Prestige Receivables Turnover from 2010 to 2024

PWM Stock   1.14  0.08  7.55%   
Prestige Wealth Receivables Turnover yearly trend continues to be very stable with very little volatility. Receivables Turnover is likely to drop to 0.52. During the period from 2010 to 2024, Prestige Wealth Receivables Turnover quarterly data regression pattern had sample variance of  329.39 and median of  0.49. View All Fundamentals
 
Receivables Turnover  
First Reported
2010-12-31
Previous Quarter
0.55
Current Value
0.52
Quarterly Volatility
18.14904935
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Prestige Wealth financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Prestige Wealth's main balance sheet or income statement drivers, such as Net Income Applicable To Common Shares of 1.4 M, Depreciation And Amortization of 54.7 K or Selling General Administrative of 727.3 K, as well as many indicators such as Price To Sales Ratio of 74.31, Dividend Yield of 0.0024 or PTB Ratio of 9.52. Prestige financial statements analysis is a perfect complement when working with Prestige Wealth Valuation or Volatility modules.
  
Check out the analysis of Prestige Wealth Correlation against competitors.

Latest Prestige Wealth's Receivables Turnover Growth Pattern

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

Prestige Receivables Turnover Regression Statistics

Arithmetic Mean6.90
Geometric Mean0.91
Coefficient Of Variation263.08
Mean Deviation11.10
Median0.49
Standard Deviation18.15
Sample Variance329.39
Range65.5758
R-Value0.28
Mean Square Error326.75
R-Squared0.08
Significance0.31
Slope1.14
Total Sum of Squares4,611

Prestige Receivables Turnover History

2024 0.52
2023 0.55
2022 0.48
2021 30.97
2020 66.05

About Prestige Wealth Financial Statements

Prestige Wealth investors utilize fundamental indicators, such as Receivables Turnover, to predict how Prestige Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Receivables Turnover 0.55  0.52 

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Prestige Wealth Ordinary is a strong investment it is important to analyze Prestige Wealth's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Prestige Wealth's future performance. For an informed investment choice regarding Prestige Stock, refer to the following important reports:
Check out the analysis of Prestige Wealth Correlation against competitors.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Asset Management & Custody 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 Prestige Wealth. If investors know Prestige 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 Prestige Wealth 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
(0.82)
Earnings Share
(0.12)
Revenue Per Share
0.042
Quarterly Revenue Growth
(0.68)
Return On Assets
(0.11)
The market value of Prestige Wealth Ordinary is measured differently than its book value, which is the value of Prestige that is recorded on the company's balance sheet. Investors also form their own opinion of Prestige Wealth's value that differs from its market value or its book value, called intrinsic value, which is Prestige Wealth'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 Prestige Wealth's market value can be influenced by many factors that don't directly affect Prestige Wealth'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 Prestige Wealth's value and its price as these two are different measures arrived at by different means. Investors typically determine if Prestige Wealth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Prestige Wealth'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.