Armstrong Receivables Turnover from 2010 to 2024

AWI Stock  USD 156.39  0.69  0.44%   
Armstrong World's Receivables Turnover is decreasing with stable movements from year to year. Receivables Turnover is predicted to flatten to 8.67. For the period between 2010 and 2024, Armstrong World, Receivables Turnover quarterly trend regression had mean deviation of  2.59 and range of 15.0907. View All Fundamentals
 
Receivables Turnover  
First Reported
2010-12-31
Previous Quarter
11.58497317
Current Value
8.67
Quarterly Volatility
3.95477949
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Armstrong World financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Armstrong World's main balance sheet or income statement drivers, such as Depreciation And Amortization of 134.4 M, Interest Expense of 19.9 M or Selling General Administrative of 320.1 M, as well as many indicators such as Price To Sales Ratio of 3.56, Dividend Yield of 0.0101 or PTB Ratio of 7.8. Armstrong financial statements analysis is a perfect complement when working with Armstrong World Valuation or Volatility modules.
  
Check out the analysis of Armstrong World Correlation against competitors.

Latest Armstrong World's Receivables Turnover Growth Pattern

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

Armstrong Receivables Turnover Regression Statistics

Arithmetic Mean12.13
Geometric Mean11.64
Coefficient Of Variation32.59
Mean Deviation2.59
Median11.62
Standard Deviation3.95
Sample Variance15.64
Range15.0907
R-Value(0.24)
Mean Square Error15.85
R-Squared0.06
Significance0.38
Slope(0.21)
Total Sum of Squares218.96

Armstrong Receivables Turnover History

2024 8.67
2023 11.58
2022 10.8
2021 10.01
2020 11.62
2019 9.02
2018 11.95

About Armstrong World Financial Statements

Investors use fundamental indicators, such as Armstrong World's Receivables Turnover, to determine how well the company is positioned to perform in the future. Although Armstrong World's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Receivables Turnover 11.58  8.67 

Currently Active Assets on Macroaxis

When determining whether Armstrong World Indu offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Armstrong World'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 Armstrong World Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Armstrong World Industries Stock:
Check out the analysis of Armstrong World Correlation against competitors.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Building Products 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 Armstrong World. If investors know Armstrong 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 Armstrong World 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
0.122
Dividend Share
1.148
Earnings Share
5.67
Revenue Per Share
31.742
Quarterly Revenue Growth
0.113
The market value of Armstrong World Indu is measured differently than its book value, which is the value of Armstrong that is recorded on the company's balance sheet. Investors also form their own opinion of Armstrong World's value that differs from its market value or its book value, called intrinsic value, which is Armstrong World'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 Armstrong World's market value can be influenced by many factors that don't directly affect Armstrong World'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 Armstrong World's value and its price as these two are different measures arrived at by different means. Investors typically determine if Armstrong World is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Armstrong World'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.