Quest Net Receivables from 2010 to 2024

DGX Stock  USD 163.59  0.30  0.18%   
Quest Diagnostics Net Receivables yearly trend continues to be fairly stable with very little volatility. Net Receivables will likely drop to about 892.3 M in 2024. During the period from 2010 to 2024, Quest Diagnostics Net Receivables regression line of annual values had r-squared of  0.47 and arithmetic mean of  995,767,051. View All Fundamentals
 
Net Receivables  
First Reported
1996-09-30
Previous Quarter
1.3 B
Current Value
1.4 B
Quarterly Volatility
312.5 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Quest Diagnostics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Quest Diagnostics' main balance sheet or income statement drivers, such as Depreciation And Amortization of 265.1 M, Interest Expense of 99.3 M or Selling General Administrative of 1.5 B, as well as many indicators such as Price To Sales Ratio of 1.13, Dividend Yield of 0.0214 or PTB Ratio of 3.0. Quest financial statements analysis is a perfect complement when working with Quest Diagnostics Valuation or Volatility modules.
  
Check out the analysis of Quest Diagnostics Correlation against competitors.

Latest Quest Diagnostics' Net Receivables Growth Pattern

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

Quest Net Receivables Regression Statistics

Arithmetic Mean995,767,051
Geometric Mean945,954,544
Coefficient Of Variation28.49
Mean Deviation195,119,693
Median926,000,000
Standard Deviation283,724,928
Sample Variance80499.8T
Range1.2B
R-Value0.68
Mean Square Error46199T
R-Squared0.47
Significance0
Slope43,359,423
Total Sum of Squares1126997.7T

Quest Net Receivables History

2024892.3 M
20231.2 B
20221.2 B
20211.4 B
20201.5 B
20191.1 B
2018B

About Quest Diagnostics Financial Statements

Quest Diagnostics investors use historical fundamental indicators, such as Quest Diagnostics' Net 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 Quest Diagnostics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Receivables1.2 B892.3 M

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Additional Tools for Quest Stock Analysis

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