Quest Operating Cycle from 2010 to 2024

DGX Stock  USD 163.59  0.30  0.18%   
Quest Diagnostics Operating Cycle yearly trend continues to be fairly stable with very little volatility. Operating Cycle is likely to outpace its year average in 2024. During the period from 2010 to 2024, Quest Diagnostics Operating Cycle regression line of annual values had r-squared of  0.03 and arithmetic mean of  57.68. View All Fundamentals
 
Operating Cycle  
First Reported
2010-12-31
Previous Quarter
58.75930936
Current Value
64.6
Quarterly Volatility
8.30049856
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Quest Diagnostics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Quest Diagnostics' main balance sheet or income statement drivers, such as Depreciation And Amortization of 265.1 M, Interest Expense of 99.3 M or Selling General Administrative of 1.5 B, as well as many indicators such as Price To Sales Ratio of 1.13, Dividend Yield of 0.0214 or PTB Ratio of 3.0. Quest financial statements analysis is a perfect complement when working with Quest Diagnostics Valuation or Volatility modules.
  
Check out the analysis of Quest Diagnostics Correlation against competitors.

Latest Quest Diagnostics' Operating Cycle Growth Pattern

Below is the plot of the Operating Cycle of Quest Diagnostics Incorporated over the last few years. It is Quest Diagnostics' Operating Cycle historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Quest Diagnostics' overall financial position and show how it may be relating to other accounts over time.
Operating Cycle10 Years Trend
Pretty Stable
   Operating Cycle   
       Timeline  

Quest Operating Cycle Regression Statistics

Arithmetic Mean57.68
Geometric Mean57.17
Coefficient Of Variation14.39
Mean Deviation6.26
Median55.00
Standard Deviation8.30
Sample Variance68.90
Range27.0638
R-Value0.17
Mean Square Error72.05
R-Squared0.03
Significance0.54
Slope0.32
Total Sum of Squares964.58

Quest Operating Cycle History

2024 64.6
2023 58.76
2022 55.0
2021 60.19
2020 72.81
2019 59.13
2018 56.38

About Quest Diagnostics Financial Statements

Quest Diagnostics investors use historical fundamental indicators, such as Quest Diagnostics' Operating Cycle, 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 Quest Diagnostics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Operating Cycle 58.76  64.60 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Quest Stock Analysis

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