Cognizant Days Of Inventory On Hand from 2010 to 2024

CTSH Stock  USD 79.20  0.69  0.86%   
Cognizant Technology's Days Of Inventory On Hand is increasing with slightly volatile movements from year to year. Days Of Inventory On Hand is predicted to flatten to 22.29. For the period between 2010 and 2024, Cognizant Technology, Days Of Inventory On Hand quarterly trend regression had mean deviation of  1.48 and range of 11.2826. View All Fundamentals
 
Days Of Inventory On Hand  
First Reported
2010-12-31
Previous Quarter
22.53
Current Value
22.29
Quarterly Volatility
2.55131926
 
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Covid
Check Cognizant Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cognizant Technology's main balance sheet or income statement drivers, such as Depreciation And Amortization of 545 M, Interest Expense of 43 M or Selling General Administrative of 3.5 B, as well as many indicators such as Price To Sales Ratio of 1.87, Dividend Yield of 0.0101 or PTB Ratio of 2.74. Cognizant financial statements analysis is a perfect complement when working with Cognizant Technology Valuation or Volatility modules.
  
Check out the analysis of Cognizant Technology Correlation against competitors.

Latest Cognizant Technology's Days Of Inventory On Hand Growth Pattern

Below is the plot of the Days Of Inventory On Hand of Cognizant Technology Solutions over the last few years. It is Cognizant Technology's Days Of Inventory On Hand historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cognizant Technology's overall financial position and show how it may be relating to other accounts over time.
Days Of Inventory On Hand10 Years Trend
Slightly volatile
   Days Of Inventory On Hand   
       Timeline  

Cognizant Days Of Inventory On Hand Regression Statistics

Arithmetic Mean19.11
Geometric Mean18.91
Coefficient Of Variation13.35
Mean Deviation1.48
Median19.60
Standard Deviation2.55
Sample Variance6.51
Range11.2826
R-Value0.68
Mean Square Error3.77
R-Squared0.46
Significance0.01
Slope0.39
Total Sum of Squares91.13

Cognizant Days Of Inventory On Hand History

2024 22.29
2023 22.53
2014 19.6
2013 17.76
2012 17.22
2011 11.25
2010 19.19

About Cognizant Technology Financial Statements

Investors use fundamental indicators, such as Cognizant Technology's Days Of Inventory On Hand, to determine how well the company is positioned to perform in the future. Although Cognizant Technology's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Days Of Inventory On Hand 22.53  22.29 

Currently Active Assets on Macroaxis

When determining whether Cognizant Technology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cognizant Technology'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 Cognizant Technology Solutions Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cognizant Technology Solutions Stock:
Is IT Consulting & Other Services 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 Cognizant Technology. If investors know Cognizant 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 Cognizant Technology 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
0.125
Dividend Share
1.2
Earnings Share
4.52
Revenue Per Share
38.96
Quarterly Revenue Growth
0.03
The market value of Cognizant Technology is measured differently than its book value, which is the value of Cognizant that is recorded on the company's balance sheet. Investors also form their own opinion of Cognizant Technology's value that differs from its market value or its book value, called intrinsic value, which is Cognizant Technology'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 Cognizant Technology's market value can be influenced by many factors that don't directly affect Cognizant Technology'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 Cognizant Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cognizant Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cognizant Technology'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.