Genmab Receivables Turnover from 2010 to 2024

GMAB Stock  USD 20.65  0.18  0.88%   
Genmab AS's Receivables Turnover is decreasing over the years with stable fluctuation. Overall, Receivables Turnover is expected to go to 4.36 this year. From 2010 to 2024 Genmab AS Receivables Turnover quarterly data regression line had arithmetic mean of  3.67 and r-squared of  0.03. View All Fundamentals
 
Receivables Turnover  
First Reported
2010-12-31
Previous Quarter
3.33009905
Current Value
4.36
Quarterly Volatility
2.01792087
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Genmab AS financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Genmab AS's main balance sheet or income statement drivers, such as Depreciation And Amortization of 252 M, Interest Expense of 16.6 M or Selling General Administrative of 3.5 B, as well as many indicators such as Price To Sales Ratio of 8.12, Dividend Yield of 0.0 or PTB Ratio of 5.55. Genmab financial statements analysis is a perfect complement when working with Genmab AS Valuation or Volatility modules.
  
Check out the analysis of Genmab AS Correlation against competitors.
For information on how to trade Genmab Stock refer to our How to Trade Genmab Stock guide.

Latest Genmab AS's Receivables Turnover Growth Pattern

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

Genmab Receivables Turnover Regression Statistics

Arithmetic Mean3.67
Geometric Mean2.90
Coefficient Of Variation55.04
Mean Deviation1.51
Median3.55
Standard Deviation2.02
Sample Variance4.07
Range7.8651
R-Value(0.17)
Mean Square Error4.26
R-Squared0.03
Significance0.54
Slope(0.08)
Total Sum of Squares57.01

Genmab Receivables Turnover History

2024 4.36
2023 3.33
2022 2.56
2021 2.5
2020 3.73
2019 1.79
2018 2.28

About Genmab AS Financial Statements

Genmab AS stakeholders use historical fundamental indicators, such as Genmab AS's Receivables Turnover, to determine how well the company is positioned to perform in the future. Although Genmab AS investors may analyze each financial statement separately, they are all interrelated. For example, changes in Genmab AS's assets and liabilities are reflected in the revenues and expenses on Genmab AS's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Genmab AS. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Receivables Turnover 3.33  4.36 

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When determining whether Genmab AS offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Genmab AS's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Genmab As Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Genmab As Stock:
Check out the analysis of Genmab AS Correlation against competitors.
For information on how to trade Genmab Stock refer to our How to Trade Genmab Stock guide.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Biotechnology 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 Genmab AS. If investors know Genmab 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 Genmab AS 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
(0.38)
Earnings Share
1.02
Revenue Per Share
30.6997
Quarterly Revenue Growth
0.176
Return On Assets
0.1095
The market value of Genmab AS is measured differently than its book value, which is the value of Genmab that is recorded on the company's balance sheet. Investors also form their own opinion of Genmab AS's value that differs from its market value or its book value, called intrinsic value, which is Genmab AS'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 Genmab AS's market value can be influenced by many factors that don't directly affect Genmab AS'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 Genmab AS's value and its price as these two are different measures arrived at by different means. Investors typically determine if Genmab AS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genmab AS'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.