Cemtrex Change Receivables from 2010 to 2024

CETX Stock  USD 3.18  0.03  0.93%   
Cemtrex Change Receivables yearly trend continues to be fairly stable with very little volatility. Change Receivables will likely drop to about -752.6 K in 2024. Change Receivables is the difference in the amount of accounts receivable from one accounting period to the next. A positive number indicates an increase in receivables, while a negative number indicates a decrease. View All Fundamentals
 
Change Receivables  
First Reported
2013-12-31
Previous Quarter
M
Current Value
185.8 K
Quarterly Volatility
1.8 M
 
Yuan Drop
 
Covid
Check Cemtrex financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cemtrex's main balance sheet or income statement drivers, such as Depreciation And Amortization of 614.5 K, Interest Expense of 6 M or Total Revenue of 45.7 M, as well as many indicators such as Price To Sales Ratio of 126, Dividend Yield of 0.0 or PTB Ratio of 1.2 K. Cemtrex financial statements analysis is a perfect complement when working with Cemtrex Valuation or Volatility modules.
  
Check out the analysis of Cemtrex Correlation against competitors.
For more information on how to buy Cemtrex Stock please use our How to Invest in Cemtrex guide.

Latest Cemtrex's Change Receivables Growth Pattern

Below is the plot of the Change Receivables of Cemtrex over the last few years. It is the difference in the amount of accounts receivable from one accounting period to the next. A positive number indicates an increase in receivables, while a negative number indicates a decrease. Cemtrex's Change Receivables historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cemtrex's overall financial position and show how it may be relating to other accounts over time.
Change Receivables10 Years Trend
Pretty Stable
   Change Receivables   
       Timeline  

Cemtrex Change Receivables Regression Statistics

Arithmetic Mean(882,531)
Coefficient Of Variation(202.94)
Mean Deviation1,015,806
Median(732,704)
Standard Deviation1,791,023
Sample Variance3.2T
Range8.6M
R-Value0.26
Mean Square Error3.2T
R-Squared0.07
Significance0.35
Slope103,314
Total Sum of Squares44.9T

Cemtrex Change Receivables History

2024-752.6 K
2023-716.8 K
2019-623.3 K
2018M
20171.4 M
2016-1.9 M
2015-5.6 M

About Cemtrex Financial Statements

Cemtrex investors use historical fundamental indicators, such as Cemtrex's Change Receivables, 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 Cemtrex. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Change Receivables-716.8 K-752.6 K

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Additional Tools for Cemtrex Stock Analysis

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