Alerus Receivables Turnover from 2010 to 2024

ALRS Stock  USD 19.99  0.17  0.86%   
Alerus Financial Receivables Turnover yearly trend continues to be comparatively stable with very little volatility. Receivables Turnover will likely drop to 2.48 in 2024. From the period from 2010 to 2024, Alerus Financial Receivables Turnover quarterly data regression had r-value of  0.1 and coefficient of variation of  78.53. View All Fundamentals
 
Receivables Turnover  
First Reported
2010-12-31
Previous Quarter
2.61
Current Value
2.48
Quarterly Volatility
8.02672353
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Alerus Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Alerus Financial's main balance sheet or income statement drivers, such as Interest Expense of 80.9 M, Selling General Administrative of 71.3 M or Total Revenue of 153.1 M, as well as many indicators such as Price To Sales Ratio of 1.43, Dividend Yield of 0.0202 or PTB Ratio of 1.03. Alerus financial statements analysis is a perfect complement when working with Alerus Financial Valuation or Volatility modules.
  
Check out the analysis of Alerus Financial Correlation against competitors.

Latest Alerus Financial's Receivables Turnover Growth Pattern

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

Alerus Receivables Turnover Regression Statistics

Arithmetic Mean10.22
Geometric Mean7.89
Coefficient Of Variation78.53
Mean Deviation5.94
Median8.62
Standard Deviation8.03
Sample Variance64.43
Range24.4892
R-Value0.1
Mean Square Error68.74
R-Squared0.01
Significance0.73
Slope0.17
Total Sum of Squares902.00

Alerus Receivables Turnover History

2024 2.48
2023 2.61
2022 2.9
2021 26.97
2020 23.62
2019 24.62
2018 8.08

About Alerus Financial Financial Statements

Alerus Financial shareholders use historical fundamental indicators, such as Receivables Turnover, to determine how well the company is positioned to perform in the future. Although Alerus Financial investors may analyze each financial statement separately, they are all interrelated. The changes in Alerus Financial's assets and liabilities, for example, are also reflected in the revenues and expenses on on Alerus Financial'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 2.61  2.48 

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Additional Tools for Alerus Stock Analysis

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