CTS Days Sales Outstanding from 2010 to 2024

CTS Stock  USD 53.18  0.43  0.82%   
CTS Days Sales Outstanding yearly trend continues to be comparatively stable with very little volatility. Days Sales Outstanding will likely drop to 42.73 in 2024. From the period from 2010 to 2024, CTS Days Sales Outstanding quarterly data regression had r-value of  0.15 and coefficient of variation of  12.36. View All Fundamentals
 
Days Sales Outstanding  
First Reported
2010-12-31
Previous Quarter
52.10126957
Current Value
42.73
Quarterly Volatility
6.87603795
 
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Covid
Check CTS financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CTS's main balance sheet or income statement drivers, such as Depreciation And Amortization of 24.5 M, Interest Expense of 3.5 M or Selling General Administrative of 67.3 M, as well as many indicators such as Price To Sales Ratio of 2.62, Dividend Yield of 0.0035 or PTB Ratio of 1.63. CTS financial statements analysis is a perfect complement when working with CTS Valuation or Volatility modules.
  
Check out the analysis of CTS Correlation against competitors.

Latest CTS's Days Sales Outstanding Growth Pattern

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

CTS Days Sales Outstanding Regression Statistics

Arithmetic Mean55.64
Geometric Mean55.23
Coefficient Of Variation12.36
Mean Deviation4.98
Median56.52
Standard Deviation6.88
Sample Variance47.28
Range26.9716
R-Value0.15
Mean Square Error49.72
R-Squared0.02
Significance0.58
Slope0.24
Total Sum of Squares661.92

CTS Days Sales Outstanding History

2024 42.73
2023 52.1
2022 56.56
2021 58.49
2020 69.7
2019 60.71
2018 61.69

About CTS Financial Statements

CTS shareholders use historical fundamental indicators, such as Days Sales Outstanding, to determine how well the company is positioned to perform in the future. Although CTS investors may analyze each financial statement separately, they are all interrelated. The changes in CTS's assets and liabilities, for example, are also reflected in the revenues and expenses on on CTS'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
Days Sales Outstanding 52.10  42.73 

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Additional Tools for CTS Stock Analysis

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