Comerica Days Of Sales Outstanding from 2010 to 2024

CMA Stock  USD 72.32  0.32  0.44%   
Comerica's Days Of Sales Outstanding is increasing over the years with slightly volatile fluctuation. Days Of Sales Outstanding is expected to dwindle to 369.23. From 2010 to 2024 Comerica Days Of Sales Outstanding quarterly data regression line had arithmetic mean of  508.67 and r-squared of  0.44. View All Fundamentals
 
Days Of Sales Outstanding  
First Reported
2010-12-31
Previous Quarter
699.29
Current Value
369.23
Quarterly Volatility
184.66237279
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Comerica financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Comerica's main balance sheet or income statement drivers, such as Interest Expense of 1.7 B, Other Operating Expenses of 4.2 B or Operating Income of 1.4 B, as well as many indicators such as Price To Sales Ratio of 2.35, Dividend Yield of 0.0385 or PTB Ratio of 1.75. Comerica financial statements analysis is a perfect complement when working with Comerica Valuation or Volatility modules.
  
Check out the analysis of Comerica Correlation against competitors.
For information on how to trade Comerica Stock refer to our How to Trade Comerica Stock guide.

Latest Comerica's Days Of Sales Outstanding Growth Pattern

Below is the plot of the Days Of Sales Outstanding of Comerica over the last few years. It is Comerica's Days Of Sales Outstanding historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Comerica's 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  

Comerica Days Of Sales Outstanding Regression Statistics

Arithmetic Mean508.67
Geometric Mean458.04
Coefficient Of Variation36.30
Mean Deviation138.68
Median450.88
Standard Deviation184.66
Sample Variance34,100
Range707
R-Value0.66
Mean Square Error20,638
R-Squared0.44
Significance0.01
Slope27.33
Total Sum of Squares477,403

Comerica Days Of Sales Outstanding History

2024 369.23
2023 699.29
2022 776.99
2021 768.01
2020 746.29
2019 592.87

About Comerica Financial Statements

Comerica stakeholders use historical fundamental indicators, such as Comerica's Days Of Sales Outstanding, to determine how well the company is positioned to perform in the future. Although Comerica investors may analyze each financial statement separately, they are all interrelated. For example, changes in Comerica's assets and liabilities are reflected in the revenues and expenses on Comerica'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 Comerica. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Of Sales Outstanding 699.29  369.23 

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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 Comerica offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Comerica'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 Comerica Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Comerica Stock:
Check out the analysis of Comerica Correlation against competitors.
For information on how to trade Comerica Stock refer to our How to Trade Comerica Stock guide.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Regional Banks 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 Comerica. If investors know Comerica 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 Comerica 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
(0.28)
Dividend Share
2.84
Earnings Share
4
Revenue Per Share
23.812
Quarterly Revenue Growth
(0.1)
The market value of Comerica is measured differently than its book value, which is the value of Comerica that is recorded on the company's balance sheet. Investors also form their own opinion of Comerica's value that differs from its market value or its book value, called intrinsic value, which is Comerica'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 Comerica's market value can be influenced by many factors that don't directly affect Comerica'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 Comerica's value and its price as these two are different measures arrived at by different means. Investors typically determine if Comerica is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Comerica'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.