AutoZone Operating Cycle from 2010 to 2026
| AZO Stock | USD 3,605 115.47 3.10% |
Operating Cycle | First Reported 2010-12-31 | Previous Quarter 269.80333649 | Current Value 176.02 | Quarterly Volatility 38.01705842 |
Check AutoZone financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among AutoZone's main balance sheet or income statement drivers, such as Depreciation And Amortization of 740.4 M, Interest Expense of 587.8 M or Selling General Administrative of 7.7 B, as well as many indicators such as Price To Sales Ratio of 3.13, Dividend Yield of 0.0 or Days Sales Outstanding of 11.31. AutoZone financial statements analysis is a perfect complement when working with AutoZone Valuation or Volatility modules.
AutoZone | Operating Cycle | Build AI portfolio with AutoZone Stock |
Evaluating AutoZone's Operating Cycle 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's fundamental strength.
Latest AutoZone's Operating Cycle Growth Pattern
Below is the plot of the Operating Cycle of AutoZone over the last few years. It is AutoZone's Operating Cycle historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in AutoZone's overall financial position and show how it may be relating to other accounts over time.
| Operating Cycle | 10 Years Trend |
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Operating Cycle |
| Timeline |
AutoZone Operating Cycle Regression Statistics
| Arithmetic Mean | 261.66 | |
| Geometric Mean | 258.49 | |
| Coefficient Of Variation | 14.53 | |
| Mean Deviation | 24.59 | |
| Median | 269.80 | |
| Standard Deviation | 38.02 | |
| Sample Variance | 1,445 | |
| Range | 136 | |
| R-Value | 0.1 | |
| Mean Square Error | 1,527 | |
| R-Squared | 0.01 | |
| Significance | 0.71 | |
| Slope | 0.74 | |
| Total Sum of Squares | 23,125 |
AutoZone Operating Cycle History
About AutoZone Financial Statements
AutoZone investors utilize fundamental indicators, such as Operating Cycle, 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 | ||
| Operating Cycle | 269.80 | 176.02 |
Pair Trading with AutoZone
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 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 will appreciate offsetting losses from the drop in the long position's value.Moving together with AutoZone Stock
Moving against AutoZone Stock
| 0.63 | FCAP | First Capital Normal Trading | PairCorr |
| 0.53 | SLF | Sun Life Financial Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to AutoZone 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 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 - 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 to buy it.
The correlation of AutoZone 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 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AutoZone 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 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.Check out the analysis of AutoZone Correlation against competitors. To learn how to invest in AutoZone Stock, please use our How to Invest in AutoZone guide.You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Will Automotive Retail sector continue expanding? Could AutoZone diversify its offerings? Factors like these will boost the valuation of AutoZone. If investors know AutoZone will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every AutoZone data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth (0.05) | Earnings Share 138.79 | Revenue Per Share | Quarterly Revenue Growth 0.082 | Return On Assets |
The market value of AutoZone is measured differently than its book value, which is the value of AutoZone that is recorded on the company's balance sheet. Investors also form their own opinion of AutoZone's value that differs from its market value or its book value, called intrinsic value, which is AutoZone's true underlying value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Because AutoZone's market value can be influenced by many factors that don't directly affect AutoZone's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Understanding that AutoZone's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether AutoZone represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Meanwhile, AutoZone's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.