Healthcare Receivables Turnover from 2010 to 2024

HCTI Stock  USD 0.88  0.07  7.37%   
Healthcare Triangle's Receivables Turnover is decreasing with very volatile movements from year to year. Receivables Turnover is predicted to flatten to 5.42. For the period between 2010 and 2024, Healthcare Triangle, Receivables Turnover quarterly trend regression had mean deviation of  0.84 and range of 6.6141. View All Fundamentals
 
Receivables Turnover  
First Reported
2010-12-31
Previous Quarter
10.2605068
Current Value
5.42
Quarterly Volatility
1.45074806
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Healthcare Triangle financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Healthcare Triangle's main balance sheet or income statement drivers, such as Discontinued Operations of 0.0, Interest Expense of 1 M or Selling General Administrative of 3.5 M, as well as many indicators such as Price To Sales Ratio of 0.33, Dividend Yield of 0.0 or PTB Ratio of 26.09. Healthcare financial statements analysis is a perfect complement when working with Healthcare Triangle Valuation or Volatility modules.
  
Check out the analysis of Healthcare Triangle Correlation against competitors.
For more detail on how to invest in Healthcare Stock please use our How to Invest in Healthcare Triangle guide.

Latest Healthcare Triangle's Receivables Turnover Growth Pattern

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

Healthcare Receivables Turnover Regression Statistics

Arithmetic Mean6.76
Geometric Mean6.60
Coefficient Of Variation21.47
Mean Deviation0.84
Median6.89
Standard Deviation1.45
Sample Variance2.10
Range6.6141
R-Value(0.03)
Mean Square Error2.26
R-Squared0.0007
Significance0.92
Slope(0.01)
Total Sum of Squares29.47

Healthcare Receivables Turnover History

2024 5.42
2023 10.26
2022 8.21
2021 3.65
2020 4.9

About Healthcare Triangle Financial Statements

Investors use fundamental indicators, such as Healthcare Triangle's Receivables Turnover, to determine how well the company is positioned to perform in the future. Although Healthcare Triangle'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 10.26  5.42 

Currently Active Assets on Macroaxis

When determining whether Healthcare Triangle offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Healthcare Triangle'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 Healthcare Triangle Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Healthcare Triangle Stock:
Check out the analysis of Healthcare Triangle Correlation against competitors.
For more detail on how to invest in Healthcare Stock please use our How to Invest in Healthcare Triangle guide.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Health Care Equipment & Supplies 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 Healthcare Triangle. If investors know Healthcare 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 Healthcare Triangle listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.17)
Revenue Per Share
4.813
Quarterly Revenue Growth
(0.65)
Return On Assets
(0.55)
Return On Equity
(2.88)
The market value of Healthcare Triangle is measured differently than its book value, which is the value of Healthcare that is recorded on the company's balance sheet. Investors also form their own opinion of Healthcare Triangle's value that differs from its market value or its book value, called intrinsic value, which is Healthcare Triangle'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 Healthcare Triangle's market value can be influenced by many factors that don't directly affect Healthcare Triangle'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 Healthcare Triangle's value and its price as these two are different measures arrived at by different means. Investors typically determine if Healthcare Triangle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Healthcare Triangle'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.