Castle Days Of Sales Outstanding from 2010 to 2024

CSTL Stock  USD 32.26  0.39  1.22%   
Castle Biosciences Days Of Sales Outstanding yearly trend continues to be quite stable with very little volatility. Days Of Sales Outstanding may rise above 108.08 this year. From the period between 2010 and 2024, Castle Biosciences, Days Of Sales Outstanding regression line of its data series had standard deviation of  33.82 and standard deviation of  33.82. View All Fundamentals
 
Days Of Sales Outstanding  
First Reported
2010-12-31
Previous Quarter
63.60779478
Current Value
108.08
Quarterly Volatility
33.82426981
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Castle Biosciences financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Castle Biosciences' main balance sheet or income statement drivers, such as Tax Provision of 125 K, Net Interest Income of 10.3 M or Interest Income of 10.3 M, as well as many indicators such as Price To Sales Ratio of 2.5, Dividend Yield of 0.0 or PTB Ratio of 1.55. Castle financial statements analysis is a perfect complement when working with Castle Biosciences Valuation or Volatility modules.
  
Check out the analysis of Castle Biosciences Correlation against competitors.
For more information on how to buy Castle Stock please use our How to buy in Castle Stock guide.

Latest Castle Biosciences' Days Of Sales Outstanding Growth Pattern

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

Castle Days Of Sales Outstanding Regression Statistics

Arithmetic Mean110.67
Geometric Mean105.74
Coefficient Of Variation30.56
Mean Deviation24.71
Median123.46
Standard Deviation33.82
Sample Variance1,144
Range131
R-Value(0.53)
Mean Square Error890.49
R-Squared0.28
Significance0.04
Slope(3.98)
Total Sum of Squares16,017

Castle Days Of Sales Outstanding History

2024 108.08
2023 63.61
2022 62.53
2021 67.05
2020 74.34
2019 103.09
2018 193.66

About Castle Biosciences Financial Statements

Castle Biosciences investors utilize fundamental indicators, such as Days Of Sales Outstanding, to predict how Castle 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 ReportedProjected for Next Year
Days Of Sales Outstanding 63.61  108.08 

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When determining whether Castle Biosciences is a strong investment it is important to analyze Castle Biosciences' 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 Castle Biosciences' future performance. For an informed investment choice regarding Castle Stock, refer to the following important reports:
Check out the analysis of Castle Biosciences Correlation against competitors.
For more information on how to buy Castle Stock please use our How to buy in Castle Stock guide.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Biotechnology 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 Castle Biosciences. If investors know Castle 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 Castle Biosciences 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
(0.93)
Earnings Share
(0.12)
Revenue Per Share
10.554
Quarterly Revenue Growth
0.735
Return On Assets
(0.02)
The market value of Castle Biosciences is measured differently than its book value, which is the value of Castle that is recorded on the company's balance sheet. Investors also form their own opinion of Castle Biosciences' value that differs from its market value or its book value, called intrinsic value, which is Castle Biosciences' 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 Castle Biosciences' market value can be influenced by many factors that don't directly affect Castle Biosciences' 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 Castle Biosciences' value and its price as these two are different measures arrived at by different means. Investors typically determine if Castle Biosciences is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Castle Biosciences' 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.