ImmuCell Receivables Turnover from 2010 to 2024

ICCC Stock  USD 3.69  0.03  0.82%   
ImmuCell's Receivables Turnover is decreasing over the years with stable fluctuation. Overall, Receivables Turnover is expected to go to 10.52 this year. During the period from 2010 to 2024 ImmuCell Receivables Turnover annual values regression line had geometric mean of  8.99 and mean square error of  4.20. View All Fundamentals
 
Receivables Turnover  
First Reported
2010-12-31
Previous Quarter
7.99478581
Current Value
10.52
Quarterly Volatility
2.05549726
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ImmuCell financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ImmuCell's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.9 M, Interest Expense of 422.5 K or Total Revenue of 18.3 M, as well as many indicators such as Price To Sales Ratio of 1.7, Dividend Yield of 0.0 or PTB Ratio of 1.79. ImmuCell financial statements analysis is a perfect complement when working with ImmuCell Valuation or Volatility modules.
  
Check out the analysis of ImmuCell Correlation against competitors.
For information on how to trade ImmuCell Stock refer to our How to Trade ImmuCell Stock guide.

Latest ImmuCell's Receivables Turnover Growth Pattern

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

ImmuCell Receivables Turnover Regression Statistics

Arithmetic Mean9.18
Geometric Mean8.99
Coefficient Of Variation22.40
Mean Deviation1.55
Median8.39
Standard Deviation2.06
Sample Variance4.23
Range6.7449
R-Value(0.28)
Mean Square Error4.20
R-Squared0.08
Significance0.32
Slope(0.13)
Total Sum of Squares59.15

ImmuCell Receivables Turnover History

2024 10.52
2023 7.99
2022 10.31
2021 7.07
2020 8.23
2019 8.18
2018 7.71

About ImmuCell Financial Statements

ImmuCell stakeholders use historical fundamental indicators, such as ImmuCell's Receivables Turnover, to determine how well the company is positioned to perform in the future. Although ImmuCell investors may analyze each financial statement separately, they are all interrelated. For example, changes in ImmuCell's assets and liabilities are reflected in the revenues and expenses on ImmuCell'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 ImmuCell. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Receivables Turnover 7.99  10.52 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether ImmuCell offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ImmuCell'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 Immucell Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Immucell Stock:
Check out the analysis of ImmuCell Correlation against competitors.
For information on how to trade ImmuCell Stock refer to our How to Trade ImmuCell Stock guide.
You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
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 ImmuCell. If investors know ImmuCell 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 ImmuCell 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
(0.63)
Earnings Share
(0.49)
Revenue Per Share
2.991
Quarterly Revenue Growth
0.549
Return On Assets
(0.05)
The market value of ImmuCell is measured differently than its book value, which is the value of ImmuCell that is recorded on the company's balance sheet. Investors also form their own opinion of ImmuCell's value that differs from its market value or its book value, called intrinsic value, which is ImmuCell'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 ImmuCell's market value can be influenced by many factors that don't directly affect ImmuCell'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 ImmuCell's value and its price as these two are different measures arrived at by different means. Investors typically determine if ImmuCell is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ImmuCell'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.