CLPS Fixed Asset Turnover from 2010 to 2024

CLPS Stock  USD 1.11  0.02  1.77%   
CLPS Fixed Asset Turnover yearly trend continues to be comparatively stable with very little volatility. Fixed Asset Turnover will likely drop to 5.67 in 2024. From the period from 2010 to 2024, CLPS Fixed Asset Turnover quarterly data regression had r-value of (0.31) and coefficient of variation of  72.06. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
5.96410306
Current Value
5.67
Quarterly Volatility
64.48662198
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check CLPS financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CLPS's main balance sheet or income statement drivers, such as Tax Provision of 152.7 K, Discontinued Operations of 0.0 or Depreciation And Amortization of 667.6 K, as well as many indicators such as Price To Sales Ratio of 0.15, Dividend Yield of 0.12 or PTB Ratio of 0.34. CLPS financial statements analysis is a perfect complement when working with CLPS Valuation or Volatility modules.
  
Check out the analysis of CLPS Correlation against competitors.

Latest CLPS's Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of CLPS Inc over the last few years. It is CLPS's Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CLPS's overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Slightly volatile
   Fixed Asset Turnover   
       Timeline  

CLPS Fixed Asset Turnover Regression Statistics

Arithmetic Mean89.49
Geometric Mean52.86
Coefficient Of Variation72.06
Mean Deviation44.78
Median88.81
Standard Deviation64.49
Sample Variance4,159
Range204
R-Value(0.31)
Mean Square Error4,061
R-Squared0.09
Significance0.27
Slope(4.40)
Total Sum of Squares58,219

CLPS Fixed Asset Turnover History

2024 5.67
2023 5.96
2022 7.18
2021 7.38
2020 209.83
2019 197.62
2018 114.6

About CLPS Financial Statements

CLPS shareholders use historical fundamental indicators, such as Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although CLPS investors may analyze each financial statement separately, they are all interrelated. The changes in CLPS's assets and liabilities, for example, are also reflected in the revenues and expenses on on CLPS's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Fixed Asset Turnover 5.96  5.67 

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Additional Tools for CLPS Stock Analysis

When running CLPS's price analysis, check to measure CLPS'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 CLPS is operating at the current time. Most of CLPS's value examination focuses on studying past and present price action to predict the probability of CLPS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CLPS's price. Additionally, you may evaluate how the addition of CLPS to your portfolios can decrease your overall portfolio volatility.