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Alcoa Accrued Expenses Turnover Trend from 2010 to 2020

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AA -- USA Stock  

Fiscal Quarter End: March 31, 2020  

Alcoa Accrued Expenses Turnover is decreasing over the years with very volatile fluctuation. Accrued Expenses Turnover is expected to dwindle to 35.33. From 2010 to 2020 Alcoa Accrued Expenses Turnover quarterly data regression line had arithmetic mean of 31.66 and r-squared of  0.00016527. Alcoa Direct Expenses is expected to significantly decrease based on the last few years of reporting. The last year's Direct Expenses was at 11.59 Billion. The current year Consolidated Income is expected to grow to about 1.1 B, whereas Cost of Revenue is expected to decline to about 8.8 B. Check Alcoa fundamental indicators over time to gain insight into the future company performance. Apply historical fundamental analysis to find patterns among financial statement drivers such as Direct Expenses of 11.7 B, Consolidated Income of 1.1 B or Cost of Revenue of 8.8 B, as well as many exotic indicators such as Interest Coverage of 13.62, Long Term Debt to Equity of 0.2378 or Calculated Tax Rate of 55.24. This can be a perfect complement to check Alcoa Valuation or Volatility. It can also complement various Alcoa Technical models. Please continue to the analysis of Alcoa Correlation with competitors.

Alcoa Accrued Expenses Turnover Marginal Breakdown

Showing smoothed Accrued Expenses Turnover of Alcoa Corporation with missing and latest data points interpolated.
Accrued Expenses Turnover10 Years Trend
Decreasing
Very volatile
 Accrued Expenses Turnover 
    
  Timeline 

Alcoa Regression Statistics

Arithmetic Mean 31.66
Geometric Mean 31.45
Coefficient Of Variation 11.50
Mean Deviation 2.57
Median 32.70
Standard Deviation 3.64
Sample Variance 13.25
Range 11.72
R-Value(0.012856)
Mean Square Error 14.72
R-Squared 0.00016527
Significance 0.97
Slope(0.014108)
Total Sum of Squares 132.47

Alcoa Accrued Expenses Turnover Over Time

2018  31.21 
2019  35.89 
2020  35.33