Escalade Days Of Inventory Outstanding from 2010 to 2024

ESCA Stock  USD 13.67  0.33  2.36%   
Escalade Incorporated's Days Of Inventory Outstanding is increasing over the years with slightly volatile fluctuation. Overall, Days Of Inventory Outstanding is expected to go to 173.47 this year. From 2010 to 2024 Escalade Incorporated Days Of Inventory Outstanding quarterly data regression line had arithmetic mean of  142.86 and r-squared of  0.59. View All Fundamentals
 
Days Of Inventory Outstanding  
First Reported
2010-12-31
Previous Quarter
165.21174887
Current Value
173.47
Quarterly Volatility
29.05896806
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Escalade Incorporated financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Escalade main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.7 M, Interest Expense of 5.6 M or Total Revenue of 158.7 M, as well as many exotic indicators such as Price To Sales Ratio of 1.1, Dividend Yield of 0.0213 or PTB Ratio of 1.21. Escalade financial statements analysis is a perfect complement when working with Escalade Incorporated Valuation or Volatility modules.
  
This module can also supplement Escalade Incorporated's financial leverage analysis and stock options assessment as well as various Escalade Incorporated Technical models . Check out the analysis of Escalade Incorporated Correlation against competitors.
For information on how to trade Escalade Stock refer to our How to Trade Escalade Stock guide.

Latest Escalade Incorporated's Days Of Inventory Outstanding Growth Pattern

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

Escalade Days Of Inventory Outstanding Regression Statistics

Arithmetic Mean142.86
Geometric Mean139.72
Coefficient Of Variation20.34
Mean Deviation18.37
Median142.59
Standard Deviation29.06
Sample Variance844.42
Range107
R-Value0.77
Mean Square Error374.04
R-Squared0.59
Significance0.0008
Slope4.99
Total Sum of Squares11,822

Escalade Days Of Inventory Outstanding History

2024 173.47
2023 165.21
2021 185.25
2016 100.0
2012 142.59
2011 114.52
2010 78.44

About Escalade Incorporated Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Escalade Incorporated income statement, its balance sheet, and the statement of cash flows. Escalade Incorporated investors use historical funamental indicators, such as Escalade Incorporated's Days Of Inventory Outstanding, to determine how well the company is positioned to perform in the future. Although Escalade Incorporated investors may use each financial statement separately, they are all related. The changes in Escalade Incorporated's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Escalade Incorporated's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Escalade Incorporated Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Escalade Incorporated. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Of Inventory Outstanding 165.21  173.47 
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Escalade Incorporated in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Escalade Incorporated's short interest history, or implied volatility extrapolated from Escalade Incorporated options trading.

Pair Trading with Escalade Incorporated

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 Escalade Incorporated 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 Escalade Incorporated will appreciate offsetting losses from the drop in the long position's value.

Moving against Escalade Stock

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The ability to find closely correlated positions to Escalade Incorporated could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Escalade Incorporated 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 Escalade Incorporated - 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 Escalade Incorporated to buy it.
The correlation of Escalade Incorporated 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 Escalade Incorporated moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Escalade Incorporated 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 Escalade Incorporated 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.
Pair CorrelationCorrelation Matching
When determining whether Escalade Incorporated offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Escalade Incorporated'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 Escalade Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Escalade Incorporated Stock:
Check out the analysis of Escalade Incorporated Correlation against competitors.
For information on how to trade Escalade Stock refer to our How to Trade Escalade Stock guide.
Note that the Escalade Incorporated information on this page should be used as a complementary analysis to other Escalade Incorporated's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

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Is Escalade Incorporated's industry 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 Escalade Incorporated. If investors know Escalade 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 Escalade Incorporated 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
0.072
Dividend Share
0.6
Earnings Share
0.71
Revenue Per Share
19.219
Quarterly Revenue Growth
(0.09)
The market value of Escalade Incorporated is measured differently than its book value, which is the value of Escalade that is recorded on the company's balance sheet. Investors also form their own opinion of Escalade Incorporated's value that differs from its market value or its book value, called intrinsic value, which is Escalade Incorporated'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 Escalade Incorporated's market value can be influenced by many factors that don't directly affect Escalade Incorporated'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 Escalade Incorporated's value and its price as these two are different measures arrived at by different means. Investors typically determine if Escalade Incorporated is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Escalade Incorporated'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.