Rocket Receivables Turnover from 2010 to 2024

RKT Stock  USD 12.78  0.20  1.59%   
Rocket Companies Receivables Turnover yearly trend continues to be comparatively stable with very little volatility. Receivables Turnover will likely drop to 5.93 in 2024. From the period from 2010 to 2024, Rocket Companies Receivables Turnover quarterly data regression had r-value of (0.05) and coefficient of variation of  45.96. View All Fundamentals
 
Receivables Turnover  
First Reported
2010-12-31
Previous Quarter
6.24034384
Current Value
5.93
Quarterly Volatility
7.46727267
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Rocket Companies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Rocket Companies' main balance sheet or income statement drivers, such as Interest Income of 286.6 M, Interest Expense of 279.4 M or Selling General Administrative of 3.4 B, as well as many indicators such as Price To Sales Ratio of 0.39, Dividend Yield of 1.81 or PTB Ratio of 1.76. Rocket financial statements analysis is a perfect complement when working with Rocket Companies Valuation or Volatility modules.
  
Check out the analysis of Rocket Companies Correlation against competitors.
For more information on how to buy Rocket Stock please use our How to Invest in Rocket Companies guide.

Latest Rocket Companies' Receivables Turnover Growth Pattern

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

Rocket Receivables Turnover Regression Statistics

Arithmetic Mean16.25
Geometric Mean14.85
Coefficient Of Variation45.96
Mean Deviation4.22
Median15.36
Standard Deviation7.47
Sample Variance55.76
Range32.3631
R-Value(0.05)
Mean Square Error59.91
R-Squared0
Significance0.86
Slope(0.08)
Total Sum of Squares780.64

Rocket Receivables Turnover History

2024 5.93
2023 6.24
2022 12.93
2021 24.49
2020 38.29
2019 17.62

About Rocket Companies Financial Statements

Rocket Companies shareholders use historical fundamental indicators, such as Receivables Turnover, to determine how well the company is positioned to perform in the future. Although Rocket Companies investors may analyze each financial statement separately, they are all interrelated. The changes in Rocket Companies' assets and liabilities, for example, are also reflected in the revenues and expenses on on Rocket Companies' 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 6.24  5.93 

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Additional Tools for Rocket Stock Analysis

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