OCFtoSales
Operating CF / Sales — Sloan 1996
Earnings Quality
Quick facts
| Factor ID | OCFtoSales |
| Display name | Operating CF / Sales |
| Family | Predictor |
| Category | Earnings Quality |
| Direction | higher_expected_return |
| Status | supported |
| Paper | Sloan 1996 |
| Source tables | — |
| Required fields | — |
| PIT required | yes |
| Coverage | 2010-04-27 – 2026-05-15 · 678,173 rows · 99.0% of panel |
Formula
q_ocf_to_sales / 100
China adaptation
No adaptation note.
Direction-adjusted cumulative return
Return metrics
| Metric | Value |
|---|---|
| Months in sample | 193 |
| Monthly mean | 0.1015% |
| Monthly std | 2.1536% |
| Annualized Sharpe | 0.16 |
| t-stat (simple) | 0.65 |
| Hit rate (months > 0) | 53.9% |
| Last 12M compounded | -2.68% |
| Cumulative wealth (start = 1) | 1.163 |
Recent 12 months
| Month | L/S return | Cumulative | Names |
|---|---|---|---|
| 2025-05 | -2.40% | 1.166 | 5132 |
| 2025-06 | +1.12% | 1.179 | 5142 |
| 2025-07 | -0.45% | 1.174 | 5144 |
| 2025-08 | +0.87% | 1.184 | 5146 |
| 2025-09 | -0.14% | 1.182 | 5151 |
| 2025-10 | -1.16% | 1.169 | 5159 |
| 2025-11 | -0.21% | 1.166 | 5164 |
| 2025-12 | +0.59% | 1.173 | 5172 |
| 2026-01 | -0.52% | 1.167 | 5171 |
| 2026-02 | +1.85% | 1.189 | 5175 |
| 2026-03 | -1.80% | 1.167 | 5174 |
| 2026-04 | -0.37% | 1.163 | 5181 |
Known data issues
None recorded.
Notes
None recorded.
See also: Earnings Quality family, Factor library, Factor returns.