CODX Change Receivables from 2010 to 2024

CODX Stock  USD 1.01  0.05  4.72%   
Co Diagnostics Change Receivables yearly trend continues to be fairly stable with very little volatility. Change Receivables is likely to outpace its year average 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
2010-12-31
Previous Quarter
17.2 M
Current Value
18.1 M
Quarterly Volatility
8.6 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Co Diagnostics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Co Diagnostics' main balance sheet or income statement drivers, such as Interest Expense of 18 M, Selling General Administrative of 15 M or Total Revenue of 6.5 M, as well as many indicators such as Price To Sales Ratio of 5.44, Dividend Yield of 0.0 or PTB Ratio of 0.43. CODX financial statements analysis is a perfect complement when working with Co Diagnostics Valuation or Volatility modules.
  
Check out the analysis of Co Diagnostics Correlation against competitors.
For more information on how to buy CODX Stock please use our How to Invest in Co Diagnostics guide.

Latest Co Diagnostics' Change Receivables Growth Pattern

Below is the plot of the Change Receivables of Co Diagnostics 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. Co Diagnostics' Change Receivables historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Co Diagnostics' overall financial position and show how it may be relating to other accounts over time.
Change Receivables10 Years Trend
Slightly volatile
   Change Receivables   
       Timeline  

CODX Change Receivables Regression Statistics

Arithmetic Mean1,884,880
Geometric Mean157,409
Coefficient Of Variation456.56
Mean Deviation5,941,588
Median(13,420)
Standard Deviation8,605,635
Sample Variance74.1T
Range31M
R-Value0.43
Mean Square Error65.1T
R-Squared0.18
Significance0.11
Slope823,850
Total Sum of Squares1036.8T

CODX Change Receivables History

202418.1 M
202317.2 M
202215 M
2021-8.7 M
2020-13 M
2019-121.5 K

About Co Diagnostics Financial Statements

Co Diagnostics investors use historical fundamental indicators, such as Co Diagnostics' 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 Co Diagnostics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Change Receivables17.2 M18.1 M

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Additional Tools for CODX Stock Analysis

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