Euronet Days Of Sales Outstanding from 2010 to 2024

EEFT Stock  USD 115.49  0.22  0.19%   
Euronet Worldwide Days Of Sales Outstanding yearly trend continues to be comparatively stable with very little volatility. Days Of Sales Outstanding will likely drop to 34.84 in 2024. From the period from 2010 to 2024, Euronet Worldwide Days Of Sales Outstanding quarterly data regression had r-value of (0.69) and coefficient of variation of  54.09. View All Fundamentals
 
Days Of Sales Outstanding  
First Reported
2010-12-31
Previous Quarter
36.67814534
Current Value
34.84
Quarterly Volatility
37.04300816
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Euronet Worldwide financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Euronet main balance sheet or income statement drivers, such as Depreciation And Amortization of 71.7 M, Interest Expense of 58.4 M or Selling General Administrative of 944.7 M, as well as many exotic indicators such as Price To Sales Ratio of 1.27, Dividend Yield of 0.0017 or PTB Ratio of 2.35. Euronet financial statements analysis is a perfect complement when working with Euronet Worldwide Valuation or Volatility modules.
  
This module can also supplement Euronet Worldwide's financial leverage analysis and stock options assessment as well as various Euronet Worldwide Technical models . Check out the analysis of Euronet Worldwide Correlation against competitors.
For more information on how to buy Euronet Stock please use our How to Invest in Euronet Worldwide guide.

Latest Euronet Worldwide's Days Of Sales Outstanding Growth Pattern

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

Euronet Days Of Sales Outstanding Regression Statistics

Arithmetic Mean68.48
Geometric Mean57.24
Coefficient Of Variation54.09
Mean Deviation33.80
Median82.38
Standard Deviation37.04
Sample Variance1,372
Range103
R-Value(0.69)
Mean Square Error783.60
R-Squared0.47
Significance0
Slope(5.68)
Total Sum of Squares19,211

Euronet Days Of Sales Outstanding History

2024 34.84
2023 36.68
2022 29.43
2021 24.74
2020 17.27
2019 26.8
2018 99.8

About Euronet Worldwide Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Euronet Worldwide income statement, its balance sheet, and the statement of cash flows. Euronet Worldwide investors use historical funamental indicators, such as Euronet Worldwide's Days Of Sales Outstanding, to determine how well the company is positioned to perform in the future. Although Euronet Worldwide investors may use each financial statement separately, they are all related. The changes in Euronet Worldwide's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Euronet Worldwide'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 Euronet Worldwide Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Euronet Worldwide. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Of Sales Outstanding 36.68  34.84 

Pair Trading with Euronet Worldwide

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 Euronet Worldwide 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 Euronet Worldwide will appreciate offsetting losses from the drop in the long position's value.

Moving against Euronet Stock

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The ability to find closely correlated positions to Euronet Worldwide could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Euronet Worldwide 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 Euronet Worldwide - 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 Euronet Worldwide to buy it.
The correlation of Euronet Worldwide 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 Euronet Worldwide moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Euronet Worldwide 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 Euronet Worldwide 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.
Pair CorrelationCorrelation Matching
When determining whether Euronet Worldwide 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 Euronet 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 Euronet Worldwide Stock. Highlighted below are key reports to facilitate an investment decision about Euronet Worldwide Stock:
Check out the analysis of Euronet Worldwide Correlation against competitors.
For more information on how to buy Euronet Stock please use our How to Invest in Euronet Worldwide guide.
Note that the Euronet Worldwide information on this page should be used as a complementary analysis to other Euronet Worldwide'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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

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When running Euronet Worldwide's price analysis, check to measure Euronet Worldwide'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 Euronet Worldwide is operating at the current time. Most of Euronet Worldwide's value examination focuses on studying past and present price action to predict the probability of Euronet Worldwide's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Euronet Worldwide's price. Additionally, you may evaluate how the addition of Euronet Worldwide to your portfolios can decrease your overall portfolio volatility.
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Is Euronet Worldwide'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 Euronet Worldwide. If investors know Euronet 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 Euronet Worldwide 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
0.403
Earnings Share
5.66
Revenue Per Share
79.139
Quarterly Revenue Growth
0.089
Return On Assets
0.0527
The market value of Euronet Worldwide is measured differently than its book value, which is the value of Euronet that is recorded on the company's balance sheet. Investors also form their own opinion of Euronet Worldwide's value that differs from its market value or its book value, called intrinsic value, which is Euronet Worldwide'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 Euronet Worldwide's market value can be influenced by many factors that don't directly affect Euronet Worldwide'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 Euronet Worldwide's value and its price as these two are different measures arrived at by different means. Investors typically determine if Euronet Worldwide is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Euronet Worldwide'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.