Patterson Current Deferred Revenue from 2010 to 2025

PDCO Stock  USD 31.10  0.00  0.00%   
Patterson Companies Current Deferred Revenue yearly trend continues to be very stable with very little volatility. Current Deferred Revenue is likely to grow to about 60.8 M this year. Current Deferred Revenue is revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends. View All Fundamentals
 
Current Deferred Revenue  
First Reported
2003-10-31
Previous Quarter
37.4 M
Current Value
35.5 M
Quarterly Volatility
66 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Patterson Companies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Patterson Companies' main balance sheet or income statement drivers, such as Depreciation And Amortization of 106.4 M, Interest Expense of 54.2 M or Total Revenue of 7.9 B, as well as many indicators such as Price To Sales Ratio of 0.44, Dividend Yield of 0.0175 or PTB Ratio of 2.73. Patterson financial statements analysis is a perfect complement when working with Patterson Companies Valuation or Volatility modules.
  
Check out the analysis of Patterson Companies Correlation against competitors.
To learn how to invest in Patterson Stock, please use our How to Invest in Patterson Companies guide.

Latest Patterson Companies' Current Deferred Revenue Growth Pattern

Below is the plot of the Current Deferred Revenue of Patterson Companies over the last few years. It is revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends. Patterson Companies' Current Deferred Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Patterson Companies' overall financial position and show how it may be relating to other accounts over time.
Current Deferred Revenue10 Years Trend
Pretty Stable
   Current Deferred Revenue   
22.0M134.5M38.6M-45.0M37.4M33.7M60.8M100%
       Timeline  

Patterson Current Deferred Revenue Regression Statistics

Arithmetic Mean70,723,494
Geometric Mean51,813,298
Coefficient Of Variation97.62
Mean Deviation56,094,568
Median60,790,800
Standard Deviation69,040,695
Sample Variance4766.6T
Range236.7M
R-Value(0.25)
Mean Square Error4775.2T
R-Squared0.06
Significance0.34
Slope(3,696,997)
Total Sum of Squares71499.3T

Patterson Current Deferred Revenue History

202560.8 M
202433.7 M
202337.4 M
2022-45 M
202038.6 M
2019134.5 M
201822 M

About Patterson Companies Financial Statements

Patterson Companies investors utilize fundamental indicators, such as Current Deferred Revenue, to predict how Patterson 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
Current Deferred Revenue33.7 M60.8 M

Pair Trading with Patterson Companies

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 Patterson Companies 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 Patterson Companies will appreciate offsetting losses from the drop in the long position's value.

Moving against Patterson Stock

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The ability to find closely correlated positions to Patterson Companies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Patterson Companies 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 Patterson Companies - 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 Patterson Companies to buy it.
The correlation of Patterson Companies 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 Patterson Companies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Patterson Companies 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 Patterson Companies 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
When determining whether Patterson Companies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Patterson Companies' 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 Patterson Companies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Patterson Companies Stock:
Check out the analysis of Patterson Companies Correlation against competitors.
To learn how to invest in Patterson Stock, please use our How to Invest in Patterson Companies guide.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
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 Patterson Companies. If investors know Patterson 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 Patterson Companies 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
(0.29)
Dividend Share
1.04
Earnings Share
1.69
Revenue Per Share
73.258
Quarterly Revenue Growth
0.013
The market value of Patterson Companies is measured differently than its book value, which is the value of Patterson that is recorded on the company's balance sheet. Investors also form their own opinion of Patterson Companies' value that differs from its market value or its book value, called intrinsic value, which is Patterson Companies' 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 Patterson Companies' market value can be influenced by many factors that don't directly affect Patterson Companies' 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 Patterson Companies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Patterson Companies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Patterson Companies' 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.
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