Diageo Net Receivables from 2010 to 2024
| DEO Stock | USD 133.03 2.83 2.08% |
Net Receivables | First Reported 1998-12-31 | Previous Quarter 4.6 B | Current Value 3.5 B | Quarterly Volatility 847.8 M |
Check Diageo PLC financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Diageo PLC's main balance sheet or income statement drivers, such as Depreciation And Amortization of 474.9 M, Interest Expense of 1.2 B or Total Revenue of 12.1 B, as well as many indicators such as Price To Sales Ratio of 2.38, Dividend Yield of 0.0335 or PTB Ratio of 4.82. Diageo financial statements analysis is a perfect complement when working with Diageo PLC Valuation or Volatility modules.
Diageo | Net Receivables |
Latest Diageo PLC's Net Receivables Growth Pattern
Below is the plot of the Net Receivables of Diageo PLC ADR over the last few years. It is Diageo PLC's Net Receivables historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Diageo PLC's overall financial position and show how it may be relating to other accounts over time.
| Net Receivables | 10 Years Trend |
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Net Receivables |
| Timeline |
Diageo Net Receivables Regression Statistics
| Arithmetic Mean | 2,484,540,896 | |
| Geometric Mean | 2,432,323,821 | |
| Coefficient Of Variation | 19.53 | |
| Mean Deviation | 302,681,899 | |
| Median | 2,553,877,805 | |
| Standard Deviation | 485,315,414 | |
| Sample Variance | 235531.1T | |
| Range | 2.2B | |
| R-Value | 0.56 | |
| Mean Square Error | 175178.7T | |
| R-Squared | 0.31 | |
| Significance | 0.03 | |
| Slope | 60,359,374 | |
| Total Sum of Squares | 3297434.7T |
Diageo Net Receivables History
About Diageo PLC Financial Statements
Diageo PLC investors utilize fundamental indicators, such as Net Receivables, to predict how Diageo Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Net Receivables | 3.5 B | 2.6 B |
Pair Trading with Diageo PLC
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 Diageo PLC 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 Diageo PLC will appreciate offsetting losses from the drop in the long position's value.Moving against Diageo Stock
| 0.44 | DG | Dollar General Sell-off Trend | PairCorr |
| 0.4 | DLTR | Dollar Tree | PairCorr |
| 0.39 | GO | Grocery Outlet Holding | PairCorr |
| 0.33 | NAPA | Duckhorn Portfolio Earnings Call This Week | PairCorr |
| 0.32 | WVVI | Willamette Valley | PairCorr |
The ability to find closely correlated positions to Diageo PLC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Diageo PLC 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 Diageo PLC - 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 Diageo PLC ADR to buy it.
The correlation of Diageo PLC 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 Diageo PLC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Diageo PLC ADR 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 Diageo PLC 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.Additional Information and Resources on Investing in Diageo Stock
When determining whether Diageo PLC ADR offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Diageo PLC's 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 Diageo Plc Adr Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Diageo Plc Adr Stock:Check out the analysis of Diageo PLC Correlation against competitors. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Distillers & Vintners space 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 Diageo PLC. If investors know Diageo 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 Diageo PLC 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 (0.03) | Dividend Share 1.035 | Earnings Share 6.91 | Revenue Per Share 2.0142 | Quarterly Revenue Growth (0.01) |
The market value of Diageo PLC ADR is measured differently than its book value, which is the value of Diageo that is recorded on the company's balance sheet. Investors also form their own opinion of Diageo PLC's value that differs from its market value or its book value, called intrinsic value, which is Diageo PLC'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 Diageo PLC's market value can be influenced by many factors that don't directly affect Diageo PLC'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 Diageo PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Diageo PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Diageo PLC'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.