Castor Days Of Sales Outstanding from 2010 to 2024

CTRM Stock  USD 2.94  0.08  2.80%   
Castor Maritime Days Of Sales Outstanding yearly trend continues to be very stable with very little volatility. Days Of Sales Outstanding is likely to grow to 40.74 this year. During the period from 2010 to 2024, Castor Maritime Days Of Sales Outstanding quarterly data regression pattern had sample variance of  979.34 and median of  79.38. View All Fundamentals
 
Days Of Sales Outstanding  
First Reported
2010-12-31
Previous Quarter
32.0589968
Current Value
40.74
Quarterly Volatility
31.29445377
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Castor Maritime financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Castor Maritime's main balance sheet or income statement drivers, such as Interest Income of 3.4 M, Discontinued Operations of 0.0 or Depreciation And Amortization of 24.1 M, as well as many indicators such as Price To Sales Ratio of 0.4, Dividend Yield of 0.0129 or PTB Ratio of 0.0838. Castor financial statements analysis is a perfect complement when working with Castor Maritime Valuation or Volatility modules.
  
Check out the analysis of Castor Maritime Correlation against competitors.
To learn how to invest in Castor Stock, please use our How to Invest in Castor Maritime guide.

Latest Castor Maritime's Days Of Sales Outstanding Growth Pattern

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

Castor Days Of Sales Outstanding Regression Statistics

Arithmetic Mean52.63
Geometric Mean39.21
Coefficient Of Variation59.46
Mean Deviation29.09
Median79.38
Standard Deviation31.29
Sample Variance979.34
Range79.8649
R-Value(0.69)
Mean Square Error557.98
R-Squared0.47
Significance0
Slope(4.80)
Total Sum of Squares13,711

Castor Days Of Sales Outstanding History

2024 40.74
2023 32.06
2022 3.77
2021 22.73
2020 83.63
2018 13.24
2017 24.47

About Castor Maritime Financial Statements

Castor Maritime investors utilize fundamental indicators, such as Days Of Sales Outstanding, to predict how Castor Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Days Of Sales Outstanding 32.06  40.74 

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When determining whether Castor Maritime is a strong investment it is important to analyze Castor Maritime's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Castor Maritime's future performance. For an informed investment choice regarding Castor Stock, refer to the following important reports:
Check out the analysis of Castor Maritime Correlation against competitors.
To learn how to invest in Castor Stock, please use our How to Invest in Castor Maritime guide.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Marine Transportation 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 Castor Maritime. If investors know Castor 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 Castor Maritime 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
0.187
Earnings Share
3.72
Revenue Per Share
7.911
Quarterly Revenue Growth
(0.37)
Return On Assets
0.0162
The market value of Castor Maritime is measured differently than its book value, which is the value of Castor that is recorded on the company's balance sheet. Investors also form their own opinion of Castor Maritime's value that differs from its market value or its book value, called intrinsic value, which is Castor Maritime'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 Castor Maritime's market value can be influenced by many factors that don't directly affect Castor Maritime'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 Castor Maritime's value and its price as these two are different measures arrived at by different means. Investors typically determine if Castor Maritime is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Castor Maritime'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.