Hut Days Sales Outstanding from 2010 to 2024

HUT Stock  USD 25.92  2.44  10.39%   
Hut 8 Days Sales Outstanding yearly trend continues to be comparatively stable with very little volatility. Days Sales Outstanding is likely to outpace its year average in 2024. From the period from 2010 to 2024, Hut 8 Days Sales Outstanding quarterly data regression had r-value of  0.55 and coefficient of variation of  96.15. View All Fundamentals
 
Days Sales Outstanding  
First Reported
2010-12-31
Previous Quarter
19.62864914
Current Value
20.61
Quarterly Volatility
5.77460383
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Hut 8 financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hut 8's main balance sheet or income statement drivers, such as Depreciation And Amortization of 24.2 M, Interest Expense of 31.1 M or Selling General Administrative of 97.8 M, as well as many indicators such as Price To Sales Ratio of 8.3, Dividend Yield of 0.0 or PTB Ratio of 1.06. Hut financial statements analysis is a perfect complement when working with Hut 8 Valuation or Volatility modules.
  
Check out the analysis of Hut 8 Correlation against competitors.

Latest Hut 8's Days Sales Outstanding Growth Pattern

Below is the plot of the Days Sales Outstanding of Hut 8 Corp over the last few years. It is Hut 8's Days Sales Outstanding historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Hut 8'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  

Hut Days Sales Outstanding Regression Statistics

Arithmetic Mean6.01
Geometric Mean4.65
Coefficient Of Variation96.15
Mean Deviation3.76
Median4.04
Standard Deviation5.77
Sample Variance33.35
Range19.2501
R-Value0.55
Mean Square Error25.13
R-Squared0.30
Significance0.03
Slope0.71
Total Sum of Squares466.84

Hut Days Sales Outstanding History

2024 20.61
2023 19.63
2022 3.85
2021 1.36
2019 4.2

About Hut 8 Financial Statements

Hut 8 shareholders use historical fundamental indicators, such as Days Sales Outstanding, to determine how well the company is positioned to perform in the future. Although Hut 8 investors may analyze each financial statement separately, they are all interrelated. The changes in Hut 8's assets and liabilities, for example, are also reflected in the revenues and expenses on on Hut 8'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 19.63  20.61 

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Hut Stock Analysis

When running Hut 8's price analysis, check to measure Hut 8'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 Hut 8 is operating at the current time. Most of Hut 8's value examination focuses on studying past and present price action to predict the probability of Hut 8's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hut 8's price. Additionally, you may evaluate how the addition of Hut 8 to your portfolios can decrease your overall portfolio volatility.