Direct Receivables Turnover from 2010 to 2024

DRCT Stock  USD 1.19  0.13  9.85%   
Direct Digital 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, Direct Digital Receivables Turnover quarterly data regression had r-value of (0.75) and coefficient of variation of  27.81. View All Fundamentals
 
Receivables Turnover  
First Reported
2010-12-31
Previous Quarter
4.22259252
Current Value
5.01
Quarterly Volatility
1.76952624
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Direct Digital financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Direct Digital's main balance sheet or income statement drivers, such as Tax Provision of 596.4 K, Depreciation And Amortization of 1.5 M or Interest Expense of 2.6 M, as well as many indicators such as Price To Sales Ratio of 0.27, Dividend Yield of 0.0384 or PTB Ratio of 85.98. Direct financial statements analysis is a perfect complement when working with Direct Digital Valuation or Volatility modules.
  
Check out the analysis of Direct Digital Correlation against competitors.

Latest Direct Digital's Receivables Turnover Growth Pattern

Below is the plot of the Receivables Turnover of Direct Digital Holdings over the last few years. It is Direct Digital's Receivables Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Direct Digital'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  

Direct Receivables Turnover Regression Statistics

Arithmetic Mean6.36
Geometric Mean6.07
Coefficient Of Variation27.81
Mean Deviation1.54
Median7.52
Standard Deviation1.77
Sample Variance3.13
Range4.8522
R-Value(0.75)
Mean Square Error1.50
R-Squared0.56
Significance0
Slope(0.29)
Total Sum of Squares43.84

Direct Receivables Turnover History

2024 5.01
2023 4.22
2022 3.52
2021 4.85
2020 2.67

About Direct Digital Financial Statements

Direct Digital shareholders use historical fundamental indicators, such as Receivables Turnover, to determine how well the company is positioned to perform in the future. Although Direct Digital investors may analyze each financial statement separately, they are all interrelated. The changes in Direct Digital's assets and liabilities, for example, are also reflected in the revenues and expenses on on Direct Digital'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 4.22  5.01 

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Additional Tools for Direct Stock Analysis

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