TrueBlue Days Sales Outstanding from 2010 to 2024

TBI Stock  USD 7.52  0.03  0.40%   
TrueBlue's Days Sales Outstanding is increasing with slightly volatile movements from year to year. Days Sales Outstanding is estimated to finish at 64.15 this year. For the period between 2010 and 2024, TrueBlue, Days Sales Outstanding quarterly trend regression had mean deviation of  2.88 and range of 14.8586. View All Fundamentals
 
Days Sales Outstanding  
First Reported
2010-12-31
Previous Quarter
58.18
Current Value
64.15
Quarterly Volatility
4.21761191
 
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Check TrueBlue financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among TrueBlue's main balance sheet or income statement drivers, such as Depreciation And Amortization of 22.8 M, Interest Expense of 1.3 M or Selling General Administrative of 351.1 M, as well as many indicators such as Price To Sales Ratio of 0.28, Dividend Yield of 3.0E-4 or PTB Ratio of 1.15. TrueBlue financial statements analysis is a perfect complement when working with TrueBlue Valuation or Volatility modules.
  
Check out the analysis of TrueBlue Correlation against competitors.
For more detail on how to invest in TrueBlue Stock please use our How to Invest in TrueBlue guide.

Latest TrueBlue's Days Sales Outstanding Growth Pattern

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

TrueBlue Days Sales Outstanding Regression Statistics

Arithmetic Mean51.73
Geometric Mean51.59
Coefficient Of Variation8.15
Mean Deviation2.88
Median50.59
Standard Deviation4.22
Sample Variance17.79
Range14.8586
R-Value0.68
Mean Square Error10.28
R-Squared0.46
Significance0.01
Slope0.64
Total Sum of Squares249.04

TrueBlue Days Sales Outstanding History

2024 64.15
2023 58.18
2022 50.59
2018 50.89
2017 54.45

About TrueBlue Financial Statements

Investors use fundamental indicators, such as TrueBlue's Days Sales Outstanding, to determine how well the company is positioned to perform in the future. Although TrueBlue's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Days Sales Outstanding 58.18  64.15 

Currently Active Assets on Macroaxis

When determining whether TrueBlue offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of TrueBlue'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 Trueblue Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Trueblue Stock:
Check out the analysis of TrueBlue Correlation against competitors.
For more detail on how to invest in TrueBlue Stock please use our How to Invest in TrueBlue guide.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Is Human Resource & Employment 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 TrueBlue. If investors know TrueBlue 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 TrueBlue 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
(0.63)
Earnings Share
(3.83)
Revenue Per Share
54.77
Quarterly Revenue Growth
(0.19)
Return On Assets
(0.02)
The market value of TrueBlue is measured differently than its book value, which is the value of TrueBlue that is recorded on the company's balance sheet. Investors also form their own opinion of TrueBlue's value that differs from its market value or its book value, called intrinsic value, which is TrueBlue'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 TrueBlue's market value can be influenced by many factors that don't directly affect TrueBlue'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 TrueBlue's value and its price as these two are different measures arrived at by different means. Investors typically determine if TrueBlue is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TrueBlue'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.