Descartes Fixed Asset Turnover from 2010 to 2024

DSGX Stock  USD 116.27  0.83  0.71%   
Descartes Systems Fixed Asset Turnover yearly trend continues to be fairly stable with very little volatility. Fixed Asset Turnover is likely to outpace its year average in 2024. During the period from 2010 to 2024, Descartes Systems Fixed Asset Turnover regression line of annual values had r-squared of  0.56 and arithmetic mean of  19.53. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
32.17086866
Current Value
33.78
Quarterly Volatility
7.24114085
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Descartes Systems financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Descartes Systems' main balance sheet or income statement drivers, such as Depreciation And Amortization of 69.3 M, Interest Expense of 1.4 M or Total Revenue of 601.6 M, as well as many indicators such as Price To Sales Ratio of 13.88, Dividend Yield of 0.0 or PTB Ratio of 6.42. Descartes financial statements analysis is a perfect complement when working with Descartes Systems Valuation or Volatility modules.
  
Check out the analysis of Descartes Systems Correlation against competitors.

Latest Descartes Systems' Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of Descartes Systems Group over the last few years. It is Descartes Systems' Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Descartes Systems' overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Slightly volatile
   Fixed Asset Turnover   
       Timeline  

Descartes Fixed Asset Turnover Regression Statistics

Arithmetic Mean19.53
Geometric Mean18.30
Coefficient Of Variation37.08
Mean Deviation5.46
Median19.51
Standard Deviation7.24
Sample Variance52.43
Range25.0153
R-Value0.75
Mean Square Error25.08
R-Squared0.56
Significance0
Slope1.21
Total Sum of Squares734.08

Descartes Fixed Asset Turnover History

2024 33.78
2023 32.17
2022 26.69
2021 19.86
2020 14.38
2019 12.24

About Descartes Systems Financial Statements

Descartes Systems investors use historical fundamental indicators, such as Descartes Systems' Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Descartes Systems. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 32.17  33.78 

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Additional Tools for Descartes Stock Analysis

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