Best Receivables Turnover from 2010 to 2024

BBY Stock  USD 86.51  0.26  0.30%   
Best Buy 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, Best Buy Receivables Turnover regression line of annual values had r-squared of  0.47 and arithmetic mean of  42.69. View All Fundamentals
 
Receivables Turnover  
First Reported
2010-12-31
Previous Quarter
46.27476038
Current Value
97.6218593
Quarterly Volatility
16.08829638
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Best Buy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Best Buy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 472.6 M, Interest Expense of 60.3 M or Selling General Administrative of 5.1 B, as well as many indicators such as Price To Sales Ratio of 0.0561, Dividend Yield of 0.0204 or PTB Ratio of 0.99. Best financial statements analysis is a perfect complement when working with Best Buy Valuation or Volatility modules.
  
Check out the analysis of Best Buy Correlation against competitors.

Latest Best Buy's Receivables Turnover Growth Pattern

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

Best Receivables Turnover Regression Statistics

Arithmetic Mean42.69
Geometric Mean40.87
Coefficient Of Variation37.69
Mean Deviation9.24
Median37.98
Standard Deviation16.09
Sample Variance258.83
Range65.1983
R-Value0.68
Mean Square Error148.31
R-Squared0.47
Significance0
Slope2.46
Total Sum of Squares3,624

Best Receivables Turnover History

2024 97.62
2020 46.27
2014 37.98

About Best Buy Financial Statements

Best Buy investors use historical fundamental indicators, such as Best Buy'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 Best Buy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Receivables Turnover 46.27  97.62 

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Additional Tools for Best Stock Analysis

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