Quest Days Of Payables Outstanding from 2010 to 2024

DGX Stock  USD 162.66  0.66  0.40%   
Quest Diagnostics Days Of Payables Outstanding yearly trend continues to be fairly stable with very little volatility. Days Of Payables Outstanding will likely drop to 20.83 in 2024. During the period from 2010 to 2024, Quest Diagnostics Days Of Payables Outstanding regression line of annual values had r-squared of  0.14 and arithmetic mean of  23.57. View All Fundamentals
 
Days Of Payables Outstanding  
First Reported
2010-12-31
Previous Quarter
21.93133047
Current Value
20.83
Quarterly Volatility
14.41624481
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Quest Diagnostics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Quest Diagnostics' main balance sheet or income statement drivers, such as Depreciation And Amortization of 265.1 M, Interest Expense of 99.3 M or Selling General Administrative of 1.5 B, as well as many indicators such as Price To Sales Ratio of 1.13, Dividend Yield of 0.0214 or PTB Ratio of 3.0. Quest financial statements analysis is a perfect complement when working with Quest Diagnostics Valuation or Volatility modules.
  
Check out the analysis of Quest Diagnostics Correlation against competitors.

Latest Quest Diagnostics' Days Of Payables Outstanding Growth Pattern

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

Quest Days Of Payables Outstanding Regression Statistics

Arithmetic Mean23.57
Geometric Mean21.56
Coefficient Of Variation61.17
Mean Deviation7.41
Median19.81
Standard Deviation14.42
Sample Variance207.83
Range58.1848
R-Value(0.37)
Mean Square Error192.47
R-Squared0.14
Significance0.17
Slope(1.21)
Total Sum of Squares2,910

Quest Days Of Payables Outstanding History

2024 20.83
2023 21.93
2022 18.33
2021 19.81
2020 28.05
2019 19.06
2018 16.45

About Quest Diagnostics Financial Statements

Quest Diagnostics investors use historical fundamental indicators, such as Quest Diagnostics' Days Of Payables Outstanding, 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 Quest Diagnostics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Of Payables Outstanding 21.93  20.83 

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Additional Tools for Quest Stock Analysis

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