AutoZone Net Receivables from 2010 to 2026
| AZO Stock | 23.58 0.33 1.42% |
Net Receivables | First Reported 2010-12-31 | Previous Quarter 770.7 M | Current Value 636.6 M | Quarterly Volatility 71.6 M |
Check AutoZone CDR financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among AutoZone CDR's main balance sheet or income statement drivers, such as Tax Provision of 520 M, Interest Income of 452.4 M or Selling General Administrative of 6.6 B, as well as many indicators such as . AutoZone financial statements analysis is a perfect complement when working with AutoZone CDR Valuation or Volatility modules.
AutoZone | Net Receivables |
Evaluating AutoZone CDR's Net Receivables across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into AutoZone CDR's fundamental strength.
Latest AutoZone CDR's Net Receivables Growth Pattern
Below is the plot of the Net Receivables of AutoZone CDR over the last few years. It is AutoZone CDR's Net Receivables historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in AutoZone CDR's overall financial position and show how it may be relating to other accounts over time.
| Net Receivables | 10 Years Trend |
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Net Receivables |
| Timeline |
AutoZone Net Receivables Regression Statistics
| Arithmetic Mean | 552,231,968 | |
| Geometric Mean | 548,495,853 | |
| Coefficient Of Variation | 12.96 | |
| Mean Deviation | 49,490,300 | |
| Median | 520,385,000 | |
| Standard Deviation | 71,568,737 | |
| Sample Variance | 5122.1T | |
| Range | 250.3M | |
| R-Value | 0.64 | |
| Mean Square Error | 3219.6T | |
| R-Squared | 0.41 | |
| Significance | 0.01 | |
| Slope | 9,082,944 | |
| Total Sum of Squares | 81953.3T |
AutoZone Net Receivables History
About AutoZone CDR Financial Statements
AutoZone CDR investors utilize fundamental indicators, such as Net Receivables, to predict how AutoZone 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 Reported | Projected for Next Year | ||
| Net Receivables | 770.7 M | 636.6 M |
Pair Trading with AutoZone CDR
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 AutoZone CDR 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 AutoZone CDR will appreciate offsetting losses from the drop in the long position's value.Moving against AutoZone Stock
| 0.74 | CITI | CITIGROUP CDR | PairCorr |
| 0.71 | AZS | Arizona Gold Silver | PairCorr |
| 0.66 | QNC | Quantum eMotion Corp | PairCorr |
| 0.65 | JPM | JPMorgan Chase | PairCorr |
| 0.65 | RY | Royal Bank | PairCorr |
The ability to find closely correlated positions to AutoZone CDR could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AutoZone CDR 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 AutoZone CDR - 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 AutoZone CDR to buy it.
The correlation of AutoZone CDR 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 AutoZone CDR moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AutoZone CDR 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 AutoZone CDR 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.Other Information on Investing in AutoZone Stock
AutoZone CDR financial ratios help investors to determine whether AutoZone Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in AutoZone with respect to the benefits of owning AutoZone CDR security.