Schnitzer Change Receivables from 2010 to 2024

RDUS Stock  USD 20.21  0.47  2.38%   
Schnitzer Steel Change Receivables yearly trend continues to be comparatively stable with very little volatility. Change Receivables is likely to outpace its year average in 2024. Change Receivables is the difference in the amount of accounts receivable from one accounting period to the next. A positive number indicates an increase in receivables, while a negative number indicates a decrease. View All Fundamentals
 
Change Receivables  
First Reported
2010-11-30
Previous Quarter
-30.8 M
Current Value
-57.1 M
Quarterly Volatility
32.8 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Schnitzer Steel financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Schnitzer Steel's main balance sheet or income statement drivers, such as Depreciation And Amortization of 108.4 M, Interest Expense of 22.4 M or Total Revenue of 3.5 B, as well as many indicators such as Price To Sales Ratio of 5.47, Dividend Yield of 0.0214 or Days Sales Outstanding of 46.12. Schnitzer financial statements analysis is a perfect complement when working with Schnitzer Steel Valuation or Volatility modules.
  
Check out the analysis of Schnitzer Steel Correlation against competitors.

Latest Schnitzer Steel's Change Receivables Growth Pattern

Below is the plot of the Change Receivables of Schnitzer Steel Industries over the last few years. It is the difference in the amount of accounts receivable from one accounting period to the next. A positive number indicates an increase in receivables, while a negative number indicates a decrease. Schnitzer Steel's Change Receivables historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Schnitzer Steel's overall financial position and show how it may be relating to other accounts over time.
Change Receivables10 Years Trend
Very volatile
   Change Receivables   
       Timeline  

Schnitzer Change Receivables Regression Statistics

Arithmetic Mean(14,409,808)
Geometric Mean10,570,592
Coefficient Of Variation(332.83)
Mean Deviation35,460,821
Median(2,252,000)
Standard Deviation47,959,565
Sample Variance2300.1T
Range173.4M
R-Value0.09
Mean Square Error2457.1T
R-Squared0.01
Significance0.75
Slope962,959
Total Sum of Squares32201.7T

Schnitzer Change Receivables History

2024598.2 K
2023569.7 K
2021633 K
2020-84.1 M
2019-2.3 M
20189.5 M
2017-44.9 M

About Schnitzer Steel Financial Statements

Schnitzer Steel shareholders use historical fundamental indicators, such as Change Receivables, to determine how well the company is positioned to perform in the future. Although Schnitzer Steel investors may analyze each financial statement separately, they are all interrelated. The changes in Schnitzer Steel's assets and liabilities, for example, are also reflected in the revenues and expenses on on Schnitzer Steel'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 Receivables569.7 K598.2 K

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Additional Tools for Schnitzer Stock Analysis

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