Genco Receivables Turnover from 2010 to 2024

GNK Stock  USD 16.86  0.13  0.78%   
Genco Shipping Receivables Turnover yearly trend continues to be quite stable with very little volatility. The value of Receivables Turnover is projected to decrease to 18.97. From the period between 2010 and 2024, Genco Shipping, Receivables Turnover regression line of its data series had standard deviation of  7.12 and standard deviation of  7.12. View All Fundamentals
 
Receivables Turnover  
First Reported
2010-12-31
Previous Quarter
19.97320081
Current Value
18.97
Quarterly Volatility
7.12098574
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Genco Shipping financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Genco Shipping's main balance sheet or income statement drivers, such as Depreciation And Amortization of 83.1 M, Interest Expense of 8.3 M or Selling General Administrative of 28.1 M, as well as many indicators such as Price To Sales Ratio of 1.76, Dividend Yield of 0.0734 or PTB Ratio of 1.06. Genco financial statements analysis is a perfect complement when working with Genco Shipping Valuation or Volatility modules.
  
Check out the analysis of Genco Shipping Correlation against competitors.

Latest Genco Shipping's Receivables Turnover Growth Pattern

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

Genco Receivables Turnover Regression Statistics

Arithmetic Mean18.21
Geometric Mean16.31
Coefficient Of Variation39.11
Mean Deviation5.52
Median16.74
Standard Deviation7.12
Sample Variance50.71
Range25.5864
R-Value0.49
Mean Square Error41.39
R-Squared0.24
Significance0.06
Slope0.78
Total Sum of Squares709.92

Genco Receivables Turnover History

2024 18.97
2023 19.97
2022 20.25
2021 27.2
2020 27.37
2019 28.43
2018 16.48

About Genco Shipping Financial Statements

Genco Shipping investors utilize fundamental indicators, such as Receivables Turnover, to predict how Genco 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 19.97  18.97 

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When determining whether Genco Shipping Trading is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Genco Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Genco Shipping Trading Stock. Highlighted below are key reports to facilitate an investment decision about Genco Shipping Trading Stock:
Check out the analysis of Genco Shipping Correlation against competitors.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Marine Transportation 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 Genco Shipping. If investors know Genco 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 Genco Shipping 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
1
Dividend Share
1.57
Earnings Share
1.58
Revenue Per Share
10.221
Quarterly Revenue Growth
0.192
The market value of Genco Shipping Trading is measured differently than its book value, which is the value of Genco that is recorded on the company's balance sheet. Investors also form their own opinion of Genco Shipping's value that differs from its market value or its book value, called intrinsic value, which is Genco Shipping'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 Genco Shipping's market value can be influenced by many factors that don't directly affect Genco Shipping'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 Genco Shipping's value and its price as these two are different measures arrived at by different means. Investors typically determine if Genco Shipping is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genco Shipping'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.