Owens Net Receivables from 2010 to 2024

OC Stock  USD 202.77  5.19  2.63%   
Owens Corning's Net Receivables is increasing over the years with slightly volatile fluctuation. Net Receivables is expected to dwindle to about 629.4 M. During the period from 2010 to 2024 Owens Corning Net Receivables annual values regression line had geometric mean of  726,600,986 and mean square error of 11911.5 T. View All Fundamentals
 
Net Receivables  
First Reported
1988-12-31
Previous Quarter
1.7 B
Current Value
1.6 B
Quarterly Volatility
281.4 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Owens Corning financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Owens Corning's main balance sheet or income statement drivers, such as Depreciation And Amortization of 524 M, Interest Expense of 78.8 M or Total Revenue of 5.5 B, as well as many indicators such as Price To Sales Ratio of 1.45, Dividend Yield of 0.0096 or PTB Ratio of 2.71. Owens financial statements analysis is a perfect complement when working with Owens Corning Valuation or Volatility modules.
  
Check out the analysis of Owens Corning Correlation against competitors.
For information on how to trade Owens Stock refer to our How to Trade Owens Stock guide.

Latest Owens Corning's Net Receivables Growth Pattern

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

Owens Net Receivables Regression Statistics

Arithmetic Mean744,229,189
Geometric Mean726,600,986
Coefficient Of Variation21.65
Mean Deviation128,852,757
Median709,000,000
Standard Deviation161,117,903
Sample Variance25959T
Range583M
R-Value0.76
Mean Square Error11911.5T
R-Squared0.57
Significance0
Slope27,293,089
Total Sum of Squares363425.7T

Owens Net Receivables History

2024629.4 M
2023987 M
2022961 M
2021939 M
2020919 M
2019770 M
2018794 M

About Owens Corning Financial Statements

Owens Corning stakeholders use historical fundamental indicators, such as Owens Corning's Net Receivables, to determine how well the company is positioned to perform in the future. Although Owens Corning investors may analyze each financial statement separately, they are all interrelated. For example, changes in Owens Corning's assets and liabilities are reflected in the revenues and expenses on Owens Corning'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 Owens Corning. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Receivables987 M629.4 M

Also Currently Popular

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.
Check out the analysis of Owens Corning Correlation against competitors.
For information on how to trade Owens Stock refer to our How to Trade Owens Stock guide.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Building Products 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 Owens Corning. If investors know Owens 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 Owens Corning 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
(0.02)
Dividend Share
2.4
Earnings Share
11.78
Revenue Per Share
119.235
Quarterly Revenue Growth
0.229
The market value of Owens Corning is measured differently than its book value, which is the value of Owens that is recorded on the company's balance sheet. Investors also form their own opinion of Owens Corning's value that differs from its market value or its book value, called intrinsic value, which is Owens Corning'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 Owens Corning's market value can be influenced by many factors that don't directly affect Owens Corning'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 Owens Corning's value and its price as these two are different measures arrived at by different means. Investors typically determine if Owens Corning is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Owens Corning'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.