Tyson Days Sales Outstanding from 2010 to 2024
TSN Stock | USD 63.77 0.52 0.82% |
Days Sales Outstanding | First Reported 2010-12-31 | Previous Quarter 16.47357857 | Current Value 22.96 | Quarterly Volatility 4.26285357 |
Check Tyson Foods financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tyson Foods' main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.5 B, Total Revenue of 56 B or Gross Profit of 2.4 B, as well as many indicators such as Price To Sales Ratio of 0.5, Dividend Yield of 0.0348 or PTB Ratio of 2.2. Tyson financial statements analysis is a perfect complement when working with Tyson Foods Valuation or Volatility modules.
Tyson | Days Sales Outstanding |
Latest Tyson Foods' Days Sales Outstanding Growth Pattern
Below is the plot of the Days Sales Outstanding of Tyson Foods over the last few years. It is Tyson Foods' Days Sales Outstanding historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Tyson Foods' overall financial position and show how it may be relating to other accounts over time.
Days Sales Outstanding | 10 Years Trend |
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Days Sales Outstanding |
Timeline |
Tyson Days Sales Outstanding Regression Statistics
Arithmetic Mean | 18.03 | |
Geometric Mean | 17.68 | |
Coefficient Of Variation | 23.64 | |
Mean Deviation | 2.48 | |
Median | 17.65 | |
Standard Deviation | 4.26 | |
Sample Variance | 18.17 | |
Range | 16.466 | |
R-Value | (0.09) | |
Mean Square Error | 19.42 | |
R-Squared | 0.01 | |
Significance | 0.76 | |
Slope | (0.08) | |
Total Sum of Squares | 254.41 |
Tyson Days Sales Outstanding History
About Tyson Foods Financial Statements
Tyson Foods investors utilize fundamental indicators, such as Days Sales Outstanding, to predict how Tyson 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 Reported | Projected for Next Year | ||
Days Sales Outstanding | 16.47 | 22.96 |
Pair Trading with Tyson Foods
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 Tyson Foods 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 Tyson Foods will appreciate offsetting losses from the drop in the long position's value.Moving against Tyson Stock
0.48 | K | Kellanova | PairCorr |
0.45 | HAIN | Hain Celestial | PairCorr |
0.38 | BJ | BJs Wholesale Club | PairCorr |
0.31 | LANC | Lancaster Colony | PairCorr |
The ability to find closely correlated positions to Tyson Foods could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tyson Foods 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 Tyson Foods - 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 Tyson Foods to buy it.
The correlation of Tyson Foods 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 Tyson Foods moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tyson Foods 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 Tyson Foods 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.Check out the analysis of Tyson Foods Correlation against competitors. To learn how to invest in Tyson Stock, please use our How to Invest in Tyson Foods guide.You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Packaged Foods & Meats 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 Tyson Foods. If investors know Tyson 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 Tyson Foods 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 (0.66) | Dividend Share 1.96 | Earnings Share 2.25 | Revenue Per Share 149.932 | Quarterly Revenue Growth 0.016 |
The market value of Tyson Foods is measured differently than its book value, which is the value of Tyson that is recorded on the company's balance sheet. Investors also form their own opinion of Tyson Foods' value that differs from its market value or its book value, called intrinsic value, which is Tyson Foods' 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 Tyson Foods' market value can be influenced by many factors that don't directly affect Tyson Foods' 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 Tyson Foods' value and its price as these two are different measures arrived at by different means. Investors typically determine if Tyson Foods is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tyson Foods' 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.