ModivCare Change Receivables from 2010 to 2024

MODV Stock  USD 18.79  0.85  4.74%   
ModivCare Change Receivables yearly trend continues to be fairly stable with very little volatility. Change Receivables is likely to outpace its year average in 2024. Change Receivables is the difference in the amount of accounts receivable from one accounting period to the next. A positive number indicates an increase in receivables, while a negative number indicates a decrease. View All Fundamentals
 
Change Receivables  
First Reported
2012-03-31
Previous Quarter
-1.7 M
Current Value
1.5 M
Quarterly Volatility
19.3 M
 
Yuan Drop
 
Covid
Check ModivCare financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ModivCare's main balance sheet or income statement drivers, such as Interest Expense of 72.6 M, Selling General Administrative of 289.3 M or Total Revenue of 2.9 B, as well as many indicators such as Price To Sales Ratio of 0.22, Dividend Yield of 0.0527 or PTB Ratio of 3.79. ModivCare financial statements analysis is a perfect complement when working with ModivCare Valuation or Volatility modules.
  
Check out the analysis of ModivCare Correlation against competitors.
For more information on how to buy ModivCare Stock please use our How to Invest in ModivCare guide.

Latest ModivCare's Change Receivables Growth Pattern

Below is the plot of the Change Receivables of ModivCare over the last few years. It is the difference in the amount of accounts receivable from one accounting period to the next. A positive number indicates an increase in receivables, while a negative number indicates a decrease. ModivCare's Change Receivables historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ModivCare's overall financial position and show how it may be relating to other accounts over time.
Change Receivables10 Years Trend
Pretty Stable
   Change Receivables   
       Timeline  

ModivCare Change Receivables Regression Statistics

Arithmetic Mean(20,996,614)
Geometric Mean21,211,807
Coefficient Of Variation(160.73)
Mean Deviation24,047,063
Median(16,907,424)
Standard Deviation33,748,267
Sample Variance1138.9T
Range147.6M
R-Value(0.23)
Mean Square Error1160.9T
R-Squared0.05
Significance0.41
Slope(1,746,472)
Total Sum of Squares15945.2T

ModivCare Change Receivables History

2024-47.7 M
2023-50.2 M
2022-55.8 M
2021-11.5 M
202055.9 M
2019-29.9 M
2018-31 M

About ModivCare Financial Statements

ModivCare investors use historical fundamental indicators, such as ModivCare's Change Receivables, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in ModivCare. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Change Receivables-50.2 M-47.7 M

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Additional Tools for ModivCare Stock Analysis

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