Descartes Receivables Turnover from 2010 to 2024

DSGX Stock  USD 117.25  1.17  1.01%   
Descartes Systems Receivables Turnover yearly trend continues to be fairly stable with very little volatility. Receivables Turnover will likely drop to 4.89 in 2024. During the period from 2010 to 2024, Descartes Systems Receivables Turnover regression line of annual values had r-squared of  0.48 and arithmetic mean of  7.18. View All Fundamentals
 
Receivables Turnover  
First Reported
2010-12-31
Previous Quarter
8.98546156
Current Value
4.89
Quarterly Volatility
2.38996105
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Descartes Systems financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Descartes Systems' main balance sheet or income statement drivers, such as Depreciation And Amortization of 69.3 M, Interest Expense of 1.4 M or Total Revenue of 604 M, as well as many indicators such as Price To Sales Ratio of 13.88, Dividend Yield of 0.0 or PTB Ratio of 6.42. Descartes financial statements analysis is a perfect complement when working with Descartes Systems Valuation or Volatility modules.
  
Check out the analysis of Descartes Systems Correlation against competitors.

Latest Descartes Systems' Receivables Turnover Growth Pattern

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

Descartes Receivables Turnover Regression Statistics

Arithmetic Mean7.18
Geometric Mean6.71
Coefficient Of Variation33.28
Mean Deviation1.91
Median7.43
Standard Deviation2.39
Sample Variance5.71
Range8.6151
R-Value0.70
Mean Square Error3.17
R-Squared0.48
Significance0
Slope0.37
Total Sum of Squares79.97

Descartes Receivables Turnover History

2024 4.89
2023 8.99
2022 10.76
2021 10.18
2020 9.37
2019 9.28
2018 7.68

About Descartes Systems Financial Statements

Descartes Systems investors use historical fundamental indicators, such as Descartes Systems' Receivables Turnover, 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 Descartes Systems. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Receivables Turnover 8.99  4.89 

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Additional Tools for Descartes Stock Analysis

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