First Days Of Sales Outstanding from 2010 to 2024

FRME Stock  USD 44.97  0.92  2.09%   
First Merchants' Days Of Sales Outstanding is decreasing over the years with very volatile fluctuation. Overall, Days Of Sales Outstanding is expected to go to 57.54 this year. During the period from 2010 to 2024 First Merchants Days Of Sales Outstanding annual values regression line had geometric mean of  41.96 and mean square error of  378.16. View All Fundamentals
 
Days Of Sales Outstanding  
First Reported
2010-12-31
Previous Quarter
54.48059262
Current Value
57.54
Quarterly Volatility
18.76419868
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check First Merchants financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among First Merchants' main balance sheet or income statement drivers, such as Interest Expense of 365.9 M, Other Operating Expenses of 773.8 M or Operating Income of 272.2 M, as well as many indicators such as Price To Sales Ratio of 2.73, Dividend Yield of 0.0353 or PTB Ratio of 1.46. First financial statements analysis is a perfect complement when working with First Merchants Valuation or Volatility modules.
  
Check out the analysis of First Merchants Correlation against competitors.
For information on how to trade First Stock refer to our How to Trade First Stock guide.

Latest First Merchants' Days Of Sales Outstanding Growth Pattern

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

First Days Of Sales Outstanding Regression Statistics

Arithmetic Mean44.39
Geometric Mean41.96
Coefficient Of Variation42.27
Mean Deviation11.94
Median40.02
Standard Deviation18.76
Sample Variance352.10
Range75.196
R-Value(0.05)
Mean Square Error378.16
R-Squared0
Significance0.85
Slope(0.22)
Total Sum of Squares4,929

First Days Of Sales Outstanding History

2024 57.54
2023 54.48
2022 49.43
2021 40.14
2020 40.02
2019 40.26
2018 37.33

About First Merchants Financial Statements

First Merchants stakeholders use historical fundamental indicators, such as First Merchants' Days Of Sales Outstanding, to determine how well the company is positioned to perform in the future. Although First Merchants investors may analyze each financial statement separately, they are all interrelated. For example, changes in First Merchants' assets and liabilities are reflected in the revenues and expenses on First Merchants' 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 First Merchants. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Of Sales Outstanding 54.48  57.54 

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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 First Merchants is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if First Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about First Merchants Stock. Highlighted below are key reports to facilitate an investment decision about First Merchants Stock:
Check out the analysis of First Merchants Correlation against competitors.
For information on how to trade First Stock refer to our How to Trade First Stock guide.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Regional Banks 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 First Merchants. If investors know First 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 First Merchants listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.11)
Dividend Share
1.38
Earnings Share
3.01
Revenue Per Share
10.11
Quarterly Revenue Growth
(0.05)
The market value of First Merchants is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Merchants' value that differs from its market value or its book value, called intrinsic value, which is First Merchants' 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 First Merchants' market value can be influenced by many factors that don't directly affect First Merchants' 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 First Merchants' value and its price as these two are different measures arrived at by different means. Investors typically determine if First Merchants is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Merchants' 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.