IQIYI Days Of Payables Outstanding from 2010 to 2024

IQ Stock  USD 1.95  0.07  3.47%   
IQIYI Days Of Payables Outstanding yearly trend continues to be relatively stable with very little volatility. Days Of Payables Outstanding is likely to grow to 130.91 this year. During the period from 2010 to 2024, IQIYI Days Of Payables Outstanding destribution of quarterly values had range of 60.0642 from its regression line and mean deviation of  19.56. View All Fundamentals
 
Days Of Payables Outstanding  
First Reported
2010-12-31
Previous Quarter
89.59821347
Current Value
130.91
Quarterly Volatility
23.04044499
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check IQIYI financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among IQIYI's main balance sheet or income statement drivers, such as Tax Provision of 52.7 M, Interest Income of 176.9 M or Discontinued Operations of 0.0, as well as many indicators such as Price To Sales Ratio of 1.01, Dividend Yield of 0.0011 or PTB Ratio of 2.67. IQIYI financial statements analysis is a perfect complement when working with IQIYI Valuation or Volatility modules.
  
Check out the analysis of IQIYI Correlation against competitors.

Latest IQIYI's Days Of Payables Outstanding Growth Pattern

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

IQIYI Days Of Payables Outstanding Regression Statistics

Arithmetic Mean130.02
Geometric Mean127.93
Coefficient Of Variation17.72
Mean Deviation19.56
Median136.71
Standard Deviation23.04
Sample Variance530.86
Range60.0642
R-Value(0.78)
Mean Square Error222.68
R-Squared0.61
Significance0.0006
Slope(4.03)
Total Sum of Squares7,432

IQIYI Days Of Payables Outstanding History

2024 130.91
2023 89.6
2022 98.01
2021 118.02
2020 98.98
2019 98.77
2018 136.71

About IQIYI Financial Statements

IQIYI shareholders use historical fundamental indicators, such as Days Of Payables Outstanding, to determine how well the company is positioned to perform in the future. Although IQIYI investors may analyze each financial statement separately, they are all interrelated. The changes in IQIYI's assets and liabilities, for example, are also reflected in the revenues and expenses on on IQIYI'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 Of Payables Outstanding 89.60  130.91 

Pair Trading with IQIYI

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if IQIYI position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in IQIYI will appreciate offsetting losses from the drop in the long position's value.

Moving against IQIYI Stock

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The ability to find closely correlated positions to IQIYI could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IQIYI when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back IQIYI - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling iQIYI Inc to buy it.
The correlation of IQIYI is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as IQIYI moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if iQIYI Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for IQIYI can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for IQIYI Stock Analysis

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