Ardmore Days Sales Outstanding from 2010 to 2024

ASC Stock  USD 11.47  0.37  3.12%   
Ardmore Shpng's Days Sales Outstanding is increasing over the years with slightly volatile fluctuation. Days Sales Outstanding is expected to dwindle to 33.48. During the period from 2010 to 2024 Ardmore Shpng Days Sales Outstanding annual values regression line had geometric mean of  37.86 and mean square error of  203.88. View All Fundamentals
 
Days Sales Outstanding  
First Reported
2010-12-31
Previous Quarter
51.83472314
Current Value
33.48
Quarterly Volatility
14.79609031
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Ardmore Shpng financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ardmore Shpng's main balance sheet or income statement drivers, such as Depreciation And Amortization of 27.7 M, Interest Expense of 15.3 M or Selling General Administrative of 14.8 M, as well as many indicators such as Price To Sales Ratio of 2.5, Dividend Yield of 0.0903 or PTB Ratio of 0.91. Ardmore financial statements analysis is a perfect complement when working with Ardmore Shpng Valuation or Volatility modules.
  
Check out the analysis of Ardmore Shpng Correlation against competitors.
For information on how to trade Ardmore Stock refer to our How to Trade Ardmore Stock guide.

Latest Ardmore Shpng's Days Sales Outstanding Growth Pattern

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

Ardmore Days Sales Outstanding Regression Statistics

Arithmetic Mean41.12
Geometric Mean37.86
Coefficient Of Variation35.98
Mean Deviation11.70
Median39.31
Standard Deviation14.80
Sample Variance218.92
Range54.5403
R-Value0.37
Mean Square Error203.88
R-Squared0.14
Significance0.18
Slope1.22
Total Sum of Squares3,065

Ardmore Days Sales Outstanding History

2024 33.48
2023 51.83
2022 65.38
2021 38.5
2020 29.54
2019 47.73
2018 47.69

About Ardmore Shpng Financial Statements

Ardmore Shpng stakeholders use historical fundamental indicators, such as Ardmore Shpng's Days Sales Outstanding, to determine how well the company is positioned to perform in the future. Although Ardmore Shpng investors may analyze each financial statement separately, they are all interrelated. For example, changes in Ardmore Shpng's assets and liabilities are reflected in the revenues and expenses on Ardmore Shpng'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 Ardmore Shpng. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Sales Outstanding 51.83  33.48 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Ardmore Shpng offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ardmore Shpng'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 Ardmore Shpng Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ardmore Shpng Stock:
Check out the analysis of Ardmore Shpng Correlation against competitors.
For information on how to trade Ardmore Stock refer to our How to Trade Ardmore Stock guide.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Oil & Gas Storage & Transportation 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 Ardmore Shpng. If investors know Ardmore 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 Ardmore Shpng 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
0.122
Dividend Share
1.08
Earnings Share
3.55
Revenue Per Share
10.166
Quarterly Revenue Growth
0.106
The market value of Ardmore Shpng is measured differently than its book value, which is the value of Ardmore that is recorded on the company's balance sheet. Investors also form their own opinion of Ardmore Shpng's value that differs from its market value or its book value, called intrinsic value, which is Ardmore Shpng'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 Ardmore Shpng's market value can be influenced by many factors that don't directly affect Ardmore Shpng'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 Ardmore Shpng's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ardmore Shpng is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ardmore Shpng'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.