Corpay Fixed Asset Turnover from 2010 to 2024

CPAY Stock   343.83  4.74  1.40%   
Corpay Fixed Asset Turnover yearly trend continues to be fairly stable with very little volatility. Fixed Asset Turnover is likely to outpace its year average in 2024. During the period from 2010 to 2024, Corpay Fixed Asset Turnover regression line of annual values had r-squared of  0.47 and arithmetic mean of  14.02. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
8.744311
Current Value
14.59
Quarterly Volatility
3.28593191
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Corpay financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Corpay's main balance sheet or income statement drivers, such as Depreciation And Amortization of 251.7 M, Selling General Administrative of 415.6 M or Selling And Marketing Expenses of 203.6 M, as well as many indicators such as Price To Sales Ratio of 8.66, Dividend Yield of 0.0 or PTB Ratio of 4.61. Corpay financial statements analysis is a perfect complement when working with Corpay Valuation or Volatility modules.
  
Check out the analysis of Corpay Correlation against competitors.

Latest Corpay's Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of Corpay Inc over the last few years. It is Corpay's Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Corpay's overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Slightly volatile
   Fixed Asset Turnover   
       Timeline  

Corpay Fixed Asset Turnover Regression Statistics

Arithmetic Mean14.02
Geometric Mean13.65
Coefficient Of Variation23.44
Mean Deviation2.70
Median13.07
Standard Deviation3.29
Sample Variance10.80
Range12.3412
R-Value(0.69)
Mean Square Error6.16
R-Squared0.47
Significance0
Slope(0.50)
Total Sum of Squares151.16

Corpay Fixed Asset Turnover History

2024 14.59
2023 8.74
2022 11.63
2021 11.99
2020 11.8
2019 9.32
2018 13.07

About Corpay Financial Statements

Corpay investors use historical fundamental indicators, such as Corpay's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Corpay. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 8.74  14.59 

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Additional Tools for Corpay Stock Analysis

When running Corpay's price analysis, check to measure Corpay's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Corpay is operating at the current time. Most of Corpay's value examination focuses on studying past and present price action to predict the probability of Corpay's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Corpay's price. Additionally, you may evaluate how the addition of Corpay to your portfolios can decrease your overall portfolio volatility.