Versus Receivables Turnover from 2010 to 2024

VSSYW Stock  USD 0.05  0.01  15.00%   
Versus Systems Receivables Turnover yearly trend continues to be fairly stable with very little volatility. Receivables Turnover will likely drop to 13.87 in 2024. During the period from 2010 to 2024, Versus Systems Receivables Turnover regression line of quarterly data had mean square error of  23.98 and geometric mean of  1.59. View All Fundamentals
 
Receivables Turnover  
First Reported
2010-12-31
Previous Quarter
14.88140709
Current Value
13.87
Quarterly Volatility
6.6944219
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Versus Systems financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Versus Systems' main balance sheet or income statement drivers, such as Total Revenue of 430.9 K, Gross Profit of 176.5 K or Other Operating Expenses of 11.6 M, as well as many indicators such as Price To Sales Ratio of 9.69, Dividend Yield of 0.0 or PTB Ratio of 0.22. Versus financial statements analysis is a perfect complement when working with Versus Systems Valuation or Volatility modules.
  
Check out the analysis of Versus Systems Correlation against competitors.
For more information on how to buy Versus Stock please use our How to Invest in Versus Systems guide.

Latest Versus Systems' Receivables Turnover Growth Pattern

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

Versus Receivables Turnover Regression Statistics

Arithmetic Mean5.29
Geometric Mean1.59
Coefficient Of Variation126.55
Mean Deviation5.57
Median0.34
Standard Deviation6.69
Sample Variance44.82
Range17.9138
R-Value0.71
Mean Square Error23.98
R-Squared0.50
Significance0
Slope1.06
Total Sum of Squares627.41

Versus Receivables Turnover History

2024 13.87
2023 14.88
2022 18.25
2021 6.22
2020 3.15
2019 14.89

About Versus Systems Financial Statements

Versus Systems investors use historical fundamental indicators, such as Versus Systems' 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 Versus Systems. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Receivables Turnover 14.88  13.87 

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 Versus Stock Analysis

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