Schnitzer Days Sales Outstanding from 2010 to 2024

RDUS Stock  USD 20.21  0.47  2.38%   
Schnitzer Steel Days Sales Outstanding yearly trend continues to be comparatively stable with very little volatility. Days Sales Outstanding will likely drop to 46.12 in 2024. From the period from 2010 to 2024, Schnitzer Steel Days Sales Outstanding quarterly data regression had r-value of  0.29 and coefficient of variation of  38.72. View All Fundamentals
 
Days Sales Outstanding  
First Reported
2010-12-31
Previous Quarter
49.04588125
Current Value
46.12
Quarterly Volatility
14.62790528
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Schnitzer Steel financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Schnitzer Steel's main balance sheet or income statement drivers, such as Depreciation And Amortization of 108.4 M, Interest Expense of 22.4 M or Total Revenue of 3.5 B, as well as many indicators such as Price To Sales Ratio of 5.47, Dividend Yield of 0.0214 or Days Sales Outstanding of 46.12. Schnitzer financial statements analysis is a perfect complement when working with Schnitzer Steel Valuation or Volatility modules.
  
Check out the analysis of Schnitzer Steel Correlation against competitors.

Latest Schnitzer Steel's Days Sales Outstanding Growth Pattern

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

Schnitzer Days Sales Outstanding Regression Statistics

Arithmetic Mean37.78
Geometric Mean35.64
Coefficient Of Variation38.72
Mean Deviation12.04
Median29.66
Standard Deviation14.63
Sample Variance213.98
Range48.4223
R-Value0.29
Mean Square Error211.27
R-Squared0.08
Significance0.30
Slope0.94
Total Sum of Squares2,996

Schnitzer Days Sales Outstanding History

2024 46.12
2022 26.65
2021 24.88
2020 28.33
2019 49.05
2018 61.64
2017 73.31

About Schnitzer Steel Financial Statements

Schnitzer Steel shareholders use historical fundamental indicators, such as Days Sales Outstanding, to determine how well the company is positioned to perform in the future. Although Schnitzer Steel investors may analyze each financial statement separately, they are all interrelated. The changes in Schnitzer Steel's assets and liabilities, for example, are also reflected in the revenues and expenses on on Schnitzer Steel'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 49.05  46.12 

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Schnitzer Stock Analysis

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