CGI Days Payables Outstanding from 2010 to 2024

GIB Stock  USD 114.15  0.41  0.36%   
CGI's Days Payables Outstanding is decreasing over the years with slightly volatile fluctuation. Days Payables Outstanding is expected to dwindle to 9.70. From 2010 to 2024 CGI Days Payables Outstanding quarterly data regression line had arithmetic mean of  41.49 and r-squared of  0.47. View All Fundamentals
 
Days Payables Outstanding  
First Reported
2010-12-31
Previous Quarter
10.20539783
Current Value
9.7
Quarterly Volatility
23.20323293
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check CGI financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CGI's main balance sheet or income statement drivers, such as Depreciation And Amortization of 627.5 M, Interest Expense of 106 M or Total Revenue of 17.3 B, as well as many indicators such as Price To Sales Ratio of 1.22, Dividend Yield of 0.0 or PTB Ratio of 2.34. CGI financial statements analysis is a perfect complement when working with CGI Valuation or Volatility modules.
  
Check out the analysis of CGI Correlation against competitors.

Latest CGI's Days Payables Outstanding Growth Pattern

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

CGI Days Payables Outstanding Regression Statistics

Arithmetic Mean41.49
Geometric Mean35.71
Coefficient Of Variation55.92
Mean Deviation14.34
Median42.73
Standard Deviation23.20
Sample Variance538.39
Range101
R-Value(0.68)
Mean Square Error308.58
R-Squared0.47
Significance0
Slope(3.55)
Total Sum of Squares7,537

CGI Days Payables Outstanding History

2024 9.7
2023 10.21
2022 28.17
2021 36.92
2020 34.58
2019 31.54
2018 42.73

About CGI Financial Statements

CGI stakeholders use historical fundamental indicators, such as CGI's Days Payables Outstanding, to determine how well the company is positioned to perform in the future. Although CGI investors may analyze each financial statement separately, they are all interrelated. For example, changes in CGI's assets and liabilities are reflected in the revenues and expenses on CGI'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 CGI Inc. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Payables Outstanding 10.21  9.70 

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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.
When determining whether CGI Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of CGI's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cgi Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cgi Inc Stock:
Check out the analysis of CGI Correlation against competitors.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Is IT Consulting & Other Services 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 CGI. If investors know CGI 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 CGI 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
0.088
Earnings Share
5.19
Revenue Per Share
64.348
Quarterly Revenue Growth
0.044
Return On Assets
0.0931
The market value of CGI Inc is measured differently than its book value, which is the value of CGI that is recorded on the company's balance sheet. Investors also form their own opinion of CGI's value that differs from its market value or its book value, called intrinsic value, which is CGI'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 CGI's market value can be influenced by many factors that don't directly affect CGI'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 CGI's value and its price as these two are different measures arrived at by different means. Investors typically determine if CGI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CGI'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.