Cogent Receivables Turnover from 2010 to 2024

CCOI Stock  USD 82.15  0.42  0.51%   
Cogent Communications' Receivables Turnover is decreasing with stable movements from year to year. Receivables Turnover is predicted to flatten to 2.80. For the period between 2010 and 2024, Cogent Communications, Receivables Turnover quarterly trend regression had mean deviation of  3.20 and range of 11.4528. View All Fundamentals
 
Receivables Turnover  
First Reported
2010-12-31
Previous Quarter
2.94721511
Current Value
2.8
Quarterly Volatility
4.21245493
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Cogent Communications financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cogent Communications' main balance sheet or income statement drivers, such as Depreciation And Amortization of 243.8 M, Interest Expense of 112.1 M or Selling General Administrative of 289.1 M, as well as many indicators such as Price To Sales Ratio of 2.89, Dividend Yield of 0.0314 or PTB Ratio of 6.21. Cogent financial statements analysis is a perfect complement when working with Cogent Communications Valuation or Volatility modules.
  
Check out the analysis of Cogent Communications Correlation against competitors.

Latest Cogent Communications' Receivables Turnover Growth Pattern

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

Cogent Receivables Turnover Regression Statistics

Arithmetic Mean10.80
Geometric Mean9.42
Coefficient Of Variation39.01
Mean Deviation3.20
Median12.47
Standard Deviation4.21
Sample Variance17.74
Range11.4528
R-Value(0.14)
Mean Square Error18.72
R-Squared0.02
Significance0.61
Slope(0.13)
Total Sum of Squares248.43

Cogent Receivables Turnover History

2024 2.8
2023 2.95
2022 13.59
2021 14.06
2020 12.86
2019 13.49
2018 12.47

About Cogent Communications Financial Statements

Investors use fundamental indicators, such as Cogent Communications' Receivables Turnover, to determine how well the company is positioned to perform in the future. Although Cogent Communications' 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 2.95  2.80 

Currently Active Assets on Macroaxis

When determining whether Cogent Communications offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cogent Communications' 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 Cogent Communications Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cogent Communications Group Stock:
Check out the analysis of Cogent Communications Correlation against competitors.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Diversified Telecommunication Services 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 Cogent Communications. If investors know Cogent 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 Cogent Communications 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
228.092
Dividend Share
3.88
Earnings Share
0.69
Revenue Per Share
20.531
Quarterly Revenue Growth
(0.09)
The market value of Cogent Communications is measured differently than its book value, which is the value of Cogent that is recorded on the company's balance sheet. Investors also form their own opinion of Cogent Communications' value that differs from its market value or its book value, called intrinsic value, which is Cogent Communications' 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 Cogent Communications' market value can be influenced by many factors that don't directly affect Cogent Communications' 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 Cogent Communications' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cogent Communications is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cogent Communications' 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.