Akoustis Receivables Turnover from 2010 to 2024

AKTS Stock  USD 0.1  0.01  7.81%   
Akoustis Technologies Receivables Turnover yearly trend continues to be comparatively stable with very little volatility. Receivables Turnover is likely to outpace its year average in 2024. From the period from 2010 to 2024, Akoustis Technologies Receivables Turnover quarterly data regression had r-value of (0.34) and coefficient of variation of  8.15. View All Fundamentals
 
Receivables Turnover  
First Reported
2010-12-31
Previous Quarter
5.17167139
Current Value
5.72
Quarterly Volatility
0.44279693
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Akoustis Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Akoustis Technologies' main balance sheet or income statement drivers, such as Interest Expense of 2.5 M, Selling General Administrative of 37.7 M or Other Operating Expenses of 144.2 M, as well as many indicators such as Price To Sales Ratio of 111, Dividend Yield of 0.0 or PTB Ratio of 7 K. Akoustis financial statements analysis is a perfect complement when working with Akoustis Technologies Valuation or Volatility modules.
  
Check out the analysis of Akoustis Technologies Correlation against competitors.
For more information on how to buy Akoustis Stock please use our How to Invest in Akoustis Technologies guide.

Latest Akoustis Technologies' Receivables Turnover Growth Pattern

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

Akoustis Receivables Turnover Regression Statistics

Arithmetic Mean5.43
Geometric Mean5.41
Coefficient Of Variation8.15
Mean Deviation0.31
Median5.63
Standard Deviation0.44
Sample Variance0.20
Range1.6731
R-Value(0.34)
Mean Square Error0.19
R-Squared0.12
Significance0.21
Slope(0.03)
Total Sum of Squares2.74

Akoustis Receivables Turnover History

2024 5.72
2023 5.17
2022 5.71
2021 4.05
2020 5.66
2019 5.1
2018 5.06

About Akoustis Technologies Financial Statements

Akoustis Technologies shareholders use historical fundamental indicators, such as Receivables Turnover, to determine how well the company is positioned to perform in the future. Although Akoustis Technologies investors may analyze each financial statement separately, they are all interrelated. The changes in Akoustis Technologies' assets and liabilities, for example, are also reflected in the revenues and expenses on on Akoustis Technologies' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Receivables Turnover 5.17  5.72 

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Additional Tools for Akoustis Stock Analysis

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