Monster Receivables Turnover from 2010 to 2024

MNST Stock  USD 55.14  0.31  0.57%   
Monster Beverage Receivables Turnover yearly trend continues to be comparatively stable with very little volatility. Receivables Turnover will likely drop to 5.68 in 2024. From the period from 2010 to 2024, Monster Beverage Receivables Turnover quarterly data regression had r-value of (0.61) and coefficient of variation of  36.48. View All Fundamentals
 
Receivables Turnover  
First Reported
2010-12-31
Previous Quarter
5.98010242
Current Value
5.68
Quarterly Volatility
2.79391638
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Monster Beverage financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Monster Beverage's main balance sheet or income statement drivers, such as Interest Expense of 120.9 M, Total Revenue of 7.5 B or Gross Profit of 4 B, as well as many indicators such as Price To Sales Ratio of 4.42, Dividend Yield of 0.0 or PTB Ratio of 4.82. Monster financial statements analysis is a perfect complement when working with Monster Beverage Valuation or Volatility modules.
  
Check out the analysis of Monster Beverage Correlation against competitors.

Latest Monster Beverage's Receivables Turnover Growth Pattern

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

Monster Receivables Turnover Regression Statistics

Arithmetic Mean7.66
Geometric Mean7.33
Coefficient Of Variation36.48
Mean Deviation1.58
Median7.50
Standard Deviation2.79
Sample Variance7.81
Range11.6072
R-Value(0.61)
Mean Square Error5.28
R-Squared0.37
Significance0.02
Slope(0.38)
Total Sum of Squares109.28

Monster Receivables Turnover History

2024 5.68
2023 5.98
2022 6.21
2021 6.18
2020 6.9
2019 7.77
2018 7.86

About Monster Beverage Financial Statements

Monster Beverage shareholders use historical fundamental indicators, such as Receivables Turnover, to determine how well the company is positioned to perform in the future. Although Monster Beverage investors may analyze each financial statement separately, they are all interrelated. The changes in Monster Beverage's assets and liabilities, for example, are also reflected in the revenues and expenses on on Monster Beverage'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 5.98  5.68 

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Additional Tools for Monster Stock Analysis

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