Socket Days Sales Outstanding from 2010 to 2024

SCKT Stock  USD 1.47  0.01  0.68%   
Socket Mobile Days Sales Outstanding yearly trend continues to be comparatively stable with very little volatility. Days Sales Outstanding is likely to outpace its year average in 2024. From the period from 2010 to 2024, Socket Mobile Days Sales Outstanding quarterly data regression had r-value of (0.35) and coefficient of variation of  33.68. View All Fundamentals
 
Days Sales Outstanding  
First Reported
2010-12-31
Previous Quarter
36.42150191
Current Value
57.66
Quarterly Volatility
17.01117442
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Socket Mobile financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Socket Mobile's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.5 M, Total Revenue of 17.8 M or Gross Profit of 8.6 M, as well as many indicators such as Price To Sales Ratio of 0.47, Dividend Yield of 7.0E-4 or PTB Ratio of 0.41. Socket financial statements analysis is a perfect complement when working with Socket Mobile Valuation or Volatility modules.
  
Check out the analysis of Socket Mobile Correlation against competitors.
For more information on how to buy Socket Stock please use our How to Invest in Socket Mobile guide.

Latest Socket Mobile's Days Sales Outstanding Growth Pattern

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

Socket Days Sales Outstanding Regression Statistics

Arithmetic Mean50.50
Geometric Mean48.58
Coefficient Of Variation33.68
Mean Deviation10.08
Median46.79
Standard Deviation17.01
Sample Variance289.38
Range72.6959
R-Value(0.35)
Mean Square Error273.61
R-Squared0.12
Significance0.20
Slope(1.33)
Total Sum of Squares4,051

Socket Days Sales Outstanding History

2024 57.66
2023 36.42
2022 45.71
2021 40.53
2020 49.11
2019 53.78
2018 52.51

About Socket Mobile Financial Statements

Socket Mobile shareholders use historical fundamental indicators, such as Days Sales Outstanding, to determine how well the company is positioned to perform in the future. Although Socket Mobile investors may analyze each financial statement separately, they are all interrelated. The changes in Socket Mobile's assets and liabilities, for example, are also reflected in the revenues and expenses on on Socket Mobile's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Days Sales Outstanding 36.42  57.66 

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Additional Tools for Socket Stock Analysis

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