Genie Receivables Turnover from 2010 to 2024

GNE Stock  USD 16.32  0.28  1.75%   
Genie Energy's Receivables Turnover is decreasing over the years with stable fluctuation. Overall, Receivables Turnover is expected to go to 8.09 this year. During the period from 2010 to 2024 Genie Energy Receivables Turnover annual values regression line had geometric mean of  7.12 and mean square error of  3.12. View All Fundamentals
 
Receivables Turnover  
First Reported
2010-12-31
Previous Quarter
6.92480899
Current Value
8.09
Quarterly Volatility
1.71421734
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Genie Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Genie Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 439.9 K, Interest Expense of 94 K or Total Revenue of 309.7 M, as well as many indicators such as Price To Sales Ratio of 1.76, Dividend Yield of 0.0117 or PTB Ratio of 2.61. Genie financial statements analysis is a perfect complement when working with Genie Energy Valuation or Volatility modules.
  
Check out the analysis of Genie Energy Correlation against competitors.
For information on how to trade Genie Stock refer to our How to Trade Genie Stock guide.

Latest Genie Energy's Receivables Turnover Growth Pattern

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

Genie Receivables Turnover Regression Statistics

Arithmetic Mean7.29
Geometric Mean7.12
Coefficient Of Variation23.53
Mean Deviation1.32
Median6.92
Standard Deviation1.71
Sample Variance2.94
Range6.2971
R-Value(0.12)
Mean Square Error3.12
R-Squared0.01
Significance0.68
Slope(0.04)
Total Sum of Squares41.14

Genie Receivables Turnover History

2024 8.09
2023 6.92
2022 5.72
2021 8.8
2020 7.84
2019 6.33
2018 7.8

About Genie Energy Financial Statements

Genie Energy stakeholders use historical fundamental indicators, such as Genie Energy's Receivables Turnover, to determine how well the company is positioned to perform in the future. Although Genie Energy investors may analyze each financial statement separately, they are all interrelated. For example, changes in Genie Energy's assets and liabilities are reflected in the revenues and expenses on Genie Energy'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 Genie Energy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Receivables Turnover 6.92  8.09 

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When determining whether Genie Energy is a strong investment it is important to analyze Genie Energy'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 Genie Energy's future performance. For an informed investment choice regarding Genie Stock, refer to the following important reports:
Check out the analysis of Genie Energy Correlation against competitors.
For information on how to trade Genie Stock refer to our How to Trade Genie Stock guide.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Electric Utilities 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 Genie Energy. If investors know Genie 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 Genie Energy 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
(0.28)
Dividend Share
0.3
Earnings Share
0.08
Revenue Per Share
16.136
Quarterly Revenue Growth
(0.10)
The market value of Genie Energy is measured differently than its book value, which is the value of Genie that is recorded on the company's balance sheet. Investors also form their own opinion of Genie Energy's value that differs from its market value or its book value, called intrinsic value, which is Genie Energy'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 Genie Energy's market value can be influenced by many factors that don't directly affect Genie Energy'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 Genie Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Genie Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genie Energy'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.