SIMPPLE Receivables Turnover from 2010 to 2024

SPPL Stock   1.09  0.01  0.91%   
SIMPPLE Receivables Turnover yearly trend continues to be quite stable with very little volatility. The value of Receivables Turnover is projected to decrease to 1.00. From the period between 2010 and 2024, SIMPPLE, Receivables Turnover regression line of its data series had standard deviation of  1.71 and standard deviation of  1.71. View All Fundamentals
 
Receivables Turnover  
First Reported
2010-12-31
Previous Quarter
1.05617537
Current Value
1
Quarterly Volatility
1.71304625
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check SIMPPLE financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SIMPPLE's main balance sheet or income statement drivers, such as Tax Provision of 21.9 K, Depreciation And Amortization of 336.3 K or Interest Expense of 161.9 K, as well as many indicators such as Price To Sales Ratio of 26.94, Dividend Yield of 0.0 or PTB Ratio of 33.67. SIMPPLE financial statements analysis is a perfect complement when working with SIMPPLE Valuation or Volatility modules.
  
Check out the analysis of SIMPPLE Correlation against competitors.

Latest SIMPPLE's Receivables Turnover Growth Pattern

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

SIMPPLE Receivables Turnover Regression Statistics

Arithmetic Mean2.28
Geometric Mean2.00
Coefficient Of Variation75.11
Mean Deviation0.81
Median1.99
Standard Deviation1.71
Sample Variance2.93
Range7.3538
R-Value0.18
Mean Square Error3.06
R-Squared0.03
Significance0.52
Slope0.07
Total Sum of Squares41.08

SIMPPLE Receivables Turnover History

2024 1.0
2023 1.06
2022 8.35
2021 1.96

About SIMPPLE Financial Statements

SIMPPLE investors utilize fundamental indicators, such as Receivables Turnover, to predict how SIMPPLE 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 1.06  1.00 

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When determining whether SIMPPLE LTD Ordinary is a strong investment it is important to analyze SIMPPLE'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 SIMPPLE's future performance. For an informed investment choice regarding SIMPPLE Stock, refer to the following important reports:
Check out the analysis of SIMPPLE Correlation against competitors.
You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Is Trading Companies & Distributors 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 SIMPPLE. If investors know SIMPPLE 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 SIMPPLE listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.35)
Revenue Per Share
0.289
Quarterly Revenue Growth
(0.16)
Return On Assets
(0.22)
Return On Equity
(3.91)
The market value of SIMPPLE LTD Ordinary is measured differently than its book value, which is the value of SIMPPLE that is recorded on the company's balance sheet. Investors also form their own opinion of SIMPPLE's value that differs from its market value or its book value, called intrinsic value, which is SIMPPLE'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 SIMPPLE's market value can be influenced by many factors that don't directly affect SIMPPLE'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 SIMPPLE's value and its price as these two are different measures arrived at by different means. Investors typically determine if SIMPPLE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SIMPPLE'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.