TrueCar Days Payables Outstanding from 2010 to 2025

TRUE Stock  USD 3.62  0.17  4.93%   
TrueCar's Days Payables Outstanding is increasing over the years with very volatile fluctuation. Overall, Days Payables Outstanding is expected to go to 235.80 this year. During the period from 2010 to 2025 TrueCar Days Payables Outstanding annual values regression line had geometric mean of  200.66 and mean square error of  2,734. View All Fundamentals
 
Days Payables Outstanding  
First Reported
2010-12-31
Previous Quarter
182
Current Value
235.8
Quarterly Volatility
50.55008064
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check TrueCar financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among TrueCar's main balance sheet or income statement drivers, such as Depreciation And Amortization of 20.3 M, Interest Expense of 139 M or Selling General Administrative of 55.2 M, as well as many indicators such as Price To Sales Ratio of 4.13, Dividend Yield of 0.0 or PTB Ratio of 3.62. TrueCar financial statements analysis is a perfect complement when working with TrueCar Valuation or Volatility modules.
  
Check out the analysis of TrueCar Correlation against competitors.
For information on how to trade TrueCar Stock refer to our How to Trade TrueCar Stock guide.

Latest TrueCar's Days Payables Outstanding Growth Pattern

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

TrueCar Days Payables Outstanding Regression Statistics

Arithmetic Mean206.08
Geometric Mean200.66
Coefficient Of Variation24.53
Mean Deviation40.97
Median200.53
Standard Deviation50.55
Sample Variance2,555
Range155
R-Value0.04
Mean Square Error2,734
R-Squared0
Significance0.89
Slope0.41
Total Sum of Squares38,330

TrueCar Days Payables Outstanding History

2025 235.8
2024 182.0
2023 158.26
2022 194.85
2021 168.0
2020 208.09
2019 162.48

About TrueCar Financial Statements

TrueCar stakeholders use historical fundamental indicators, such as TrueCar's Days Payables Outstanding, to determine how well the company is positioned to perform in the future. Although TrueCar investors may analyze each financial statement separately, they are all interrelated. For example, changes in TrueCar's assets and liabilities are reflected in the revenues and expenses on TrueCar'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 TrueCar. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Payables Outstanding 182.00  235.80 

Also Currently Popular

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 TrueCar is a strong investment it is important to analyze TrueCar's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact TrueCar's future performance. For an informed investment choice regarding TrueCar Stock, refer to the following important reports:
Check out the analysis of TrueCar Correlation against competitors.
For information on how to trade TrueCar Stock refer to our How to Trade TrueCar Stock guide.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Interactive Media & 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 TrueCar. If investors know TrueCar 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 TrueCar listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.29)
Revenue Per Share
1.874
Quarterly Revenue Growth
0.131
Return On Assets
(0.06)
Return On Equity
(0.19)
The market value of TrueCar is measured differently than its book value, which is the value of TrueCar that is recorded on the company's balance sheet. Investors also form their own opinion of TrueCar's value that differs from its market value or its book value, called intrinsic value, which is TrueCar'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 TrueCar's market value can be influenced by many factors that don't directly affect TrueCar'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 TrueCar's value and its price as these two are different measures arrived at by different means. Investors typically determine if TrueCar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TrueCar'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.