Third Receivables Turnover from 2010 to 2024

TCBX Stock  USD 34.75  0.48  1.36%   
Third Coast 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, Third Coast Receivables Turnover regression line of annual values had r-squared of  0.49 and arithmetic mean of  9.38. View All Fundamentals
 
Receivables Turnover  
First Reported
2010-12-31
Previous Quarter
6.11634948
Current Value
8.25
Quarterly Volatility
1.91869617
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Third Coast financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Third Coast's main balance sheet or income statement drivers, such as Tax Provision of 4.3 M, Net Interest Income of 97.5 M or Interest Income of 138 M, as well as many indicators such as Price To Sales Ratio of 1.81, Dividend Yield of 0.0184 or PTB Ratio of 0.62. Third financial statements analysis is a perfect complement when working with Third Coast Valuation or Volatility modules.
  
Check out the analysis of Third Coast Correlation against competitors.

Latest Third Coast's Receivables Turnover Growth Pattern

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

Third Receivables Turnover Regression Statistics

Arithmetic Mean9.38
Geometric Mean9.15
Coefficient Of Variation20.46
Mean Deviation1.56
Median10.54
Standard Deviation1.92
Sample Variance3.68
Range5.4836
R-Value(0.70)
Mean Square Error2.02
R-Squared0.49
Significance0
Slope(0.30)
Total Sum of Squares51.54

Third Receivables Turnover History

2024 8.25
2023 6.12
2022 6.67
2021 9.1
2020 5.06

About Third Coast Financial Statements

Third Coast investors use historical fundamental indicators, such as Third Coast'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 Third Coast. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Receivables Turnover 6.12  8.25 

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Additional Tools for Third Stock Analysis

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