Atlantic Receivables Turnover from 2010 to 2024

AAME Stock  USD 1.63  0.04  2.52%   
Atlantic American's Receivables Turnover is increasing over the years with stable fluctuation. Overall, Receivables Turnover is expected to go to 16.12 this year. During the period from 2010 to 2024 Atlantic American Receivables Turnover annual values regression line had geometric mean of  16.46 and mean square error of  1.98. View All Fundamentals
 
Receivables Turnover  
First Reported
2010-12-31
Previous Quarter
15.35
Current Value
16.12
Quarterly Volatility
1.39486559
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Atlantic American financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Atlantic American's main balance sheet or income statement drivers, such as Interest Expense of 2.4 M, Total Revenue of 160.7 M or Gross Profit of 160.7 M, as well as many indicators such as Price To Sales Ratio of 0.43, Dividend Yield of 0.0123 or PTB Ratio of 0.86. Atlantic financial statements analysis is a perfect complement when working with Atlantic American Valuation or Volatility modules.
  
Check out the analysis of Atlantic American Correlation against competitors.
For information on how to trade Atlantic Stock refer to our How to Trade Atlantic Stock guide.

Latest Atlantic American's Receivables Turnover Growth Pattern

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

Atlantic Receivables Turnover Regression Statistics

Arithmetic Mean16.53
Geometric Mean16.46
Coefficient Of Variation8.44
Mean Deviation0.84
Median17.05
Standard Deviation1.39
Sample Variance1.95
Range5.2555
R-Value0.23
Mean Square Error1.98
R-Squared0.05
Significance0.41
Slope0.07
Total Sum of Squares27.24

Atlantic Receivables Turnover History

2024 16.12
2023 15.35
2011 17.05
2010 11.8

About Atlantic American Financial Statements

Atlantic American stakeholders use historical fundamental indicators, such as Atlantic American's Receivables Turnover, to determine how well the company is positioned to perform in the future. Although Atlantic American investors may analyze each financial statement separately, they are all interrelated. For example, changes in Atlantic American's assets and liabilities are reflected in the revenues and expenses on Atlantic American's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Atlantic American. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Receivables Turnover 15.35  16.12 

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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.
When determining whether Atlantic American is a strong investment it is important to analyze Atlantic American'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 Atlantic American's future performance. For an informed investment choice regarding Atlantic Stock, refer to the following important reports:
Check out the analysis of Atlantic American Correlation against competitors.
For information on how to trade Atlantic Stock refer to our How to Trade Atlantic Stock guide.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Multi-line Insurance 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 Atlantic American. If investors know Atlantic 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 Atlantic American listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.78)
Earnings Share
(0.36)
Revenue Per Share
9.117
Quarterly Revenue Growth
(0.03)
Return On Assets
(0)
The market value of Atlantic American is measured differently than its book value, which is the value of Atlantic that is recorded on the company's balance sheet. Investors also form their own opinion of Atlantic American's value that differs from its market value or its book value, called intrinsic value, which is Atlantic American'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 Atlantic American's market value can be influenced by many factors that don't directly affect Atlantic American'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 Atlantic American's value and its price as these two are different measures arrived at by different means. Investors typically determine if Atlantic American is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Atlantic American'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.