QVCC Fixed Asset Turnover from 2010 to 2024

QVCC Stock  USD 13.02  0.25  1.96%   
QVCC's Fixed Asset Turnover is increasing over the years with slightly volatile fluctuation. Fixed Asset Turnover is expected to dwindle to 6.98. During the period from 2010 to 2024 QVCC Fixed Asset Turnover annual values regression line had geometric mean of  8.23 and mean square error of  1.36. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
10.08431163
Current Value
6.98
Quarterly Volatility
1.39352
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check QVCC financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among QVCC's main balance sheet or income statement drivers, such as Interest Expense of 195.4 M, Total Revenue of 9.9 B or Gross Profit of 4.5 B, as well as many indicators such as Price To Sales Ratio of 0.0, Ptb Ratio of 0.0 or Days Sales Outstanding of 38.92. QVCC financial statements analysis is a perfect complement when working with QVCC Valuation or Volatility modules.
  
Check out the analysis of QVCC Correlation against competitors.
For information on how to trade QVCC Stock refer to our How to Trade QVCC Stock guide.

Latest QVCC's Fixed Asset Turnover Growth Pattern

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

QVCC Fixed Asset Turnover Regression Statistics

Arithmetic Mean8.33
Geometric Mean8.23
Coefficient Of Variation16.72
Mean Deviation1.12
Median8.20
Standard Deviation1.39
Sample Variance1.94
Range4.3891
R-Value0.59
Mean Square Error1.36
R-Squared0.35
Significance0.02
Slope0.18
Total Sum of Squares27.19

QVCC Fixed Asset Turnover History

2024 6.98
2023 10.08
2022 11.1
2021 10.14
2020 8.2
2019 7.69
2018 9.68

About QVCC Financial Statements

QVCC stakeholders use historical fundamental indicators, such as QVCC's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although QVCC investors may analyze each financial statement separately, they are all interrelated. For example, changes in QVCC's assets and liabilities are reflected in the revenues and expenses on QVCC's 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 QVCC. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 10.08  6.98 

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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 QVCC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of QVCC's 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 Qvcc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Qvcc Stock:
Check out the analysis of QVCC Correlation against competitors.
For information on how to trade QVCC Stock refer to our How to Trade QVCC Stock guide.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Oil & Gas Exploration & Production 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 QVCC. If investors know QVCC 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 QVCC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of QVCC is measured differently than its book value, which is the value of QVCC that is recorded on the company's balance sheet. Investors also form their own opinion of QVCC's value that differs from its market value or its book value, called intrinsic value, which is QVCC'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 QVCC's market value can be influenced by many factors that don't directly affect QVCC'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 QVCC's value and its price as these two are different measures arrived at by different means. Investors typically determine if QVCC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, QVCC'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.