Starbox Receivables Turnover from 2010 to 2024

STBX Stock  USD 1.22  0.03  2.52%   
Starbox Group Receivables Turnover yearly trend continues to be fairly stable with very little volatility. Receivables Turnover is likely to outpace its year average in 2024. During the period from 2010 to 2024, Starbox Group Receivables Turnover regression line of annual values had r-squared of  0.32 and arithmetic mean of  1.01. View All Fundamentals
 
Receivables Turnover  
First Reported
2010-12-31
Previous Quarter
1.11
Current Value
1.53
Quarterly Volatility
0.86972499
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Starbox Group financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Starbox Group's main balance sheet or income statement drivers, such as Tax Provision of 2.6 M, Depreciation And Amortization of 2.2 M or Interest Expense of 71.7 K, as well as many indicators such as Price To Sales Ratio of 87.44, Dividend Yield of 0.0 or PTB Ratio of 9.89. Starbox financial statements analysis is a perfect complement when working with Starbox Group Valuation or Volatility modules.
  
Check out the analysis of Starbox Group Correlation against competitors.

Latest Starbox Group's Receivables Turnover Growth Pattern

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

Starbox Receivables Turnover Regression Statistics

Arithmetic Mean1.01
Geometric Mean0.81
Coefficient Of Variation85.84
Mean Deviation0.62
Median0.55
Standard Deviation0.87
Sample Variance0.76
Range2.9902
R-Value0.57
Mean Square Error0.55
R-Squared0.32
Significance0.03
Slope0.11
Total Sum of Squares10.59

Starbox Receivables Turnover History

2024 1.53
2023 1.11
2022 1.23
2021 3.54
2020 2.32

About Starbox Group Financial Statements

Starbox Group investors use historical fundamental indicators, such as Starbox Group'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 Starbox Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Receivables Turnover 1.11  1.53 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Starbox Stock Analysis

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