Northrim Receivables Turnover from 2010 to 2024

NRIM Stock  USD 88.50  3.42  4.02%   
Northrim BanCorp Receivables Turnover yearly trend continues to be very stable with very little volatility. Receivables Turnover is likely to grow to 23.00 this year. During the period from 2010 to 2024, Northrim BanCorp Receivables Turnover quarterly data regression pattern had sample variance of  60.19 and median of  4.86. View All Fundamentals
 
Receivables Turnover  
First Reported
2010-12-31
Previous Quarter
21.91
Current Value
23
Quarterly Volatility
7.75799874
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Northrim BanCorp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Northrim BanCorp's main balance sheet or income statement drivers, such as Interest Expense of 30.1 M, Other Operating Expenses of 89.3 M or Operating Income of 25.5 M, as well as many indicators such as Price To Sales Ratio of 2.64, Dividend Yield of 0.0446 or PTB Ratio of 1.41. Northrim financial statements analysis is a perfect complement when working with Northrim BanCorp Valuation or Volatility modules.
  
Check out the analysis of Northrim BanCorp Correlation against competitors.
To learn how to invest in Northrim Stock, please use our How to Invest in Northrim BanCorp guide.

Latest Northrim BanCorp's Receivables Turnover Growth Pattern

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

Northrim Receivables Turnover Regression Statistics

Arithmetic Mean8.80
Geometric Mean6.17
Coefficient Of Variation88.20
Mean Deviation6.49
Median4.86
Standard Deviation7.76
Sample Variance60.19
Range21.4494
R-Value0.82
Mean Square Error21.19
R-Squared0.67
Significance0.0002
Slope1.42
Total Sum of Squares842.61

Northrim Receivables Turnover History

2024 23.0
2023 21.91
2021 19.05
2020 9.62
2019 4.18
2018 3.41
2017 4.22

About Northrim BanCorp Financial Statements

Northrim BanCorp investors utilize fundamental indicators, such as Receivables Turnover, to predict how Northrim 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 21.91  23.00 

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Northrim BanCorp is a strong investment it is important to analyze Northrim BanCorp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Northrim BanCorp's future performance. For an informed investment choice regarding Northrim Stock, refer to the following important reports:
Check out the analysis of Northrim BanCorp Correlation against competitors.
To learn how to invest in Northrim Stock, please use our How to Invest in Northrim BanCorp guide.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Is Regional Banks 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 Northrim BanCorp. If investors know Northrim 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 Northrim BanCorp 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
0.061
Dividend Share
2.46
Earnings Share
5.86
Revenue Per Share
25.726
Quarterly Revenue Growth
0.157
The market value of Northrim BanCorp is measured differently than its book value, which is the value of Northrim that is recorded on the company's balance sheet. Investors also form their own opinion of Northrim BanCorp's value that differs from its market value or its book value, called intrinsic value, which is Northrim BanCorp'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 Northrim BanCorp's market value can be influenced by many factors that don't directly affect Northrim BanCorp'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 Northrim BanCorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Northrim BanCorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northrim BanCorp'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.