Davis Days Payables Outstanding from 2010 to 2024

DTCK Stock   1.06  0.08  7.02%   
Davis Commodities Days Payables Outstanding yearly trend continues to be quite stable with very little volatility. Days Payables Outstanding may rise above 40.14 this year. From the period between 2010 and 2024, Davis Commodities, Days Payables Outstanding regression line of its data series had standard deviation of  8.98 and standard deviation of  8.98. View All Fundamentals
 
Days Payables Outstanding  
First Reported
2010-12-31
Previous Quarter
38.22563145
Current Value
40.14
Quarterly Volatility
8.98271376
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Davis Commodities financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Davis Commodities' main balance sheet or income statement drivers, such as Tax Provision of 141.6 K, Depreciation And Amortization of 49.6 K or Interest Expense of 67.9 K, as well as many indicators such as Price To Sales Ratio of 0.17, Dividend Yield of 0.0142 or PTB Ratio of 2.36. Davis financial statements analysis is a perfect complement when working with Davis Commodities Valuation or Volatility modules.
  
Check out the analysis of Davis Commodities Correlation against competitors.

Latest Davis Commodities' Days Payables Outstanding Growth Pattern

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

Davis Days Payables Outstanding Regression Statistics

Arithmetic Mean19.71
Geometric Mean18.27
Coefficient Of Variation45.58
Mean Deviation6.67
Median16.08
Standard Deviation8.98
Sample Variance80.69
Range30.5443
R-Value0.58
Mean Square Error57.41
R-Squared0.34
Significance0.02
Slope1.17
Total Sum of Squares1,130

Davis Days Payables Outstanding History

2024 40.14
2023 38.23
2022 9.6
2021 30.77

About Davis Commodities Financial Statements

Davis Commodities investors utilize fundamental indicators, such as Days Payables Outstanding, to predict how Davis 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 Payables Outstanding 38.23  40.14 

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Davis Commodities is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Davis Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Davis Commodities Limited Stock. Highlighted below are key reports to facilitate an investment decision about Davis Commodities Limited Stock:
Check out the analysis of Davis Commodities Correlation against competitors.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Consumer Staples Distribution & Retail 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 Davis Commodities. If investors know Davis 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 Davis Commodities 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
(0.38)
Earnings Share
0.02
Revenue Per Share
6.361
Quarterly Revenue Growth
(0.32)
Return On Assets
0.0017
The market value of Davis Commodities is measured differently than its book value, which is the value of Davis that is recorded on the company's balance sheet. Investors also form their own opinion of Davis Commodities' value that differs from its market value or its book value, called intrinsic value, which is Davis Commodities' 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 Davis Commodities' market value can be influenced by many factors that don't directly affect Davis Commodities' 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 Davis Commodities' value and its price as these two are different measures arrived at by different means. Investors typically determine if Davis Commodities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Davis Commodities' 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.