Arcosa Inventory Turnover from 2010 to 2024
| ACA Stock | USD 77.34 0.64 0.83% |
Inventory Turnover | First Reported 2010-12-31 | Previous Quarter 4.63937282 | Current Value 4.07 | Quarterly Volatility 0.4008546 |
Check Arcosa financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Arcosa main balance sheet or income statement drivers, such as Tax Provision of 36.6 M, Interest Income of 4.5 M or Depreciation And Amortization of 113.9 M, as well as many exotic indicators such as Price To Sales Ratio of 1.82, Dividend Yield of 0.0041 or PTB Ratio of 0.9. Arcosa financial statements analysis is a perfect complement when working with Arcosa Valuation or Volatility modules.
Arcosa | Inventory Turnover |
Latest Arcosa's Inventory Turnover Growth Pattern
Below is the plot of the Inventory Turnover of Arcosa Inc over the last few years. It is a ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management. Arcosa's Inventory Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Arcosa's overall financial position and show how it may be relating to other accounts over time.
| Inventory Turnover | 10 Years Trend |
|
Inventory Turnover |
| Timeline |
Arcosa Inventory Turnover Regression Statistics
| Arithmetic Mean | 5.04 | |
| Geometric Mean | 5.03 | |
| Coefficient Of Variation | 7.95 | |
| Mean Deviation | 0.28 | |
| Median | 5.14 | |
| Standard Deviation | 0.40 | |
| Sample Variance | 0.16 | |
| Range | 1.6931 | |
| R-Value | (0.27) | |
| Mean Square Error | 0.16 | |
| R-Squared | 0.07 | |
| Significance | 0.33 | |
| Slope | (0.02) | |
| Total Sum of Squares | 2.25 |
Arcosa Inventory Turnover History
About Arcosa Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Arcosa income statement, its balance sheet, and the statement of cash flows. Arcosa investors use historical funamental indicators, such as Arcosa's Inventory Turnover, to determine how well the company is positioned to perform in the future. Although Arcosa investors may use each financial statement separately, they are all related. The changes in Arcosa's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Arcosa's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Arcosa Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Arcosa. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Inventory Turnover | 4.64 | 4.07 |
Arcosa Investors Sentiment
The influence of Arcosa's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Arcosa. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Arcosa's public news can be used to forecast risks associated with an investment in Arcosa. The trend in average sentiment can be used to explain how an investor holding Arcosa can time the market purely based on public headlines and social activities around Arcosa Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Arcosa's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Arcosa's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Arcosa's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Arcosa.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Arcosa in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Arcosa's short interest history, or implied volatility extrapolated from Arcosa options trading.
Pair Trading with Arcosa
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Arcosa position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Arcosa will appreciate offsetting losses from the drop in the long position's value.Moving together with Arcosa Stock
| 0.65 | J | Jacobs Solutions Financial Report 14th of May 2024 | PairCorr |
| 0.69 | ESOA | Energy Services Financial Report 29th of May 2024 | PairCorr |
Moving against Arcosa Stock
| 0.45 | AGX | Argan Inc | PairCorr |
The ability to find closely correlated positions to Arcosa could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Arcosa when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Arcosa - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Arcosa Inc to buy it.
The correlation of Arcosa is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Arcosa moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Arcosa Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Arcosa can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Arcosa Correlation against competitors. Note that the Arcosa Inc information on this page should be used as a complementary analysis to other Arcosa's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Complementary Tools for Arcosa Stock analysis
When running Arcosa's price analysis, check to measure Arcosa'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 Arcosa is operating at the current time. Most of Arcosa's value examination focuses on studying past and present price action to predict the probability of Arcosa's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arcosa's price. Additionally, you may evaluate how the addition of Arcosa to your portfolios can decrease your overall portfolio volatility.
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Is Arcosa's industry 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 Arcosa. If investors know Arcosa 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 Arcosa 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 (0.83) | Dividend Share 0.2 | Earnings Share 3.26 | Revenue Per Share 47.586 | Quarterly Revenue Growth 0.164 |
The market value of Arcosa Inc is measured differently than its book value, which is the value of Arcosa that is recorded on the company's balance sheet. Investors also form their own opinion of Arcosa's value that differs from its market value or its book value, called intrinsic value, which is Arcosa'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 Arcosa's market value can be influenced by many factors that don't directly affect Arcosa'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 Arcosa's value and its price as these two are different measures arrived at by different means. Investors typically determine if Arcosa is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Arcosa'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.