Granite Receivables Turnover from 2010 to 2024

GPMT Stock  USD 3.52  0.05  1.44%   
Granite Point 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, Granite Point Receivables Turnover quarterly data regression had r-value of  0.79 and coefficient of variation of  82.67. View All Fundamentals
 
Receivables Turnover  
First Reported
2010-12-31
Previous Quarter
21.52592892
Current Value
22.6
Quarterly Volatility
6.68694686
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Granite Point financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Granite Point's main balance sheet or income statement drivers, such as Tax Provision of 116.2 K, Interest Expense of 98.9 M or Selling General Administrative of 20.6 M, as well as many indicators such as Price To Sales Ratio of 1.09, Dividend Yield of 0.2 or PTB Ratio of 0.34. Granite financial statements analysis is a perfect complement when working with Granite Point Valuation or Volatility modules.
  
Check out the analysis of Granite Point Correlation against competitors.

Latest Granite Point's Receivables Turnover Growth Pattern

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

Granite Receivables Turnover Regression Statistics

Arithmetic Mean8.09
Geometric Mean5.81
Coefficient Of Variation82.67
Mean Deviation4.96
Median8.17
Standard Deviation6.69
Sample Variance44.72
Range20.3337
R-Value0.79
Mean Square Error18.45
R-Squared0.62
Significance0.0005
Slope1.17
Total Sum of Squares626.01

Granite Receivables Turnover History

2024 22.6
2023 21.53
2022 5.83
2021 8.17
2020 8.47
2019 9.43
2018 8.92

About Granite Point Financial Statements

Granite Point shareholders use historical fundamental indicators, such as Receivables Turnover, to determine how well the company is positioned to perform in the future. Although Granite Point investors may analyze each financial statement separately, they are all interrelated. The changes in Granite Point's assets and liabilities, for example, are also reflected in the revenues and expenses on on Granite Point'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 21.53  22.60 

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 Granite Stock Analysis

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