California Receivables Turnover from 2010 to 2024

CWT Stock  USD 51.19  0.23  0.45%   
California Water Receivables Turnover yearly trend continues to be comparatively stable with very little volatility. Receivables Turnover will likely drop to 7.61 in 2024. From the period from 2010 to 2024, California Water Receivables Turnover quarterly data regression had r-value of (0.47) and coefficient of variation of  14.92. View All Fundamentals
 
Receivables Turnover  
First Reported
2010-12-31
Previous Quarter
8.24751941
Current Value
7.61
Quarterly Volatility
1.51247663
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check California Water financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among California Water's main balance sheet or income statement drivers, such as Interest Expense of 52.3 M, Total Revenue of 412.7 M or Gross Profit of 285.5 M, as well as many indicators such as Price To Sales Ratio of 3.9, Dividend Yield of 0.0345 or PTB Ratio of 1.73. California financial statements analysis is a perfect complement when working with California Water Valuation or Volatility modules.
  
Check out the analysis of California Water Correlation against competitors.

Latest California Water's Receivables Turnover Growth Pattern

Below is the plot of the Receivables Turnover of California Water Service over the last few years. It is California Water's Receivables Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in California Water'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  

California Receivables Turnover Regression Statistics

Arithmetic Mean10.14
Geometric Mean10.03
Coefficient Of Variation14.92
Mean Deviation1.27
Median10.68
Standard Deviation1.51
Sample Variance2.29
Range4.7371
R-Value(0.47)
Mean Square Error1.92
R-Squared0.22
Significance0.08
Slope(0.16)
Total Sum of Squares32.03

California Receivables Turnover History

2024 7.61
2023 8.25
2022 9.59
2021 8.45
2020 10.17
2019 10.68
2018 11.0

About California Water Financial Statements

California Water shareholders use historical fundamental indicators, such as Receivables Turnover, to determine how well the company is positioned to perform in the future. Although California Water investors may analyze each financial statement separately, they are all interrelated. The changes in California Water's assets and liabilities, for example, are also reflected in the revenues and expenses on on California Water'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 8.25  7.61 

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for California Stock Analysis

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