Toronto Days Sales Outstanding from 2010 to 2024

TD Stock  USD 53.85  0.36  0.67%   
Toronto Dominion's Days Sales Outstanding is increasing over the years with very volatile fluctuation. Days Sales Outstanding is expected to dwindle to 259.63. During the period from 2010 to 2024 Toronto Dominion Days Sales Outstanding annual values regression line had geometric mean of  315.27 and mean square error of  4,630. View All Fundamentals
 
Days Sales Outstanding  
First Reported
2010-12-31
Previous Quarter
261.98
Current Value
259.63
Quarterly Volatility
65.68120698
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Toronto Dominion financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Toronto Dominion's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.1 B, Interest Expense of 66.1 B or Selling General Administrative of 24.5 B, as well as many indicators such as Price To Sales Ratio of 2.46, Ptb Ratio of 1.93 or Days Sales Outstanding of 260. Toronto financial statements analysis is a perfect complement when working with Toronto Dominion Valuation or Volatility modules.
  
Check out the analysis of Toronto Dominion Correlation against competitors.

Latest Toronto Dominion's Days Sales Outstanding Growth Pattern

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

Toronto Days Sales Outstanding Regression Statistics

Arithmetic Mean321.76
Geometric Mean315.27
Coefficient Of Variation20.41
Mean Deviation52.64
Median321.63
Standard Deviation65.68
Sample Variance4,314
Range203
R-Value0.06
Mean Square Error4,630
R-Squared0
Significance0.84
Slope0.85
Total Sum of Squares60,396

Toronto Days Sales Outstanding History

2024 259.63
2023 261.98
2022 291.09
2021 321.63
2020 393.44
2019 416.41
2018 309.99

About Toronto Dominion Financial Statements

Toronto Dominion stakeholders use historical fundamental indicators, such as Toronto Dominion's Days Sales Outstanding, to determine how well the company is positioned to perform in the future. Although Toronto Dominion investors may analyze each financial statement separately, they are all interrelated. For example, changes in Toronto Dominion's assets and liabilities are reflected in the revenues and expenses on Toronto Dominion's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Toronto Dominion Bank. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Sales Outstanding 261.98  259.63 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out the analysis of Toronto Dominion Correlation against competitors.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Diversified Banks 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 Toronto Dominion. If investors know Toronto 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 Toronto Dominion 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
(0.20)
Earnings Share
3.33
Revenue Per Share
29.497
Quarterly Revenue Growth
0.079
Return On Assets
0.0043
The market value of Toronto Dominion Bank is measured differently than its book value, which is the value of Toronto that is recorded on the company's balance sheet. Investors also form their own opinion of Toronto Dominion's value that differs from its market value or its book value, called intrinsic value, which is Toronto Dominion's 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 Toronto Dominion's market value can be influenced by many factors that don't directly affect Toronto Dominion's 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 Toronto Dominion's value and its price as these two are different measures arrived at by different means. Investors typically determine if Toronto Dominion is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Toronto Dominion's 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.