Parker Days Sales Outstanding from 2010 to 2024

PH Stock  USD 643.81  7.61  1.17%   
Parker Hannifin's Days Sales Outstanding is decreasing with stable movements from year to year. Days Sales Outstanding is predicted to flatten to 45.98. For the period between 2010 and 2024, Parker Hannifin, Days Sales Outstanding quarterly trend regression had mean deviation of  4.22 and range of 20.4143. View All Fundamentals
 
Days Sales Outstanding  
First Reported
2010-12-31
Previous Quarter
52.48093164
Current Value
45.98
Quarterly Volatility
5.45455864
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Parker Hannifin financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Parker Hannifin's main balance sheet or income statement drivers, such as Depreciation And Amortization of 973.5 M, Interest Expense of 531.8 M or Total Revenue of 20.9 B, as well as many indicators such as Price To Sales Ratio of 3.39, Dividend Yield of 0.0204 or PTB Ratio of 5.6. Parker financial statements analysis is a perfect complement when working with Parker Hannifin Valuation or Volatility modules.
  
Check out the analysis of Parker Hannifin Correlation against competitors.
For more detail on how to invest in Parker Stock please use our How to Invest in Parker Hannifin guide.

Latest Parker Hannifin's Days Sales Outstanding Growth Pattern

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

Parker Days Sales Outstanding Regression Statistics

Arithmetic Mean58.91
Geometric Mean58.67
Coefficient Of Variation9.26
Mean Deviation4.22
Median58.67
Standard Deviation5.45
Sample Variance29.75
Range20.4143
R-Value(0.15)
Mean Square Error31.33
R-Squared0.02
Significance0.60
Slope(0.18)
Total Sum of Squares416.53

Parker Days Sales Outstanding History

2024 45.98
2023 52.48
2022 60.05
2021 66.39
2020 63.85
2019 55.95
2018 62.24

About Parker Hannifin Financial Statements

Investors use fundamental indicators, such as Parker Hannifin's Days Sales Outstanding, to determine how well the company is positioned to perform in the future. Although Parker Hannifin's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Days Sales Outstanding 52.48  45.98 

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Check out the analysis of Parker Hannifin Correlation against competitors.
For more detail on how to invest in Parker Stock please use our How to Invest in Parker Hannifin guide.
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Is Industrial Machinery & Supplies & Components 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 Parker Hannifin. If investors know Parker 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 Parker Hannifin 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
0.07
Dividend Share
6.22
Earnings Share
22.21
Revenue Per Share
155.467
Quarterly Revenue Growth
0.012
The market value of Parker Hannifin is measured differently than its book value, which is the value of Parker that is recorded on the company's balance sheet. Investors also form their own opinion of Parker Hannifin's value that differs from its market value or its book value, called intrinsic value, which is Parker Hannifin'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 Parker Hannifin's market value can be influenced by many factors that don't directly affect Parker Hannifin'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 Parker Hannifin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Parker Hannifin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Parker Hannifin'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.