Western Days Of Payables Outstanding from 2010 to 2024

WDC Stock  USD 66.43  0.55  0.83%   
Western Digital's Days Of Payables Outstanding is decreasing over the years with slightly volatile fluctuation. Days Of Payables Outstanding is expected to dwindle to 55.46. During the period from 2010 to 2024 Western Digital Days Of Payables Outstanding annual values regression line had geometric mean of  66.37 and mean square error of  59.70. View All Fundamentals
 
Days Of Payables Outstanding  
First Reported
2010-12-31
Previous Quarter
62.56313382
Current Value
55.46208417
Quarterly Volatility
8.90994244
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Western Digital financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Western Digital's main balance sheet or income statement drivers, such as Depreciation And Amortization of 572.3 M, Total Revenue of 8.1 B or Gross Profit of 2 B, as well as many indicators such as Price To Sales Ratio of 0.98, Dividend Yield of 0.0224 or PTB Ratio of 1.11. Western financial statements analysis is a perfect complement when working with Western Digital Valuation or Volatility modules.
  
Check out the analysis of Western Digital Correlation against competitors.
For information on how to trade Western Stock refer to our How to Trade Western Stock guide.

Latest Western Digital's Days Of Payables Outstanding Growth Pattern

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

Western Days Of Payables Outstanding Regression Statistics

Arithmetic Mean66.92
Geometric Mean66.37
Coefficient Of Variation13.32
Mean Deviation7.73
Median62.78
Standard Deviation8.91
Sample Variance79.39
Range24.5494
R-Value(0.55)
Mean Square Error59.70
R-Squared0.30
Significance0.03
Slope(1.09)
Total Sum of Squares1,111

Western Days Of Payables Outstanding History

2024 55.46
2022 62.56
2016 62.78
2011 78.51
2010 53.96

About Western Digital Financial Statements

Western Digital stakeholders use historical fundamental indicators, such as Western Digital's Days Of Payables Outstanding, to determine how well the company is positioned to perform in the future. Although Western Digital investors may analyze each financial statement separately, they are all interrelated. For example, changes in Western Digital's assets and liabilities are reflected in the revenues and expenses on Western Digital'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 Western Digital. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Of Payables Outstanding 62.56  55.46 

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When determining whether Western Digital offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Western Digital'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 Western Digital Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Western Digital Stock:
Check out the analysis of Western Digital Correlation against competitors.
For information on how to trade Western Stock refer to our How to Trade Western Stock guide.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Is Technology Hardware, Storage & Peripherals 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 Western Digital. If investors know Western 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 Western Digital 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
(0.96)
Earnings Share
0.91
Revenue Per Share
43.315
Quarterly Revenue Growth
(0.41)
Return On Assets
0.0404
The market value of Western Digital is measured differently than its book value, which is the value of Western that is recorded on the company's balance sheet. Investors also form their own opinion of Western Digital's value that differs from its market value or its book value, called intrinsic value, which is Western Digital'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 Western Digital's market value can be influenced by many factors that don't directly affect Western Digital'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 Western Digital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Western Digital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Western Digital'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.