Performant Receivables Turnover from 2010 to 2024

PFMT Stock  USD 3.17  0.09  2.92%   
Performant Financial Receivables Turnover yearly trend continues to be comparatively stable with very little volatility. Receivables Turnover will likely drop to 3.75 in 2024. From the period from 2010 to 2024, Performant Financial Receivables Turnover quarterly data regression had r-value of (0.82) and coefficient of variation of  39.53. View All Fundamentals
 
Receivables Turnover  
First Reported
2010-12-31
Previous Quarter
3.94968401
Current Value
3.75
Quarterly Volatility
2.86119471
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Performant Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Performant Financial's main balance sheet or income statement drivers, such as Depreciation And Amortization of 6.4 M, Interest Expense of 1.9 M or Selling General Administrative of 96.1 M, as well as many indicators such as Price To Sales Ratio of 1.69, Dividend Yield of 0.0 or PTB Ratio of 3.1. Performant financial statements analysis is a perfect complement when working with Performant Financial Valuation or Volatility modules.
  
Check out the analysis of Performant Financial Correlation against competitors.
For more information on how to buy Performant Stock please use our How to Invest in Performant Financial guide.

Latest Performant Financial's Receivables Turnover Growth Pattern

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

Performant Receivables Turnover Regression Statistics

Arithmetic Mean7.24
Geometric Mean6.69
Coefficient Of Variation39.53
Mean Deviation2.37
Median7.39
Standard Deviation2.86
Sample Variance8.19
Range9.3988
R-Value(0.82)
Mean Square Error2.89
R-Squared0.67
Significance0.0002
Slope(0.52)
Total Sum of Squares114.61

Performant Receivables Turnover History

2024 3.75
2023 3.95
2022 3.59
2021 3.88
2020 5.63
2019 5.25
2018 7.39

About Performant Financial Financial Statements

Performant Financial shareholders use historical fundamental indicators, such as Receivables Turnover, to determine how well the company is positioned to perform in the future. Although Performant Financial investors may analyze each financial statement separately, they are all interrelated. The changes in Performant Financial's assets and liabilities, for example, are also reflected in the revenues and expenses on on Performant Financial'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
Receivables Turnover 3.95  3.75 

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Additional Tools for Performant Stock Analysis

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