High Receivables Turnover from 2010 to 2025

HITI Stock  USD 2.53  0.06  2.32%   
High Tide's Receivables Turnover is increasing with slightly volatile movements from year to year. Receivables Turnover is estimated to finish at 149.21 this year. For the period between 2010 and 2025, High Tide, Receivables Turnover quarterly trend regression had mean deviation of  43.10 and range of 156. View All Fundamentals
 
Receivables Turnover  
First Reported
2010-12-31
Previous Quarter
142.1
Current Value
149.21
Quarterly Volatility
55.71689666
 
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Yuan Drop
 
Covid
Check High Tide financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among High Tide's main balance sheet or income statement drivers, such as Depreciation And Amortization of 30.7 M, Interest Expense of 7.5 M or Selling General Administrative of 117.9 M, as well as many indicators such as Price To Sales Ratio of 0.66, Dividend Yield of 0.0262 or PTB Ratio of 2.08. High financial statements analysis is a perfect complement when working with High Tide Valuation or Volatility modules.
  
Check out the analysis of High Tide Correlation against competitors.
For more detail on how to invest in High Stock please use our How to Invest in High Tide guide.

Latest High Tide's Receivables Turnover Growth Pattern

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

High Receivables Turnover Regression Statistics

Arithmetic Mean42.46
Geometric Mean19.06
Coefficient Of Variation131.21
Mean Deviation43.10
Median11.83
Standard Deviation55.72
Sample Variance3,104
Range156
R-Value0.81
Mean Square Error1,139
R-Squared0.66
Significance0.0001
Slope9.49
Total Sum of Squares46,566

High Receivables Turnover History

2025 149.21
2024 142.1
2023 157.89
2022 64.4
2021 43.52
2020 24.31
2019 28.37

About High Tide Financial Statements

Investors use fundamental indicators, such as High Tide's Receivables Turnover, to determine how well the company is positioned to perform in the future. Although High Tide'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 142.10  149.21 

Currently Active Assets on Macroaxis

When determining whether High Tide offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of High Tide'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 High Tide Stock. Outlined below are crucial reports that will aid in making a well-informed decision on High Tide Stock:
Check out the analysis of High Tide Correlation against competitors.
For more detail on how to invest in High Stock please use our How to Invest in High Tide guide.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Consumer Staples Distribution & Retail 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 High Tide. If investors know High 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 High Tide listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.04)
Revenue Per Share
6.565
Quarterly Revenue Growth
0.088
Return On Assets
0.0399
Return On Equity
(0.03)
The market value of High Tide is measured differently than its book value, which is the value of High that is recorded on the company's balance sheet. Investors also form their own opinion of High Tide's value that differs from its market value or its book value, called intrinsic value, which is High Tide'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 High Tide's market value can be influenced by many factors that don't directly affect High Tide'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 High Tide's value and its price as these two are different measures arrived at by different means. Investors typically determine if High Tide is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, High Tide'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.