Credicorp Days Sales Outstanding from 2010 to 2024

BAP Stock  USD 191.00  0.12  0.06%   
Credicorp Days Sales Outstanding yearly trend continues to be relatively stable with very little volatility. Days Sales Outstanding is likely to grow to 295.98 this year. During the period from 2010 to 2024, Credicorp Days Sales Outstanding destribution of quarterly values had range of 254 from its regression line and mean deviation of  97.68. View All Fundamentals
 
Days Sales Outstanding  
First Reported
2010-12-31
Previous Quarter
281.88652476
Current Value
295.98
Quarterly Volatility
104.97381587
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Credicorp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Credicorp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 357.1 M, Interest Expense of 6.2 B or Selling General Administrative of 7 B, as well as many indicators such as Price To Sales Ratio of 2.15, Dividend Yield of 0.0472 or PTB Ratio of 1.55. Credicorp financial statements analysis is a perfect complement when working with Credicorp Valuation or Volatility modules.
  
Check out the analysis of Credicorp Correlation against competitors.
To learn how to invest in Credicorp Stock, please use our How to Invest in Credicorp guide.

Latest Credicorp's Days Sales Outstanding Growth Pattern

Below is the plot of the Days Sales Outstanding of Credicorp over the last few years. It is Credicorp's Days Sales Outstanding historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Credicorp'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  

Credicorp Days Sales Outstanding Regression Statistics

Arithmetic Mean157.57
Geometric Mean125.95
Coefficient Of Variation66.62
Mean Deviation97.68
Median80.13
Standard Deviation104.97
Sample Variance11,020
Range254
R-Value0.82
Mean Square Error3,842
R-Squared0.68
Significance0.0002
Slope19.30
Total Sum of Squares154,273

Credicorp Days Sales Outstanding History

2024 295.98
2023 281.89
2022 258.83
2021 306.47
2020 270.68
2019 264.21
2018 77.74

About Credicorp Financial Statements

Credicorp shareholders use historical fundamental indicators, such as Days Sales Outstanding, to determine how well the company is positioned to perform in the future. Although Credicorp investors may analyze each financial statement separately, they are all interrelated. The changes in Credicorp's assets and liabilities, for example, are also reflected in the revenues and expenses on on Credicorp'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 281.89  295.98 

Pair Trading with Credicorp

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

Moving together with Credicorp Stock

  0.64AX Axos FinancialPairCorr
  0.62BY Byline Bancorp Fiscal Year End 23rd of January 2025 PairCorr
  0.66PB Prosperity Bancshares Fiscal Year End 22nd of January 2025 PairCorr

Moving against Credicorp Stock

  0.76TFC-PO Truist FinancialPairCorr
  0.72TFC-PR Truist FinancialPairCorr
  0.7CFG-PE Citizens FinancialPairCorr
The ability to find closely correlated positions to Credicorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Credicorp 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 Credicorp - 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 Credicorp to buy it.
The correlation of Credicorp 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 Credicorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Credicorp 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 Credicorp 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 Credicorp Stock Analysis

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