DraftKings Operating Cycle from 2010 to 2026
| DKNG Stock | USD 25.16 1.14 4.33% |
Operating Cycle | First Reported 2010-12-31 | Previous Quarter 10.6 | Current Value 10.07 | Quarterly Volatility 10.15251324 |
Check DraftKings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among DraftKings' main balance sheet or income statement drivers, such as Net Interest Income of 53.5 M, Depreciation And Amortization of 327.1 M or Interest Expense of 2.3 M, as well as many indicators such as Price To Sales Ratio of 4.11, Dividend Yield of 0.0 or PTB Ratio of 19.38. DraftKings financial statements analysis is a perfect complement when working with DraftKings Valuation or Volatility modules.
DraftKings | Operating Cycle | Build AI portfolio with DraftKings Stock |
The Operating Cycle trend for DraftKings offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether DraftKings is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.
Latest DraftKings' Operating Cycle Growth Pattern
Below is the plot of the Operating Cycle of DraftKings over the last few years. It is DraftKings' Operating Cycle historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in DraftKings' overall financial position and show how it may be relating to other accounts over time.
| Operating Cycle | 10 Years Trend |
|
Operating Cycle |
| Timeline |
DraftKings Operating Cycle Regression Statistics
| Arithmetic Mean | 30.26 | |
| Geometric Mean | 27.68 | |
| Coefficient Of Variation | 33.55 | |
| Mean Deviation | 7.48 | |
| Median | 34.41 | |
| Standard Deviation | 10.15 | |
| Sample Variance | 103.07 | |
| Range | 35.1941 | |
| R-Value | (0.62) | |
| Mean Square Error | 67.09 | |
| R-Squared | 0.39 | |
| Significance | 0.01 | |
| Slope | (1.26) | |
| Total Sum of Squares | 1,649 |
DraftKings Operating Cycle History
About DraftKings Financial Statements
DraftKings stakeholders use historical fundamental indicators, such as DraftKings' Operating Cycle, to determine how well the company is positioned to perform in the future. Although DraftKings investors may analyze each financial statement separately, they are all interrelated. For example, changes in DraftKings' assets and liabilities are reflected in the revenues and expenses on DraftKings' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in DraftKings. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Operating Cycle | 10.60 | 10.07 |
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Check out the analysis of DraftKings Correlation against competitors. For more detail on how to invest in DraftKings Stock please use our How to Invest in DraftKings guide.You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Can Hotels, Restaurants & Leisure industry sustain growth momentum? Does DraftKings have expansion opportunities? Factors like these will boost the valuation of DraftKings. Projected growth potential of DraftKings fundamentally drives upward valuation adjustments. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating DraftKings demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Quarterly Earnings Growth 1.846 | Earnings Share (0.54) | Revenue Per Share | Quarterly Revenue Growth 0.044 | Return On Assets |
Understanding DraftKings requires distinguishing between market price and book value, where the latter reflects DraftKings's accounting equity. The concept of intrinsic value - what DraftKings' is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Market sentiment, economic cycles, and investor behavior can push DraftKings' price substantially above or below its fundamental value.
It's important to distinguish between DraftKings' intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding DraftKings should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, DraftKings' trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.