Ohio Receivables Turnover from 2010 to 2024

OVBC Stock  USD 26.40  0.34  1.27%   
Ohio Valley's Receivables Turnover is decreasing over the years with stable fluctuation. Receivables Turnover is expected to dwindle to 11.12. During the period from 2010 to 2024 Ohio Valley Receivables Turnover annual values regression line had geometric mean of  16.41 and mean square error of  22.08. View All Fundamentals
 
Receivables Turnover  
First Reported
2010-12-31
Previous Quarter
14.12
Current Value
11.12
Quarterly Volatility
4.60626869
 
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Covid
Check Ohio Valley financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ohio Valley's main balance sheet or income statement drivers, such as Depreciation And Amortization of 840.2 K, Interest Expense of 10.2 M or Selling General Administrative of 18.3 M, as well as many indicators such as Price To Sales Ratio of 3.19, Dividend Yield of 0.0249 or PTB Ratio of 0.72. Ohio financial statements analysis is a perfect complement when working with Ohio Valley Valuation or Volatility modules.
  
Check out the analysis of Ohio Valley Correlation against competitors.

Latest Ohio Valley's Receivables Turnover Growth Pattern

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

Ohio Receivables Turnover Regression Statistics

Arithmetic Mean17.12
Geometric Mean16.41
Coefficient Of Variation26.90
Mean Deviation3.73
Median15.69
Standard Deviation4.61
Sample Variance21.22
Range16.7622
R-Value(0.18)
Mean Square Error22.08
R-Squared0.03
Significance0.51
Slope(0.19)
Total Sum of Squares297.05

Ohio Receivables Turnover History

2024 11.12
2023 14.12
2019 15.69
2018 19.96
2017 20.44
2016 19.25
2015 23.14

About Ohio Valley Financial Statements

Ohio Valley stakeholders use historical fundamental indicators, such as Ohio Valley's Receivables Turnover, to determine how well the company is positioned to perform in the future. Although Ohio Valley investors may analyze each financial statement separately, they are all interrelated. For example, changes in Ohio Valley's assets and liabilities are reflected in the revenues and expenses on Ohio Valley's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Ohio Valley Banc. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Receivables Turnover 14.12  11.12 

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When determining whether Ohio Valley Banc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ohio Valley'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 Ohio Valley Banc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ohio Valley Banc Stock:
Check out the analysis of Ohio Valley Correlation against competitors.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Regional Banks 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 Ohio Valley. If investors know Ohio 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 Ohio Valley listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.224
Dividend Share
0.88
Earnings Share
2.47
Revenue Per Share
12.065
Quarterly Revenue Growth
0.112
The market value of Ohio Valley Banc is measured differently than its book value, which is the value of Ohio that is recorded on the company's balance sheet. Investors also form their own opinion of Ohio Valley's value that differs from its market value or its book value, called intrinsic value, which is Ohio Valley'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 Ohio Valley's market value can be influenced by many factors that don't directly affect Ohio Valley'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 Ohio Valley's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ohio Valley is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ohio Valley'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.