Reservoir Days Sales Outstanding from 2010 to 2024

RSVR Stock  USD 9.05  0.13  1.42%   
Reservoir Media Days Sales Outstanding yearly trend continues to be relatively stable with very little volatility. Days Sales Outstanding is likely to drop to 61.18. During the period from 2010 to 2024, Reservoir Media Days Sales Outstanding destribution of quarterly values had range of 37.0451 from its regression line and mean deviation of  6.65. View All Fundamentals
 
Days Sales Outstanding  
First Reported
2010-12-31
Previous Quarter
83.72466715
Current Value
61.18
Quarterly Volatility
9.42814371
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Reservoir Media financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Reservoir Media's main balance sheet or income statement drivers, such as Depreciation And Amortization of 17.4 M, Interest Expense of 22.1 M or Selling General Administrative of 24.2 M, as well as many indicators such as Price To Sales Ratio of 2.06, Dividend Yield of 10.46 or PTB Ratio of 1.41. Reservoir financial statements analysis is a perfect complement when working with Reservoir Media Valuation or Volatility modules.
  
Check out the analysis of Reservoir Media Correlation against competitors.
To learn how to invest in Reservoir Stock, please use our How to Invest in Reservoir Media guide.

Latest Reservoir Media's Days Sales Outstanding Growth Pattern

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

Reservoir Days Sales Outstanding Regression Statistics

Arithmetic Mean71.10
Geometric Mean70.55
Coefficient Of Variation13.26
Mean Deviation6.65
Median68.30
Standard Deviation9.43
Sample Variance88.89
Range37.0451
R-Value0.38
Mean Square Error82.13
R-Squared0.14
Significance0.17
Slope0.79
Total Sum of Squares1,244

Reservoir Days Sales Outstanding History

2024 61.18
2023 83.72
2022 93.29
2021 85.33
2020 71.93
2019 56.25

About Reservoir Media Financial Statements

Reservoir Media shareholders use historical fundamental indicators, such as Days Sales Outstanding, to determine how well the company is positioned to perform in the future. Although Reservoir Media investors may analyze each financial statement separately, they are all interrelated. The changes in Reservoir Media's assets and liabilities, for example, are also reflected in the revenues and expenses on on Reservoir Media'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
Days Sales Outstanding 83.72  61.18 

Pair Trading with Reservoir Media

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 Reservoir Media 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 Reservoir Media will appreciate offsetting losses from the drop in the long position's value.

Moving together with Reservoir Stock

  0.81SE SeaPairCorr
  0.79DIS Walt DisneyPairCorr

Moving against Reservoir Stock

  0.78TU Telus CorpPairCorr
  0.74TC TuanChe ADRPairCorr
  0.64KUKE Kuke Music HoldingPairCorr
  0.46TV Grupo Televisa SABPairCorr
  0.36IQ iQIYI Inc Aggressive PushPairCorr
The ability to find closely correlated positions to Reservoir Media could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Reservoir Media 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 Reservoir Media - 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 Reservoir Media to buy it.
The correlation of Reservoir Media 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 Reservoir Media moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Reservoir Media 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 Reservoir Media 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

Additional Tools for Reservoir Stock Analysis

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