Discover Receivables Turnover from 2010 to 2024

DFS Stock  USD 182.67  3.38  1.89%   
Discover Financial Receivables Turnover yearly trend continues to be comparatively stable with very little volatility. Receivables Turnover is likely to outpace its year average in 2024. From the period from 2010 to 2024, Discover Financial Receivables Turnover quarterly data regression had r-value of  0.79 and coefficient of variation of  58.74. View All Fundamentals
 
Receivables Turnover  
First Reported
2010-12-31
Previous Quarter
11.9
Current Value
12.5
Quarterly Volatility
5.30518029
 
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Check Discover Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Discover Financial's main balance sheet or income statement drivers, such as Interest Expense of 5 B, Total Revenue of 9.1 B or Gross Profit of 21.6 B, as well as many indicators such as Price To Sales Ratio of 2.99, Dividend Yield of 0.0323 or PTB Ratio of 1.72. Discover financial statements analysis is a perfect complement when working with Discover Financial Valuation or Volatility modules.
  
Check out the analysis of Discover Financial Correlation against competitors.

Latest Discover Financial's Receivables Turnover Growth Pattern

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

Discover Receivables Turnover Regression Statistics

Arithmetic Mean9.03
Geometric Mean4.32
Coefficient Of Variation58.74
Mean Deviation4.50
Median11.75
Standard Deviation5.31
Sample Variance28.14
Range13.096
R-Value0.79
Mean Square Error11.47
R-Squared0.62
Significance0.0005
Slope0.94
Total Sum of Squares394.03

Discover Receivables Turnover History

2024 12.5
2023 11.9
2021 13.22
2014 11.75
2011 0.13
2010 2.01

About Discover Financial Financial Statements

Discover Financial shareholders use historical fundamental indicators, such as Receivables Turnover, to determine how well the company is positioned to perform in the future. Although Discover Financial investors may analyze each financial statement separately, they are all interrelated. The changes in Discover Financial's assets and liabilities, for example, are also reflected in the revenues and expenses on on Discover Financial's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Receivables Turnover 11.90  12.50 

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Additional Tools for Discover Stock Analysis

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