Birks Receivables Turnover from 2010 to 2024

BGI Stock  USD 1.57  0.04  2.48%   
Birks' Receivables Turnover is increasing with very volatile movements from year to year. Receivables Turnover is predicted to flatten to 26.13. For the period between 2010 and 2024, Birks, Receivables Turnover quarterly trend regression had mean deviation of  2.55 and range of 11.0998. View All Fundamentals
 
Receivables Turnover  
First Reported
2010-12-31
Previous Quarter
37.11438301
Current Value
26.12634279
Quarterly Volatility
3.88603106
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Birks financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Birks' main balance sheet or income statement drivers, such as Depreciation And Amortization of 4 M, Interest Expense of 6.6 M or Selling General Administrative of 77.3 M, as well as many indicators such as Price To Sales Ratio of 1.25, Dividend Yield of 0.0 or Days Sales Outstanding of 13.97. Birks financial statements analysis is a perfect complement when working with Birks Valuation or Volatility modules.
  
Check out the analysis of Birks Correlation against competitors.

Latest Birks' Receivables Turnover Growth Pattern

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

Birks Receivables Turnover Regression Statistics

Arithmetic Mean35.64
Geometric Mean35.41
Coefficient Of Variation10.90
Mean Deviation2.55
Median37.11
Standard Deviation3.89
Sample Variance15.10
Range11.0998
R-Value0
Mean Square Error16.26
R-Squared0.00001
Significance0.99
Slope0
Total Sum of Squares211.42

Birks Receivables Turnover History

2024 26.13
2011 37.11
2010 26.01

About Birks Financial Statements

Investors use fundamental indicators, such as Birks' Receivables Turnover, to determine how well the company is positioned to perform in the future. Although Birks' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Receivables Turnover 37.11  26.13 

Currently Active Assets on Macroaxis

When determining whether Birks Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Birks' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Birks Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Birks Group Stock:
Check out the analysis of Birks Correlation against competitors.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Specialty Retail 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 Birks. If investors know Birks 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 Birks listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.17)
Revenue Per Share
9.722
Quarterly Revenue Growth
0.175
Return On Assets
0.0038
Return On Equity
(5.89)
The market value of Birks Group is measured differently than its book value, which is the value of Birks that is recorded on the company's balance sheet. Investors also form their own opinion of Birks' value that differs from its market value or its book value, called intrinsic value, which is Birks' 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 Birks' market value can be influenced by many factors that don't directly affect Birks' 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 Birks' value and its price as these two are different measures arrived at by different means. Investors typically determine if Birks is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Birks' 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.