Kelly Net Working Capital from 2010 to 2024

KELYA Stock  USD 14.40  0.48  3.45%   
Kelly Services' Net Working Capital is increasing over the years with slightly volatile fluctuation. Net Working Capital is expected to dwindle to about 596.1 M. From 2010 to 2024 Kelly Services Net Working Capital quarterly data regression line had arithmetic mean of  506,406,000 and r-squared of  0.68. View All Fundamentals
 
Net Working Capital  
First Reported
2010-12-31
Previous Quarter
606.7 M
Current Value
596.1 M
Quarterly Volatility
64 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Kelly Services financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Kelly Services' main balance sheet or income statement drivers, such as Depreciation And Amortization of 32.9 M, Interest Expense of 6.1 M or Total Revenue of 4.4 B, as well as many indicators such as Price To Sales Ratio of 0.15, Dividend Yield of 0.0212 or PTB Ratio of 0.59. Kelly financial statements analysis is a perfect complement when working with Kelly Services Valuation or Volatility modules.
  
Check out the analysis of Kelly Services Correlation against competitors.

Latest Kelly Services' Net Working Capital Growth Pattern

Below is the plot of the Net Working Capital of Kelly Services A over the last few years. It is Kelly Services' Net Working Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Kelly Services' overall financial position and show how it may be relating to other accounts over time.
Net Working Capital10 Years Trend
Slightly volatile
   Net Working Capital   
       Timeline  

Kelly Net Working Capital Regression Statistics

Arithmetic Mean506,406,000
Geometric Mean502,847,115
Coefficient Of Variation12.64
Mean Deviation53,701,333
Median458,100,000
Standard Deviation64,034,743
Sample Variance4100.4T
Range165.9M
R-Value0.83
Mean Square Error1405.5T
R-Squared0.68
Significance0.0001
Slope11,822,250
Total Sum of Squares57406.3T

Kelly Net Working Capital History

2024596.1 M
2023606.7 M
2022586.4 M
2021493.5 M
2020624 M
2019521.6 M
2018503 M

About Kelly Services Financial Statements

Kelly Services stakeholders use historical fundamental indicators, such as Kelly Services' Net Working Capital, to determine how well the company is positioned to perform in the future. Although Kelly Services investors may analyze each financial statement separately, they are all interrelated. For example, changes in Kelly Services' assets and liabilities are reflected in the revenues and expenses on Kelly Services' 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 Kelly Services A. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Working Capital606.7 M596.1 M

Also Currently Popular

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 Kelly Services A offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Kelly Services' 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 Kelly Services A Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Kelly Services A Stock:
Check out the analysis of Kelly Services Correlation against competitors.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Human Resource & Employment Services 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 Kelly Services. If investors know Kelly 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 Kelly Services 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
(0.89)
Dividend Share
0.3
Earnings Share
1.16
Revenue Per Share
123.616
Quarterly Revenue Growth
(0.07)
The market value of Kelly Services A is measured differently than its book value, which is the value of Kelly that is recorded on the company's balance sheet. Investors also form their own opinion of Kelly Services' value that differs from its market value or its book value, called intrinsic value, which is Kelly Services' 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 Kelly Services' market value can be influenced by many factors that don't directly affect Kelly Services' 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 Kelly Services' value and its price as these two are different measures arrived at by different means. Investors typically determine if Kelly Services is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kelly Services' 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.