Novanta Days Sales Outstanding from 2010 to 2024

NOVT Stock  USD 173.43  3.64  2.14%   
Novanta 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, Novanta Days Sales Outstanding quarterly data regression had r-value of (0.05) and coefficient of variation of  16.03. View All Fundamentals
 
Days Sales Outstanding  
First Reported
2010-12-31
Previous Quarter
57.71446427
Current Value
78.43
Quarterly Volatility
9.39888175
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Novanta financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Novanta's main balance sheet or income statement drivers, such as Depreciation And Amortization of 23.7 M, Interest Expense of 27.1 M or Total Revenue of 925.7 M, as well as many indicators such as Price To Sales Ratio of 7.19, Dividend Yield of 0.0 or PTB Ratio of 9.41. Novanta financial statements analysis is a perfect complement when working with Novanta Valuation or Volatility modules.
  
Check out the analysis of Novanta Correlation against competitors.
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Latest Novanta's Days Sales Outstanding Growth Pattern

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

Novanta Days Sales Outstanding Regression Statistics

Arithmetic Mean58.62
Geometric Mean57.99
Coefficient Of Variation16.03
Mean Deviation6.28
Median57.34
Standard Deviation9.40
Sample Variance88.34
Range33.8565
R-Value(0.05)
Mean Square Error94.89
R-Squared0
Significance0.86
Slope(0.11)
Total Sum of Squares1,237

Novanta Days Sales Outstanding History

2024 78.43
2023 57.71
2022 58.38
2021 59.71
2020 46.38
2019 53.1
2018 49.88

About Novanta Financial Statements

Novanta shareholders use historical fundamental indicators, such as Days Sales Outstanding, to determine how well the company is positioned to perform in the future. Although Novanta investors may analyze each financial statement separately, they are all interrelated. The changes in Novanta's assets and liabilities, for example, are also reflected in the revenues and expenses on on Novanta'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 57.71  78.43 

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Additional Tools for Novanta Stock Analysis

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