Cemtrex Days Sales Outstanding from 2010 to 2024

CETX Stock  USD 0.11  0.09  45.00%   
Cemtrex Days Sales Outstanding yearly trend continues to be fairly stable with very little volatility. Days Sales Outstanding will likely drop to 41.47 in 2024. During the period from 2010 to 2024, Cemtrex Days Sales Outstanding regression line of annual values had r-squared of  0.34 and arithmetic mean of  51.34. View All Fundamentals
 
Days Sales Outstanding  
First Reported
2010-12-31
Previous Quarter
68.56
Current Value
41.47
Quarterly Volatility
16.29326985
 
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Yuan Drop
 
Covid
Check Cemtrex financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cemtrex's main balance sheet or income statement drivers, such as Depreciation And Amortization of 614.5 K, Interest Expense of 6 M or Total Revenue of 45.7 M, as well as many indicators such as Price To Sales Ratio of 4.59, Dividend Yield of 2.0E-4 or PTB Ratio of 35.46. Cemtrex financial statements analysis is a perfect complement when working with Cemtrex Valuation or Volatility modules.
  
Check out the analysis of Cemtrex Correlation against competitors.
For more information on how to buy Cemtrex Stock please use our How to Invest in Cemtrex guide.

Latest Cemtrex's Days Sales Outstanding Growth Pattern

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

Cemtrex Days Sales Outstanding Regression Statistics

Arithmetic Mean51.34
Geometric Mean48.47
Coefficient Of Variation31.73
Mean Deviation12.92
Median49.32
Standard Deviation16.29
Sample Variance265.47
Range56.7331
R-Value0.59
Mean Square Error187.55
R-Squared0.34
Significance0.02
Slope2.14
Total Sum of Squares3,717

Cemtrex Days Sales Outstanding History

2024 41.47
2023 68.56
2022 76.18
2021 46.6
2020 66.1
2019 68.1
2018 67.21

About Cemtrex Financial Statements

Cemtrex investors use historical fundamental indicators, such as Cemtrex's Days Sales Outstanding, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Cemtrex. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Sales Outstanding 68.56  41.47 

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Additional Tools for Cemtrex Stock Analysis

When running Cemtrex's price analysis, check to measure Cemtrex's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cemtrex is operating at the current time. Most of Cemtrex's value examination focuses on studying past and present price action to predict the probability of Cemtrex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cemtrex's price. Additionally, you may evaluate how the addition of Cemtrex to your portfolios can decrease your overall portfolio volatility.