Pilgrims Receivables Turnover from 2010 to 2024

PPC Stock  USD 49.96  0.13  0.26%   
Pilgrims Pride's Receivables Turnover is decreasing over the years with slightly volatile fluctuation. Overall, Receivables Turnover is expected to go to 16.03 this year. During the period from 2010 to 2024 Pilgrims Pride Receivables Turnover annual values regression line had geometric mean of  15.56 and mean square error of  2.51. View All Fundamentals
 
Receivables Turnover  
First Reported
2010-12-31
Previous Quarter
12.09
Current Value
16.03
Quarterly Volatility
2.17513243
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Pilgrims Pride financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Pilgrims Pride's main balance sheet or income statement drivers, such as Depreciation And Amortization of 440.9 M, Interest Expense of 212.4 M or Total Revenue of 18.2 B, as well as many indicators such as Price To Sales Ratio of 0.25, Dividend Yield of 0.0226 or PTB Ratio of 1.57. Pilgrims financial statements analysis is a perfect complement when working with Pilgrims Pride Valuation or Volatility modules.
  
Check out the analysis of Pilgrims Pride Correlation against competitors.

Latest Pilgrims Pride's Receivables Turnover Growth Pattern

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

Pilgrims Receivables Turnover Regression Statistics

Arithmetic Mean15.71
Geometric Mean15.56
Coefficient Of Variation13.85
Mean Deviation1.98
Median16.03
Standard Deviation2.18
Sample Variance4.73
Range6.8532
R-Value(0.71)
Mean Square Error2.51
R-Squared0.51
Significance0
Slope(0.35)
Total Sum of Squares66.24

Pilgrims Receivables Turnover History

2024 16.03
2023 12.09
2022 13.44
2017 18.94
2016 13.91
2011 17.64
2010 17.32

About Pilgrims Pride Financial Statements

Pilgrims Pride stakeholders use historical fundamental indicators, such as Pilgrims Pride's Receivables Turnover, to determine how well the company is positioned to perform in the future. Although Pilgrims Pride investors may analyze each financial statement separately, they are all interrelated. For example, changes in Pilgrims Pride's assets and liabilities are reflected in the revenues and expenses on Pilgrims Pride'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 Pilgrims Pride Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Receivables Turnover 12.09  16.03 

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When determining whether Pilgrims Pride Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Pilgrims Pride'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 Pilgrims Pride Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Pilgrims Pride Corp Stock:
Check out the analysis of Pilgrims Pride Correlation against competitors.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Is Packaged Foods & Meats 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 Pilgrims Pride. If investors know Pilgrims 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 Pilgrims Pride 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
1.882
Earnings Share
4.16
Revenue Per Share
76.123
Quarterly Revenue Growth
0.052
Return On Assets
0.0909
The market value of Pilgrims Pride Corp is measured differently than its book value, which is the value of Pilgrims that is recorded on the company's balance sheet. Investors also form their own opinion of Pilgrims Pride's value that differs from its market value or its book value, called intrinsic value, which is Pilgrims Pride'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 Pilgrims Pride's market value can be influenced by many factors that don't directly affect Pilgrims Pride'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 Pilgrims Pride's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pilgrims Pride is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pilgrims Pride'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.