Angel Receivables Turnover from 2010 to 2024

FINS Stock  USD 12.63  0.07  0.56%   
Angel Oak 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, Angel Oak Receivables Turnover quarterly data regression had r-value of (0.64) and coefficient of variation of  103.18. View All Fundamentals
 
Receivables Turnover  
First Reported
2010-12-31
Previous Quarter
1.50253242
Current Value
1.58
Quarterly Volatility
3.19623239
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Angel Oak financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Angel Oak's main balance sheet or income statement drivers, such as Net Interest Income of 18 M, Interest Income of 21.9 M or Interest Expense of 3.9 M, as well as many indicators such as Price To Sales Ratio of 37.71, Dividend Yield of 0.0606 or PTB Ratio of 0.97. Angel financial statements analysis is a perfect complement when working with Angel Oak Valuation or Volatility modules.
  
Check out the analysis of Angel Oak Correlation against competitors.

Latest Angel Oak's Receivables Turnover Growth Pattern

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

Angel Receivables Turnover Regression Statistics

Arithmetic Mean3.10
Geometric Mean3.26
Coefficient Of Variation103.18
Mean Deviation2.33
Median4.84
Standard Deviation3.20
Sample Variance10.22
Range11.4921
R-Value(0.64)
Mean Square Error6.53
R-Squared0.41
Significance0.01
Slope(0.46)
Total Sum of Squares143.02

Angel Receivables Turnover History

2024 1.58
2023 1.5
2022 -6.65
2021 1.85
2020 -0.24

About Angel Oak Financial Statements

Angel Oak shareholders use historical fundamental indicators, such as Receivables Turnover, to determine how well the company is positioned to perform in the future. Although Angel Oak investors may analyze each financial statement separately, they are all interrelated. The changes in Angel Oak's assets and liabilities, for example, are also reflected in the revenues and expenses on on Angel Oak'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 1.50  1.58 

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Angel Stock Analysis

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