McKesson Fixed Asset Turnover from 2010 to 2024

MCK Stock  USD 616.73  6.46  1.04%   
McKesson Fixed Asset Turnover yearly trend continues to be quite stable with very little volatility. The value of Fixed Asset Turnover is projected to decrease to 68.22. From the period between 2010 and 2024, McKesson, Fixed Asset Turnover regression line of its data series had standard deviation of  19.70 and standard deviation of  19.70. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
76.37849197
Current Value
68.22
Quarterly Volatility
19.70453934
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check McKesson financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among McKesson's main balance sheet or income statement drivers, such as Depreciation And Amortization of 394.6 M, Interest Expense of 178.7 M or Selling General Administrative of 6.1 B, as well as many indicators such as Price To Sales Ratio of 0.23, Dividend Yield of 0.0042 or Days Sales Outstanding of 22.93. McKesson financial statements analysis is a perfect complement when working with McKesson Valuation or Volatility modules.
  
Check out the analysis of McKesson Correlation against competitors.
For more information on how to buy McKesson Stock please use our How to buy in McKesson Stock guide.

Latest McKesson's Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of McKesson over the last few years. It is McKesson's Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in McKesson's overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Pretty Stable
   Fixed Asset Turnover   
       Timeline  

McKesson Fixed Asset Turnover Regression Statistics

Arithmetic Mean75.33
Geometric Mean72.68
Coefficient Of Variation26.16
Mean Deviation14.77
Median76.38
Standard Deviation19.70
Sample Variance388.27
Range81.6677
R-Value(0.20)
Mean Square Error400.71
R-Squared0.04
Significance0.47
Slope(0.90)
Total Sum of Squares5,436

McKesson Fixed Asset Turnover History

2024 68.22
2023 76.38
2022 72.59
2021 72.52
2020 50.89
2019 54.35
2018 84.11

About McKesson Financial Statements

McKesson investors utilize fundamental indicators, such as Fixed Asset Turnover, to predict how McKesson Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Fixed Asset Turnover 76.38  68.22 

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether McKesson 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 McKesson 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 Mckesson Stock. Highlighted below are key reports to facilitate an investment decision about Mckesson Stock:
Check out the analysis of McKesson Correlation against competitors.
For more information on how to buy McKesson Stock please use our How to buy in McKesson Stock guide.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Health Care Providers & 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 McKesson. If investors know McKesson 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 McKesson 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
(0.62)
Dividend Share
2.57
Earnings Share
19.32
Revenue Per Share
2.5 K
Quarterly Revenue Growth
0.213
The market value of McKesson is measured differently than its book value, which is the value of McKesson that is recorded on the company's balance sheet. Investors also form their own opinion of McKesson's value that differs from its market value or its book value, called intrinsic value, which is McKesson'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 McKesson's market value can be influenced by many factors that don't directly affect McKesson'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 McKesson's value and its price as these two are different measures arrived at by different means. Investors typically determine if McKesson is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, McKesson'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.