Medpace Days Sales Outstanding from 2010 to 2024
MEDP Stock | USD 341.95 10.27 2.92% |
Days Sales Outstanding | First Reported 2010-12-31 | Previous Quarter 57.75457329 | Current Value 73.27 | Quarterly Volatility 8.86975657 |
Check Medpace Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Medpace Holdings' main balance sheet or income statement drivers, such as Depreciation And Amortization of 34.3 M, Interest Expense of 463.6 K or Selling General Administrative of 91.4 M, as well as many indicators such as Price To Sales Ratio of 3.21, Dividend Yield of 0.0 or PTB Ratio of 17.69. Medpace financial statements analysis is a perfect complement when working with Medpace Holdings Valuation or Volatility modules.
Medpace | Days Sales Outstanding |
Latest Medpace Holdings' Days Sales Outstanding Growth Pattern
Below is the plot of the Days Sales Outstanding of Medpace Holdings over the last few years. It is Medpace Holdings' Days Sales Outstanding historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Medpace Holdings' overall financial position and show how it may be relating to other accounts over time.
Days Sales Outstanding | 10 Years Trend |
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Days Sales Outstanding |
Timeline |
Medpace Days Sales Outstanding Regression Statistics
Arithmetic Mean | 71.19 | |
Geometric Mean | 70.67 | |
Coefficient Of Variation | 12.46 | |
Mean Deviation | 7.56 | |
Median | 69.13 | |
Standard Deviation | 8.87 | |
Sample Variance | 78.67 | |
Range | 24.3563 | |
R-Value | (0.81) | |
Mean Square Error | 29.52 | |
R-Squared | 0.65 | |
Significance | 0.0003 | |
Slope | (1.60) | |
Total Sum of Squares | 1,101 |
Medpace Days Sales Outstanding History
About Medpace Holdings Financial Statements
Medpace Holdings shareholders use historical fundamental indicators, such as Days Sales Outstanding, to determine how well the company is positioned to perform in the future. Although Medpace Holdings investors may analyze each financial statement separately, they are all interrelated. The changes in Medpace Holdings' assets and liabilities, for example, are also reflected in the revenues and expenses on on Medpace Holdings' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last Reported | Projected for Next Year | ||
Days Sales Outstanding | 57.75 | 73.27 |
Pair Trading with Medpace Holdings
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 Medpace Holdings 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 Medpace Holdings will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Medpace Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Medpace Holdings 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 Medpace Holdings - 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 Medpace Holdings to buy it.
The correlation of Medpace Holdings 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 Medpace Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Medpace Holdings 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 Medpace Holdings 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.Additional Tools for Medpace Stock Analysis
When running Medpace Holdings' price analysis, check to measure Medpace Holdings' 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 Medpace Holdings is operating at the current time. Most of Medpace Holdings' value examination focuses on studying past and present price action to predict the probability of Medpace Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Medpace Holdings' price. Additionally, you may evaluate how the addition of Medpace Holdings to your portfolios can decrease your overall portfolio volatility.