Gildan Receivables Turnover from 2010 to 2024

GIL Stock  USD 49.48  0.62  1.27%   
Gildan Activewear Receivables Turnover yearly trend continues to be quite stable with very little volatility. The value of Receivables Turnover is projected to decrease to 5.66. From the period between 2010 and 2024, Gildan Activewear, Receivables Turnover regression line of its data series had standard deviation of  2.28 and standard deviation of  2.28. View All Fundamentals
 
Receivables Turnover  
First Reported
2010-12-31
Previous Quarter
7.74770059
Current Value
5.66
Quarterly Volatility
2.27948651
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Gildan Activewear financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Gildan Activewear's main balance sheet or income statement drivers, such as Depreciation And Amortization of 81.1 M, Interest Expense of 60.1 M or Total Revenue of 1.8 B, as well as many indicators such as Price To Sales Ratio of 1.75, Dividend Yield of 0.0238 or PTB Ratio of 3.76. Gildan financial statements analysis is a perfect complement when working with Gildan Activewear Valuation or Volatility modules.
  
Check out the analysis of Gildan Activewear Correlation against competitors.
For more information on how to buy Gildan Stock please use our How to buy in Gildan Stock guide.

Latest Gildan Activewear's Receivables Turnover Growth Pattern

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

Gildan Receivables Turnover Regression Statistics

Arithmetic Mean10.32
Geometric Mean10.07
Coefficient Of Variation22.09
Mean Deviation1.91
Median9.31
Standard Deviation2.28
Sample Variance5.20
Range7.3652
R-Value0.15
Mean Square Error5.48
R-Squared0.02
Significance0.60
Slope0.07
Total Sum of Squares72.74

Gildan Receivables Turnover History

2024 5.66
2023 7.75
2018 13.03
2017 11.13

About Gildan Activewear Financial Statements

Gildan Activewear investors utilize fundamental indicators, such as Receivables Turnover, to predict how Gildan Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Receivables Turnover 7.75  5.66 

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When determining whether Gildan Activewear is a strong investment it is important to analyze Gildan Activewear's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Gildan Activewear's future performance. For an informed investment choice regarding Gildan Stock, refer to the following important reports:
Check out the analysis of Gildan Activewear Correlation against competitors.
For more information on how to buy Gildan Stock please use our How to buy in Gildan Stock guide.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Apparel, Accessories & Luxury Goods space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Gildan Activewear. If investors know Gildan will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Gildan Activewear listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.124
Dividend Share
0.801
Earnings Share
2.51
Revenue Per Share
19.316
Quarterly Revenue Growth
0.024
The market value of Gildan Activewear is measured differently than its book value, which is the value of Gildan that is recorded on the company's balance sheet. Investors also form their own opinion of Gildan Activewear's value that differs from its market value or its book value, called intrinsic value, which is Gildan Activewear's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gildan Activewear's market value can be influenced by many factors that don't directly affect Gildan Activewear's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Gildan Activewear's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gildan Activewear is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gildan Activewear's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.