Cytokinetics Receivables Turnover from 2010 to 2024

CYTK Stock  USD 49.35  1.68  3.52%   
Cytokinetics Receivables Turnover yearly trend continues to be quite stable with very little volatility. The value of Receivables Turnover is projected to decrease to 5.58. From the period between 2010 and 2024, Cytokinetics, Receivables Turnover regression line of its data series had standard deviation of  1,876 and standard deviation of  1,876. View All Fundamentals
 
Receivables Turnover  
First Reported
2010-12-31
Previous Quarter
5.8690569
Current Value
5.58
Quarterly Volatility
1.9 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Cytokinetics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cytokinetics' main balance sheet or income statement drivers, such as Interest Expense of 60.6 M, Other Operating Expenses of 528.9 M or Research Development of 334.1 M, as well as many indicators such as Price To Sales Ratio of 1.1 K, Dividend Yield of 0.0 or Days Sales Outstanding of 59.08. Cytokinetics financial statements analysis is a perfect complement when working with Cytokinetics Valuation or Volatility modules.
  
Check out the analysis of Cytokinetics Correlation against competitors.
For more information on how to buy Cytokinetics Stock please use our How to buy in Cytokinetics Stock guide.

Latest Cytokinetics' Receivables Turnover Growth Pattern

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

Cytokinetics Receivables Turnover Regression Statistics

Arithmetic Mean1,102
Geometric Mean67.31
Coefficient Of Variation170.26
Mean Deviation1,391
Median12.63
Standard Deviation1,876
Sample Variance3.5M
Range6.1K
R-Value(0.40)
Mean Square Error3.2M
R-Squared0.16
Significance0.14
Slope(166.18)
Total Sum of Squares49.3M

Cytokinetics Receivables Turnover History

2024 5.58
2023 5.87
2022 643.46
2021 1.36
2020 12.63
2019 5.2
2018 4.64

About Cytokinetics Financial Statements

Cytokinetics investors utilize fundamental indicators, such as Receivables Turnover, to predict how Cytokinetics Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Receivables Turnover 5.87  5.58 

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When determining whether Cytokinetics is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Cytokinetics Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Cytokinetics Stock. Highlighted below are key reports to facilitate an investment decision about Cytokinetics Stock:
Check out the analysis of Cytokinetics Correlation against competitors.
For more information on how to buy Cytokinetics Stock please use our How to buy in Cytokinetics Stock guide.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Is Biotechnology 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 Cytokinetics. If investors know Cytokinetics 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 Cytokinetics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(5.38)
Revenue Per Share
0.03
Quarterly Revenue Growth
0.225
Return On Assets
(0.30)
Return On Equity
(5.72)
The market value of Cytokinetics is measured differently than its book value, which is the value of Cytokinetics that is recorded on the company's balance sheet. Investors also form their own opinion of Cytokinetics' value that differs from its market value or its book value, called intrinsic value, which is Cytokinetics' 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 Cytokinetics' market value can be influenced by many factors that don't directly affect Cytokinetics' 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 Cytokinetics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cytokinetics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cytokinetics' 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.