Citi Days Of Inventory Outstanding from 2010 to 2024

CTRN Stock  USD 24.99  0.64  2.63%   
Citi Trends Days Of Inventory Outstanding yearly trend continues to be very stable with very little volatility. Days Of Inventory Outstanding is likely to grow to 114.33 this year. During the period from 2010 to 2024, Citi Trends Days Of Inventory Outstanding quarterly data regression pattern had sample variance of  40.33 and median of  104.11. View All Fundamentals
 
Days Of Inventory Outstanding  
First Reported
2010-12-31
Previous Quarter
102.86346351
Current Value
114.32594595
Quarterly Volatility
6.35049153
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Citi Trends financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Citi Trends' main balance sheet or income statement drivers, such as Interest Expense of 214.8 K, Selling General Administrative of 268.8 M or Total Revenue of 597.1 M, as well as many indicators such as Price To Sales Ratio of 0.51, Dividend Yield of 0.0117 or PTB Ratio of 1.63. Citi financial statements analysis is a perfect complement when working with Citi Trends Valuation or Volatility modules.
  
Check out the analysis of Citi Trends Correlation against competitors.
To learn how to invest in Citi Stock, please use our How to Invest in Citi Trends guide.

Latest Citi Trends' Days Of Inventory Outstanding Growth Pattern

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

Citi Days Of Inventory Outstanding Regression Statistics

Arithmetic Mean107.91
Geometric Mean107.74
Coefficient Of Variation5.89
Mean Deviation5.73
Median104.11
Standard Deviation6.35
Sample Variance40.33
Range14.1943
R-Value(0.59)
Mean Square Error28.16
R-Squared0.35
Significance0.02
Slope(0.84)
Total Sum of Squares564.60

Citi Days Of Inventory Outstanding History

2024 114.33
2020 102.86
2014 104.11

About Citi Trends Financial Statements

Citi Trends investors utilize fundamental indicators, such as Days Of Inventory Outstanding, to predict how Citi Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Days Of Inventory Outstanding 102.86  114.33 

Pair Trading with Citi Trends

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Citi Trends position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Citi Trends will appreciate offsetting losses from the drop in the long position's value.

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The ability to find closely correlated positions to Citi Trends could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Citi Trends when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Citi Trends - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Citi Trends to buy it.
The correlation of Citi Trends is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Citi Trends moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Citi Trends moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Citi Trends can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Citi Trends offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Citi Trends' 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 Citi Trends Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Citi Trends Stock:
Check out the analysis of Citi Trends Correlation against competitors.
To learn how to invest in Citi Stock, please use our How to Invest in Citi Trends guide.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Specialty Retail 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 Citi Trends. If investors know Citi 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 Citi Trends 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
(0.48)
Earnings Share
(3.06)
Revenue Per Share
91.639
Quarterly Revenue Growth
0.017
Return On Assets
(0.04)
The market value of Citi Trends is measured differently than its book value, which is the value of Citi that is recorded on the company's balance sheet. Investors also form their own opinion of Citi Trends' value that differs from its market value or its book value, called intrinsic value, which is Citi Trends' 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 Citi Trends' market value can be influenced by many factors that don't directly affect Citi Trends' 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 Citi Trends' value and its price as these two are different measures arrived at by different means. Investors typically determine if Citi Trends is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Citi Trends' 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.