Copart Fixed Asset Turnover from 2010 to 2024

CPRT Stock  USD 63.39  0.12  0.19%   
Copart Fixed Asset Turnover yearly trend continues to be comparatively stable with very little volatility. Fixed Asset Turnover is likely to outpace its year average in 2024. From the period from 2010 to 2024, Copart Fixed Asset Turnover quarterly data regression had r-value of (0.45) and coefficient of variation of  51.80. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
1.28695143
Current Value
2.19
Quarterly Volatility
0.88308462
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Copart financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Copart's main balance sheet or income statement drivers, such as Depreciation And Amortization of 199.2 M, Interest Expense of 153 M or Total Revenue of 4.4 B, as well as many indicators such as Price To Sales Ratio of 12.46, Dividend Yield of 0.0 or PTB Ratio of 3.76. Copart financial statements analysis is a perfect complement when working with Copart Valuation or Volatility modules.
  
Check out the analysis of Copart Correlation against competitors.

Latest Copart's Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of Copart Inc over the last few years. It is Copart's Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Copart'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  

Copart Fixed Asset Turnover Regression Statistics

Arithmetic Mean1.70
Geometric Mean1.58
Coefficient Of Variation51.80
Mean Deviation0.47
Median1.54
Standard Deviation0.88
Sample Variance0.78
Range3.6794
R-Value(0.45)
Mean Square Error0.67
R-Squared0.20
Significance0.09
Slope(0.09)
Total Sum of Squares10.92

Copart Fixed Asset Turnover History

2024 2.19
2023 1.29
2022 1.31
2021 1.35
2020 1.11
2019 1.07
2018 1.43

About Copart Financial Statements

Copart shareholders use historical fundamental indicators, such as Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Copart investors may analyze each financial statement separately, they are all interrelated. The changes in Copart's assets and liabilities, for example, are also reflected in the revenues and expenses on on Copart's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Fixed Asset Turnover 1.29  2.19 

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Additional Tools for Copart Stock Analysis

When running Copart's price analysis, check to measure Copart'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 Copart is operating at the current time. Most of Copart's value examination focuses on studying past and present price action to predict the probability of Copart's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Copart's price. Additionally, you may evaluate how the addition of Copart to your portfolios can decrease your overall portfolio volatility.