CODX Days Sales Outstanding from 2010 to 2024

CODX Stock  USD 1.01  0.05  4.72%   
Co Diagnostics Days Sales Outstanding yearly trend continues to be fairly stable with very little volatility. Days Sales Outstanding will likely drop to 16.84 in 2024. During the period from 2010 to 2024, Co Diagnostics Days Sales Outstanding regression line of annual values had r-squared of  0.33 and arithmetic mean of  103.81. View All Fundamentals
 
Days Sales Outstanding  
First Reported
2010-12-31
Previous Quarter
17.72913848
Current Value
16.84
Quarterly Volatility
51.54208136
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Co Diagnostics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Co Diagnostics' main balance sheet or income statement drivers, such as Interest Expense of 18 M, Selling General Administrative of 15 M or Total Revenue of 6.5 M, as well as many indicators such as Price To Sales Ratio of 5.44, Dividend Yield of 0.0 or PTB Ratio of 0.43. CODX financial statements analysis is a perfect complement when working with Co Diagnostics Valuation or Volatility modules.
  
Check out the analysis of Co Diagnostics Correlation against competitors.
For more information on how to buy CODX Stock please use our How to Invest in Co Diagnostics guide.

Latest Co Diagnostics' Days Sales Outstanding Growth Pattern

Below is the plot of the Days Sales Outstanding of Co Diagnostics over the last few years. It is Co Diagnostics' Days Sales Outstanding historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Co Diagnostics' 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  

CODX Days Sales Outstanding Regression Statistics

Arithmetic Mean103.81
Geometric Mean86.44
Coefficient Of Variation49.65
Mean Deviation38.60
Median122.73
Standard Deviation51.54
Sample Variance2,657
Range206
R-Value(0.58)
Mean Square Error1,905
R-Squared0.33
Significance0.02
Slope(6.66)
Total Sum of Squares37,192

CODX Days Sales Outstanding History

2024 16.84
2023 17.73
2022 57.59
2021 77.99
2020 59.42
2019 223.07

About Co Diagnostics Financial Statements

Co Diagnostics investors use historical fundamental indicators, such as Co Diagnostics' 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 Co Diagnostics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Sales Outstanding 17.73  16.84 

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Additional Tools for CODX Stock Analysis

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