Las Days Payables Outstanding from 2010 to 2024
| LVS Stock | USD 43.66 0.06 0.14% |
Days Payables Outstanding | First Reported 2010-12-31 | Previous Quarter 11.71085495 | Current Value 11.18 | Quarterly Volatility 7.71208944 |
Check Las Vegas financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Las Vegas' main balance sheet or income statement drivers, such as Interest Expense of 858.9 M, Total Revenue of 7.3 B or Gross Profit of 3.9 B, as well as many indicators such as Price To Sales Ratio of 3.44, Dividend Yield of 0.0069 or PTB Ratio of 8.66. Las financial statements analysis is a perfect complement when working with Las Vegas Valuation or Volatility modules.
Las | Days Payables Outstanding |
Latest Las Vegas' Days Payables Outstanding Growth Pattern
Below is the plot of the Days Payables Outstanding of Las Vegas Sands over the last few years. It is Las Vegas' Days Payables Outstanding historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Las Vegas' overall financial position and show how it may be relating to other accounts over time.
| Days Payables Outstanding | 10 Years Trend |
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Days Payables Outstanding |
| Timeline |
Las Days Payables Outstanding Regression Statistics
| Arithmetic Mean | 13.94 | |
| Geometric Mean | 11.94 | |
| Coefficient Of Variation | 55.34 | |
| Mean Deviation | 7.02 | |
| Median | 11.18 | |
| Standard Deviation | 7.71 | |
| Sample Variance | 59.48 | |
| Range | 19.7622 | |
| R-Value | 0.38 | |
| Mean Square Error | 54.56 | |
| R-Squared | 0.15 | |
| Significance | 0.16 | |
| Slope | 0.66 | |
| Total Sum of Squares | 832.67 |
Las Days Payables Outstanding History
About Las Vegas Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Las Vegas income statement, its balance sheet, and the statement of cash flows. Las Vegas investors use historical funamental indicators, such as Las Vegas's Days Payables Outstanding, to determine how well the company is positioned to perform in the future. Although Las Vegas investors may use each financial statement separately, they are all related. The changes in Las Vegas's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Las Vegas'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 Las Vegas Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Las Vegas. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Payables Outstanding | 11.71 | 11.18 |
Pair Trading with Las Vegas
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 Las Vegas 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 Las Vegas will appreciate offsetting losses from the drop in the long position's value.Moving together with Las Stock
| 0.92 | WYNN | Wynn Resorts Limited | PairCorr |
| 0.89 | CZR | Caesars Entertainment | PairCorr |
| 0.83 | HGV | Hilton Grand Vacations | PairCorr |
Moving against Las Stock
The ability to find closely correlated positions to Las Vegas could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Las Vegas 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 Las Vegas - 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 Las Vegas Sands to buy it.
The correlation of Las Vegas 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 Las Vegas moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Las Vegas Sands 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 Las Vegas 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 Tools for Las Stock Analysis
When running Las Vegas' price analysis, check to measure Las Vegas' 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 Las Vegas is operating at the current time. Most of Las Vegas' value examination focuses on studying past and present price action to predict the probability of Las Vegas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Las Vegas' price. Additionally, you may evaluate how the addition of Las Vegas to your portfolios can decrease your overall portfolio volatility.