Nextracker Change To Account Receivables from 2010 to 2024

NXT Stock   38.16  1.55  3.90%   
Nextracker Change To Account Receivables yearly trend continues to be comparatively stable with very little volatility. Change To Account Receivables is likely to outpace its year average in 2024. From the period from 2010 to 2024, Nextracker Change To Account Receivables quarterly data regression had mean square error of 1301.4 T and mean deviation of  38,758,753. View All Fundamentals
 
Change To Account Receivables  
First Reported
2010-12-31
Previous Quarter
-114 M
Current Value
-108.3 M
Quarterly Volatility
50.4 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Nextracker financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nextracker's main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.1 M, Selling General Administrative of 192.7 M or Selling And Marketing Expenses of 28.4 M, as well as many indicators such as Price To Sales Ratio of 1.34, Dividend Yield of 0.22 or PTB Ratio of 4.73. Nextracker financial statements analysis is a perfect complement when working with Nextracker Valuation or Volatility modules.
  
Check out the analysis of Nextracker Correlation against competitors.

Latest Nextracker's Change To Account Receivables Growth Pattern

Below is the plot of the Change To Account Receivables of Nextracker Class A over the last few years. It is Nextracker's Change To Account Receivables historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Nextracker's overall financial position and show how it may be relating to other accounts over time.
Change To Account Receivables10 Years Trend
Slightly volatile
   Change To Account Receivables   
       Timeline  

Nextracker Change To Account Receivables Regression Statistics

Arithmetic Mean(34,311,150)
Coefficient Of Variation(146.91)
Mean Deviation38,758,753
Median(7,090,000)
Standard Deviation50,405,349
Sample Variance2540.7T
Range154.1M
R-Value(0.72)
Mean Square Error1301.4T
R-Squared0.52
Significance0
Slope(8,161,546)
Total Sum of Squares35569.8T

Nextracker Change To Account Receivables History

2024-108.3 M
2023-114 M
2022-160.3 M
2021-45.5 M
2020-6.1 M
2019-16.8 M

About Nextracker Financial Statements

Nextracker shareholders use historical fundamental indicators, such as Change To Account Receivables, to determine how well the company is positioned to perform in the future. Although Nextracker investors may analyze each financial statement separately, they are all interrelated. The changes in Nextracker's assets and liabilities, for example, are also reflected in the revenues and expenses on on Nextracker'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
Change To Account Receivables-114 M-108.3 M

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 Nextracker Stock Analysis

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