ModivCare Days Sales Outstanding from 2010 to 2024

MODV Stock  USD 17.76  0.03  0.17%   
ModivCare Days Sales Outstanding yearly trend continues to be fairly stable with very little volatility. Days Sales Outstanding is likely to outpace its year average in 2024. During the period from 2010 to 2024, ModivCare Days Sales Outstanding regression line of quarterly data had mean square error of  47.86 and geometric mean of  40.21. View All Fundamentals
 
Days Sales Outstanding  
First Reported
2010-12-31
Previous Quarter
49.76655205
Current Value
60.07
Quarterly Volatility
8.74682174
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ModivCare financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ModivCare's main balance sheet or income statement drivers, such as Interest Expense of 72.6 M, Selling General Administrative of 289.3 M or Total Revenue of 2.9 B, as well as many indicators such as Price To Sales Ratio of 0.22, Dividend Yield of 0.0527 or PTB Ratio of 3.79. ModivCare financial statements analysis is a perfect complement when working with ModivCare Valuation or Volatility modules.
  
Check out the analysis of ModivCare Correlation against competitors.
For more information on how to buy ModivCare Stock please use our How to Invest in ModivCare guide.

Latest ModivCare's Days Sales Outstanding Growth Pattern

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

ModivCare Days Sales Outstanding Regression Statistics

Arithmetic Mean41.07
Geometric Mean40.21
Coefficient Of Variation21.30
Mean Deviation6.56
Median40.22
Standard Deviation8.75
Sample Variance76.51
Range33.2817
R-Value0.65
Mean Square Error47.86
R-Squared0.42
Significance0.01
Slope1.27
Total Sum of Squares1,071

ModivCare Days Sales Outstanding History

2024 60.07
2023 49.77
2022 43.26
2021 43.48
2020 52.79
2019 44.43
2018 40.22

About ModivCare Financial Statements

ModivCare investors use historical fundamental indicators, such as ModivCare's Days Sales Outstanding, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in ModivCare. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Sales Outstanding 49.77  60.07 

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Additional Tools for ModivCare Stock Analysis

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