Macys Receivables Turnover from 2010 to 2024

M Stock  USD 15.96  0.07  0.44%   
Macys Receivables Turnover yearly trend continues to be very stable with very little volatility. Receivables Turnover is likely to drop to 66.29. During the period from 2010 to 2024, Macys Receivables Turnover quarterly data regression pattern had sample variance of  334.76 and median of  63.77. View All Fundamentals
 
Receivables Turnover  
First Reported
2010-12-31
Previous Quarter
81.45392491
Current Value
66.28537736
Quarterly Volatility
18.29647403
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Macys financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Macys' main balance sheet or income statement drivers, such as Depreciation And Amortization of 946.9 M or Interest Expense of 174.2 M, as well as many indicators such as Price To Sales Ratio of 0.81 or Dividend Yield of 0.0186. Macys financial statements analysis is a perfect complement when working with Macys Valuation or Volatility modules.
  
Check out the analysis of Macys Correlation against competitors.

Latest Macys' Receivables Turnover Growth Pattern

Below is the plot of the Receivables Turnover of Macys Inc over the last few years. It is Macys' Receivables Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Macys' overall financial position and show how it may be relating to other accounts over time.
Receivables Turnover10 Years Trend
Slightly volatile
   Receivables Turnover   
       Timeline  

Macys Receivables Turnover Regression Statistics

Arithmetic Mean64.03
Geometric Mean57.20
Coefficient Of Variation28.58
Mean Deviation9.60
Median63.77
Standard Deviation18.30
Sample Variance334.76
Range76.0808
R-Value0.65
Mean Square Error205.89
R-Squared0.43
Significance0.01
Slope2.68
Total Sum of Squares4,687

Macys Receivables Turnover History

2024 66.29
2020 81.45
2014 61.93
2011 63.77
2010 5.37

About Macys Financial Statements

Macys investors utilize fundamental indicators, such as Receivables Turnover, to predict how Macys 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 81.45  66.29 

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Check out the analysis of Macys Correlation against competitors.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Broadline Retail 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 Macys. If investors know Macys 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 Macys 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
(0.61)
Dividend Share
0.678
Earnings Share
0.65
Revenue Per Share
85.208
Quarterly Revenue Growth
(0.04)
The market value of Macys Inc is measured differently than its book value, which is the value of Macys that is recorded on the company's balance sheet. Investors also form their own opinion of Macys' value that differs from its market value or its book value, called intrinsic value, which is Macys' 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 Macys' market value can be influenced by many factors that don't directly affect Macys' 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 Macys' value and its price as these two are different measures arrived at by different means. Investors typically determine if Macys is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Macys' 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.