Illinois Operating Cycle from 2010 to 2024

ITW Stock  USD 243.92  1.88  0.78%   
Illinois Tool Operating Cycle yearly trend continues to be fairly stable with very little volatility. Operating Cycle is likely to outpace its year average in 2024. During the period from 2010 to 2024, Illinois Tool Operating Cycle regression line of quarterly data had mean square error of  168.02 and geometric mean of  124.30. View All Fundamentals
 
Operating Cycle  
First Reported
2010-12-31
Previous Quarter
140.55086302
Current Value
146.01
Quarterly Volatility
16.04112232
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Illinois Tool financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Illinois main balance sheet or income statement drivers, such as Depreciation And Amortization of 281.8 M, Interest Expense of 279.3 M or Total Revenue of 10.8 B, as well as many exotic indicators such as Price To Sales Ratio of 5.17, Dividend Yield of 0.0133 or PTB Ratio of 27.63. Illinois financial statements analysis is a perfect complement when working with Illinois Tool Valuation or Volatility modules.
  
This module can also supplement Illinois Tool's financial leverage analysis and stock options assessment as well as various Illinois Tool Technical models . Check out the analysis of Illinois Tool Correlation against competitors.

Latest Illinois Tool's Operating Cycle Growth Pattern

Below is the plot of the Operating Cycle of Illinois Tool Works over the last few years. It is Illinois Tool's Operating Cycle historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Illinois Tool's overall financial position and show how it may be relating to other accounts over time.
Operating Cycle10 Years Trend
Slightly volatile
   Operating Cycle   
       Timeline  

Illinois Operating Cycle Regression Statistics

Arithmetic Mean125.24
Geometric Mean124.30
Coefficient Of Variation12.81
Mean Deviation14.23
Median120.61
Standard Deviation16.04
Sample Variance257.32
Range45.8167
R-Value0.63
Mean Square Error168.02
R-Squared0.39
Significance0.01
Slope2.25
Total Sum of Squares3,602

Illinois Operating Cycle History

2024 146.01
2023 140.55
2022 152.16
2021 144.55
2020 131.59
2019 115.56
2018 120.72

About Illinois Tool Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Illinois Tool income statement, its balance sheet, and the statement of cash flows. Illinois Tool investors use historical funamental indicators, such as Illinois Tool's Operating Cycle, to determine how well the company is positioned to perform in the future. Although Illinois Tool investors may use each financial statement separately, they are all related. The changes in Illinois Tool's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Illinois Tool'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 Illinois Tool Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Illinois Tool. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Operating Cycle 140.55  146.01 

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Illinois Tool Works is a strong investment it is important to analyze Illinois Tool's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Illinois Tool's future performance. For an informed investment choice regarding Illinois Stock, refer to the following important reports:
Check out the analysis of Illinois Tool Correlation against competitors.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

Complementary Tools for Illinois Stock analysis

When running Illinois Tool's price analysis, check to measure Illinois Tool'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 Illinois Tool is operating at the current time. Most of Illinois Tool's value examination focuses on studying past and present price action to predict the probability of Illinois Tool's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Illinois Tool's price. Additionally, you may evaluate how the addition of Illinois Tool to your portfolios can decrease your overall portfolio volatility.
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
CEOs Directory
Screen CEOs from public companies around the world
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Is Illinois Tool'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 Illinois Tool. If investors know Illinois 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 Illinois Tool 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
0.172
Dividend Share
5.51
Earnings Share
10.14
Revenue Per Share
53.346
Quarterly Revenue Growth
(0.01)
The market value of Illinois Tool Works is measured differently than its book value, which is the value of Illinois that is recorded on the company's balance sheet. Investors also form their own opinion of Illinois Tool's value that differs from its market value or its book value, called intrinsic value, which is Illinois Tool'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 Illinois Tool's market value can be influenced by many factors that don't directly affect Illinois Tool'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 Illinois Tool's value and its price as these two are different measures arrived at by different means. Investors typically determine if Illinois Tool is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Illinois Tool'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.