, such as Days Of Payables Outstanding, to predict how Adapthealth Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Days Of Payables Outstanding 28.38  28.46 

Pair Trading with Adapthealth Corp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Adapthealth Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Adapthealth Corp will appreciate offsetting losses from the drop in the long position's value.

Moving against Adapthealth Stock

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The ability to find closely correlated positions to Adapthealth Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Adapthealth Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Adapthealth Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Adapthealth Corp to buy it.
The correlation of Adapthealth Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Adapthealth Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Adapthealth Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Adapthealth Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Adapthealth Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Adapthealth Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Adapthealth Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Adapthealth Corp Stock:
Check out the analysis of Adapthealth Corp Correlation against competitors.
To learn how to invest in Adapthealth Stock, please use our How to Invest in Adapthealth Corp guide.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Health Care Providers & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Adapthealth Corp. If investors know Adapthealth will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Adapthealth Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.444
Earnings Share
(1.67)
Revenue Per Share
24.465
Quarterly Revenue Growth
0.002
Return On Assets
0.0411
The market value of Adapthealth Corp is measured differently than its book value, which is the value of Adapthealth that is recorded on the company's balance sheet. Investors also form their own opinion of Adapthealth Corp's value that differs from its market value or its book value, called intrinsic value, which is Adapthealth Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Adapthealth Corp's market value can be influenced by many factors that don't directly affect Adapthealth Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Adapthealth Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Adapthealth Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Adapthealth Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.