Synalloy Receivables Turnover from 2010 to 2024

ACNT Stock  USD 12.05  0.08  0.66%   
Synalloy Receivables Turnover yearly trend continues to be comparatively stable with very little volatility. Receivables Turnover will likely drop to 6.30 in 2024. From the period from 2010 to 2024, Synalloy Receivables Turnover quarterly data regression had r-value of  0.30 and coefficient of variation of  21.63. View All Fundamentals
 
Receivables Turnover  
First Reported
2010-12-31
Previous Quarter
7.2612765
Current Value
6.3
Quarterly Volatility
1.6715591
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Synalloy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Synalloy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.5 M, Interest Expense of 4.4 M or Total Revenue of 167.4 M, as well as many indicators such as Price To Sales Ratio of 0.59, Dividend Yield of 0.029 or PTB Ratio of 1.65. Synalloy financial statements analysis is a perfect complement when working with Synalloy Valuation or Volatility modules.
  
Check out the analysis of Synalloy Correlation against competitors.
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Latest Synalloy's Receivables Turnover Growth Pattern

Below is the plot of the Receivables Turnover of Synalloy over the last few years. It is Synalloy's Receivables Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Synalloy's overall financial position and show how it may be relating to other accounts over time.
Receivables Turnover10 Years Trend
Slightly volatile
   Receivables Turnover   
       Timeline  

Synalloy Receivables Turnover Regression Statistics

Arithmetic Mean7.73
Geometric Mean7.59
Coefficient Of Variation21.63
Mean Deviation1.22
Median7.13
Standard Deviation1.67
Sample Variance2.79
Range6.1736
R-Value0.30
Mean Square Error2.75
R-Squared0.09
Significance0.29
Slope0.11
Total Sum of Squares39.12

Synalloy Receivables Turnover History

2024 6.3
2023 7.26
2022 12.47
2021 6.68
2020 9.08
2019 8.7
2018 6.84

About Synalloy Financial Statements

Synalloy shareholders use historical fundamental indicators, such as Receivables Turnover, to determine how well the company is positioned to perform in the future. Although Synalloy investors may analyze each financial statement separately, they are all interrelated. The changes in Synalloy's assets and liabilities, for example, are also reflected in the revenues and expenses on on Synalloy's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Receivables Turnover 7.26  6.30 

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Additional Tools for Synalloy Stock Analysis

When running Synalloy's price analysis, check to measure Synalloy'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 Synalloy is operating at the current time. Most of Synalloy's value examination focuses on studying past and present price action to predict the probability of Synalloy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Synalloy's price. Additionally, you may evaluate how the addition of Synalloy to your portfolios can decrease your overall portfolio volatility.