Codexis Receivables Turnover from 2010 to 2024

CDXS Stock  USD 4.59  0.03  0.66%   
Codexis Receivables Turnover yearly trend continues to be comparatively stable with very little volatility. Receivables Turnover is likely to outpace its year average in 2024. From the period from 2010 to 2024, Codexis Receivables Turnover quarterly data regression had r-value of (0.53) and coefficient of variation of  47.55. View All Fundamentals
 
Receivables Turnover  
First Reported
2010-12-31
Previous Quarter
3.51982136
Current Value
6.5
Quarterly Volatility
2.60901951
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Codexis financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Codexis' main balance sheet or income statement drivers, such as Depreciation And Amortization of 6.9 M, Interest Expense of 1.9 M or Selling General Administrative of 35.1 M, as well as many indicators such as Price To Sales Ratio of 4.5, Dividend Yield of 0.0 or PTB Ratio of 4.05. Codexis financial statements analysis is a perfect complement when working with Codexis Valuation or Volatility modules.
  
Check out the analysis of Codexis Correlation against competitors.
For more information on how to buy Codexis Stock please use our How to Invest in Codexis guide.

Latest Codexis' Receivables Turnover Growth Pattern

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

Codexis Receivables Turnover Regression Statistics

Arithmetic Mean5.49
Geometric Mean4.97
Coefficient Of Variation47.55
Mean Deviation2.04
Median4.49
Standard Deviation2.61
Sample Variance6.81
Range9.345
R-Value(0.53)
Mean Square Error5.29
R-Squared0.28
Significance0.04
Slope(0.31)
Total Sum of Squares95.30

Codexis Receivables Turnover History

2024 6.5
2023 3.52
2022 3.39
2021 2.78
2020 2.36
2019 3.4
2018 4.49

About Codexis Financial Statements

Codexis shareholders use historical fundamental indicators, such as Receivables Turnover, to determine how well the company is positioned to perform in the future. Although Codexis investors may analyze each financial statement separately, they are all interrelated. The changes in Codexis' assets and liabilities, for example, are also reflected in the revenues and expenses on on Codexis' 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 3.52  6.50 

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Additional Tools for Codexis Stock Analysis

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