Cintas Days Of Inventory Outstanding from 2010 to 2024

CTAS Stock  USD 221.49  0.00  0.00%   
Cintas Days Of Inventory Outstanding yearly trend continues to be comparatively stable with very little volatility. Days Of Inventory Outstanding is likely to outpace its year average in 2024. From the period from 2010 to 2024, Cintas Days Of Inventory Outstanding quarterly data regression had r-value of  0.07 and coefficient of variation of  34.88. View All Fundamentals
 
Days Of Inventory Outstanding  
First Reported
2010-12-31
Previous Quarter
30.49232119
Current Value
50.3
Quarterly Volatility
32.34339417
 
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Yuan Drop
 
Covid
Check Cintas financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cintas' main balance sheet or income statement drivers, such as Depreciation And Amortization of 464.5 M, Interest Expense of 105.8 M or Selling General Administrative of 2.7 B, as well as many indicators such as Price To Sales Ratio of 7.54, Dividend Yield of 0.0073 or PTB Ratio of 16.76. Cintas financial statements analysis is a perfect complement when working with Cintas Valuation or Volatility modules.
  
Check out the analysis of Cintas Correlation against competitors.
For more information on how to buy Cintas Stock please use our How to Invest in Cintas guide.

Latest Cintas' Days Of Inventory Outstanding Growth Pattern

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

Cintas Days Of Inventory Outstanding Regression Statistics

Arithmetic Mean92.73
Geometric Mean85.29
Coefficient Of Variation34.88
Mean Deviation26.83
Median106.38
Standard Deviation32.34
Sample Variance1,046
Range93.543
R-Value0.07
Mean Square Error1,122
R-Squared0
Significance0.81
Slope0.48
Total Sum of Squares14,645

Cintas Days Of Inventory Outstanding History

2024 50.3
2023 30.49
2022 119.39
2021 120.06
2020 124.04
2019 111.76
2018 108.49

About Cintas Financial Statements

Cintas shareholders use historical fundamental indicators, such as Days Of Inventory Outstanding, to determine how well the company is positioned to perform in the future. Although Cintas investors may analyze each financial statement separately, they are all interrelated. The changes in Cintas' assets and liabilities, for example, are also reflected in the revenues and expenses on on Cintas' 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
Days Of Inventory Outstanding 30.49  50.30 

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Additional Tools for Cintas Stock Analysis

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