Nexstar Receivables Turnover from 2010 to 2024

NXST Stock  USD 169.15  1.61  0.96%   
Nexstar Broadcasting 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, Nexstar Broadcasting Receivables Turnover quarterly data regression had r-value of  0.28 and coefficient of variation of  11.90. View All Fundamentals
 
Receivables Turnover  
First Reported
2010-12-31
Previous Quarter
4.50502283
Current Value
5.15
Quarterly Volatility
0.54634669
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Nexstar Broadcasting financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nexstar Broadcasting's main balance sheet or income statement drivers, such as Depreciation And Amortization of 988 M, Interest Expense of 469.4 M or Total Revenue of 5.2 B, as well as many indicators such as Price To Sales Ratio of 0.93, Dividend Yield of 0.0268 or PTB Ratio of 2.29. Nexstar financial statements analysis is a perfect complement when working with Nexstar Broadcasting Valuation or Volatility modules.
  
Check out the analysis of Nexstar Broadcasting Correlation against competitors.

Latest Nexstar Broadcasting's Receivables Turnover Growth Pattern

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

Nexstar Receivables Turnover Regression Statistics

Arithmetic Mean4.59
Geometric Mean4.56
Coefficient Of Variation11.90
Mean Deviation0.40
Median4.64
Standard Deviation0.55
Sample Variance0.30
Range1.7306
R-Value0.28
Mean Square Error0.30
R-Squared0.08
Significance0.31
Slope0.03
Total Sum of Squares4.18

Nexstar Receivables Turnover History

2024 5.15
2023 4.51
2022 4.83
2021 4.55
2020 4.97
2019 3.44

About Nexstar Broadcasting Financial Statements

Nexstar Broadcasting shareholders use historical fundamental indicators, such as Receivables Turnover, to determine how well the company is positioned to perform in the future. Although Nexstar Broadcasting investors may analyze each financial statement separately, they are all interrelated. The changes in Nexstar Broadcasting's assets and liabilities, for example, are also reflected in the revenues and expenses on on Nexstar Broadcasting'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 4.51  5.15 

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 Nexstar Stock Analysis

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