Solid Receivables Turnover from 2010 to 2024

SLDPW Stock  USD 0.12  0.01  9.09%   
Solid Power Receivables Turnover yearly trend continues to be fairly stable with very little volatility. Receivables Turnover will likely drop to 5.90 in 2024. During the period from 2010 to 2024, Solid Power Receivables Turnover regression line of quarterly data had mean square error of  2.85 and geometric mean of  7.64. View All Fundamentals
 
Receivables Turnover  
First Reported
2010-12-31
Previous Quarter
11.21056021
Current Value
5.9
Quarterly Volatility
1.7076422
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Solid Power financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Solid Power's main balance sheet or income statement drivers, such as Net Interest Income of 16.1 M, Interest Income of 16.2 M or Depreciation And Amortization of 13.4 M, as well as many indicators such as Price To Sales Ratio of 14.08, Dividend Yield of 0.0 or PTB Ratio of 0.49. Solid financial statements analysis is a perfect complement when working with Solid Power Valuation or Volatility modules.
  
Check out the analysis of Solid Power Correlation against competitors.
For more information on how to buy Solid Stock please use our How to Invest in Solid Power guide.

Latest Solid Power's Receivables Turnover Growth Pattern

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

Solid Receivables Turnover Regression Statistics

Arithmetic Mean7.87
Geometric Mean7.64
Coefficient Of Variation21.71
Mean Deviation1.11
Median8.36
Standard Deviation1.71
Sample Variance2.92
Range7.9391
R-Value(0.30)
Mean Square Error2.85
R-Squared0.09
Significance0.27
Slope(0.12)
Total Sum of Squares40.82

Solid Receivables Turnover History

2024 5.9
2023 11.21
2022 6.41
2021 3.27
2020 7.59

About Solid Power Financial Statements

Solid Power investors use historical fundamental indicators, such as Solid Power's Receivables Turnover, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Solid Power. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Receivables Turnover 11.21  5.90 

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Additional Tools for Solid Stock Analysis

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