Envela Days Sales Outstanding from 2010 to 2024

ELA Stock  USD 6.50  0.01  0.15%   
Envela Corp's Days Sales Outstanding is increasing over the years with slightly volatile fluctuation. Overall, Days Sales Outstanding is expected to go to 17.44 this year. From 2010 to 2024 Envela Corp Days Sales Outstanding quarterly data regression line had arithmetic mean of  7.98 and r-squared of  0.61. View All Fundamentals
 
Days Sales Outstanding  
First Reported
2010-12-31
Previous Quarter
16.60747448
Current Value
17.44
Quarterly Volatility
6.77435269
 
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Covid
Check Envela Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Envela Corp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.4 M, Interest Expense of 350.2 K or Total Revenue of 180.3 M, as well as many indicators such as Price To Sales Ratio of 0.87, Dividend Yield of 0.0 or PTB Ratio of 2.56. Envela financial statements analysis is a perfect complement when working with Envela Corp Valuation or Volatility modules.
  
Check out the analysis of Envela Corp Correlation against competitors.
For information on how to trade Envela Stock refer to our How to Trade Envela Stock guide.

Latest Envela Corp's Days Sales Outstanding Growth Pattern

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

Envela Days Sales Outstanding Regression Statistics

Arithmetic Mean7.98
Geometric Mean4.93
Coefficient Of Variation84.85
Mean Deviation5.89
Median4.95
Standard Deviation6.77
Sample Variance45.89
Range17.9191
R-Value0.78
Mean Square Error19.40
R-Squared0.61
Significance0.0006
Slope1.18
Total Sum of Squares642.49

Envela Days Sales Outstanding History

2024 17.44
2023 16.61
2022 17.04
2021 18.56
2020 9.12
2019 13.34
2018 0.64

About Envela Corp Financial Statements

Envela Corp stakeholders use historical fundamental indicators, such as Envela Corp's Days Sales Outstanding, to determine how well the company is positioned to perform in the future. Although Envela Corp investors may analyze each financial statement separately, they are all interrelated. For example, changes in Envela Corp's assets and liabilities are reflected in the revenues and expenses on Envela Corp's 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 Envela Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Sales Outstanding 16.61  17.44 

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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.
When determining whether Envela Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Envela Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Envela Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Envela Corp Stock:
Check out the analysis of Envela Corp Correlation against competitors.
For information on how to trade Envela Stock refer to our How to Trade Envela Stock guide.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Other Specialty Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Envela Corp. If investors know Envela will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Envela Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.25
Revenue Per Share
6.3
Quarterly Revenue Growth
0.272
Return On Assets
0.0648
Return On Equity
0.1307
The market value of Envela Corp is measured differently than its book value, which is the value of Envela that is recorded on the company's balance sheet. Investors also form their own opinion of Envela Corp's value that differs from its market value or its book value, called intrinsic value, which is Envela Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Envela Corp's market value can be influenced by many factors that don't directly affect Envela Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Envela Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Envela Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Envela Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.