Barrett Days Of Inventory On Hand from 2010 to 2024

BBSI Stock  USD 123.53  1.76  1.45%   
Barrett Business' Days Of Inventory On Hand is increasing with slightly volatile movements from year to year. Days Of Inventory On Hand is predicted to flatten to 28.58. For the period between 2010 and 2024, Barrett Business, Days Of Inventory On Hand quarterly trend regression had median of  38.75 and r-value of  0.62. View All Fundamentals
 
Days Of Inventory On Hand  
First Reported
2010-12-31
Previous Quarter
44.49
Current Value
28.58
Quarterly Volatility
21.84568027
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Barrett Business financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Barrett main balance sheet or income statement drivers, such as Depreciation And Amortization of 14.9 M, Interest Expense of 157.7 K or Selling General Administrative of 250.5 M, as well as many exotic indicators such as Price To Sales Ratio of 0.43, Dividend Yield of 0.0182 or PTB Ratio of 2.67. Barrett financial statements analysis is a perfect complement when working with Barrett Business Valuation or Volatility modules.
  
This module can also supplement Barrett Business' financial leverage analysis and stock options assessment as well as various Barrett Business Technical models . Check out the analysis of Barrett Business Correlation against competitors.

Latest Barrett Business' Days Of Inventory On Hand Growth Pattern

Below is the plot of the Days Of Inventory On Hand of Barrett Business Services over the last few years. It is Barrett Business' Days Of Inventory On Hand historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Barrett Business' overall financial position and show how it may be relating to other accounts over time.
Days Of Inventory On Hand10 Years Trend
Slightly volatile
   Days Of Inventory On Hand   
       Timeline  

Barrett Days Of Inventory On Hand Regression Statistics

Arithmetic Mean34.04
Coefficient Of Variation64.18
Mean Deviation18.81
Median38.75
Standard Deviation21.85
Sample Variance477.23
Range64.8068
R-Value0.62
Mean Square Error315.74
R-Squared0.39
Significance0.01
Slope3.03
Total Sum of Squares6,681

Barrett Days Of Inventory On Hand History

2024 28.58
2023 44.49
2022 49.43
2021 32.69
2020 50.72
2019 58.11
2018 58.29

About Barrett Business Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Barrett Business income statement, its balance sheet, and the statement of cash flows. Barrett Business investors use historical funamental indicators, such as Barrett Business's Days Of Inventory On Hand, to determine how well the company is positioned to perform in the future. Although Barrett Business investors may use each financial statement separately, they are all related. The changes in Barrett Business's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Barrett Business'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 Barrett Business Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Barrett Business. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Of Inventory On Hand 44.49  28.58 

Pair Trading with Barrett Business

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 Barrett Business 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 Barrett Business will appreciate offsetting losses from the drop in the long position's value.

Moving together with Barrett Stock

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Moving against Barrett Stock

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The ability to find closely correlated positions to Barrett Business could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Barrett Business 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 Barrett Business - 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 Barrett Business Services to buy it.
The correlation of Barrett Business 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 Barrett Business moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Barrett Business Services 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 Barrett Business 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 Barrett Business Services offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Barrett Business' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Barrett Business Services Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Barrett Business Services Stock:
Check out the analysis of Barrett Business Correlation against competitors.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

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When running Barrett Business' price analysis, check to measure Barrett Business' 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 Barrett Business is operating at the current time. Most of Barrett Business' value examination focuses on studying past and present price action to predict the probability of Barrett Business' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Barrett Business' price. Additionally, you may evaluate how the addition of Barrett Business to your portfolios can decrease your overall portfolio volatility.
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Is Barrett Business' 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 Barrett Business. If investors know Barrett 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 Barrett Business 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
0.509
Dividend Share
1.2
Earnings Share
7.39
Revenue Per Share
158.863
Quarterly Revenue Growth
0.1
The market value of Barrett Business Services is measured differently than its book value, which is the value of Barrett that is recorded on the company's balance sheet. Investors also form their own opinion of Barrett Business' value that differs from its market value or its book value, called intrinsic value, which is Barrett Business' 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 Barrett Business' market value can be influenced by many factors that don't directly affect Barrett Business' 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 Barrett Business' value and its price as these two are different measures arrived at by different means. Investors typically determine if Barrett Business is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Barrett Business' 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.