Performance Receivables Turnover from 2010 to 2024

PFGC Stock  USD 86.40  2.39  2.84%   
Performance Food's Receivables Turnover is increasing over the years with slightly volatile fluctuation. Overall, Receivables Turnover is expected to go to 24.60 this year. During the period from 2010 to 2024 Performance Food Receivables Turnover annual values regression line had geometric mean of  19.82 and mean square error of  3.60. View All Fundamentals
 
Receivables Turnover  
First Reported
2010-12-31
Previous Quarter
22.85089198
Current Value
24.59908079
Quarterly Volatility
3.74686461
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Performance Food financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Performance Food's main balance sheet or income statement drivers, such as Depreciation And Amortization of 584.5 M, Interest Expense of 243.8 M or Total Revenue of 61.2 B, as well as many indicators such as Price To Sales Ratio of 0.1, Dividend Yield of 0.0775 or PTB Ratio of 0.77. Performance financial statements analysis is a perfect complement when working with Performance Food Valuation or Volatility modules.
  
Check out the analysis of Performance Food Correlation against competitors.

Latest Performance Food's Receivables Turnover Growth Pattern

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

Performance Receivables Turnover Regression Statistics

Arithmetic Mean20.15
Geometric Mean19.82
Coefficient Of Variation18.59
Mean Deviation3.60
Median22.85
Standard Deviation3.75
Sample Variance14.04
Range8.3018
R-Value0.87
Mean Square Error3.60
R-Squared0.76
Significance0.000022
Slope0.73
Total Sum of Squares196.55

Performance Receivables Turnover History

2024 24.6
2023 22.85
2017 23.46

About Performance Food Financial Statements

Performance Food stakeholders use historical fundamental indicators, such as Performance Food's Receivables Turnover, to determine how well the company is positioned to perform in the future. Although Performance Food investors may analyze each financial statement separately, they are all interrelated. For example, changes in Performance Food's assets and liabilities are reflected in the revenues and expenses on Performance Food'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 Performance Food Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Receivables Turnover 22.85  24.60 

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When determining whether Performance Food offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Performance Food's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Performance Food Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Performance Food Group Stock:
Check out the analysis of Performance Food Correlation against competitors.
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Is Consumer Staples Distribution & 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 Performance Food. If investors know Performance 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 Performance Food 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
(0.10)
Earnings Share
2.71
Revenue Per Share
357.357
Quarterly Revenue Growth
0.032
Return On Assets
0.0378
The market value of Performance Food is measured differently than its book value, which is the value of Performance that is recorded on the company's balance sheet. Investors also form their own opinion of Performance Food's value that differs from its market value or its book value, called intrinsic value, which is Performance Food'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 Performance Food's market value can be influenced by many factors that don't directly affect Performance Food'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 Performance Food's value and its price as these two are different measures arrived at by different means. Investors typically determine if Performance Food is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Performance Food'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.