Planet Receivables Turnover from 2010 to 2024

PLNT Stock  USD 101.53  1.51  1.51%   
Planet Fitness Receivables Turnover yearly trend continues to be comparatively stable with very little volatility. Receivables Turnover will likely drop to 9.81 in 2024. From the period from 2010 to 2024, Planet Fitness Receivables Turnover quarterly data regression had r-value of  0.21 and coefficient of variation of  22.32. View All Fundamentals
 
Receivables Turnover  
First Reported
2010-12-31
Previous Quarter
19.03699623
Current Value
9.81
Quarterly Volatility
2.68774704
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Planet Fitness financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Planet Fitness' main balance sheet or income statement drivers, such as Depreciation And Amortization of 156.9 M, Selling General Administrative of 66.1 M or Selling And Marketing Expenses of 44.3 M, as well as many indicators such as Price To Sales Ratio of 5.33, Dividend Yield of 8.0E-4 or Days Sales Outstanding of 34.69. Planet financial statements analysis is a perfect complement when working with Planet Fitness Valuation or Volatility modules.
  
Check out the analysis of Planet Fitness Correlation against competitors.
For more information on how to buy Planet Stock please use our How to Invest in Planet Fitness guide.

Latest Planet Fitness' Receivables Turnover Growth Pattern

Below is the plot of the Receivables Turnover of Planet Fitness over the last few years. It is Planet Fitness' Receivables Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Planet Fitness' overall financial position and show how it may be relating to other accounts over time.
Receivables Turnover10 Years Trend
Pretty Stable
   Receivables Turnover   
       Timeline  

Planet Receivables Turnover Regression Statistics

Arithmetic Mean12.04
Geometric Mean11.77
Coefficient Of Variation22.32
Mean Deviation1.84
Median11.97
Standard Deviation2.69
Sample Variance7.22
Range11.4677
R-Value0.21
Mean Square Error7.44
R-Squared0.04
Significance0.46
Slope0.13
Total Sum of Squares101.14

Planet Receivables Turnover History

2024 9.81
2023 19.04
2022 14.05
2021 13.21
2020 10.52
2019 13.13
2018 9.82

About Planet Fitness Financial Statements

Planet Fitness shareholders use historical fundamental indicators, such as Receivables Turnover, to determine how well the company is positioned to perform in the future. Although Planet Fitness investors may analyze each financial statement separately, they are all interrelated. The changes in Planet Fitness' assets and liabilities, for example, are also reflected in the revenues and expenses on on Planet Fitness' 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 19.04  9.81 

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Additional Tools for Planet Stock Analysis

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