RDY Receivables Turnover from 2010 to 2024

RDY Stock  USD 14.20  0.21  1.50%   
Dr Reddys Receivables Turnover yearly trend continues to be fairly stable with very little volatility. Receivables Turnover is likely to outpace its year average in 2024. During the period from 2010 to 2024, Dr Reddys Receivables Turnover regression line of annual values had r-squared of  0.0009 and arithmetic mean of  3.24. View All Fundamentals
 
Receivables Turnover  
First Reported
2010-12-31
Previous Quarter
3.47659967
Current Value
4.43
Quarterly Volatility
0.56910937
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Dr Reddys financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Dr Reddys' main balance sheet or income statement drivers, such as Interest Expense of 1.8 B, Total Revenue of 293.1 B or Gross Profit of 171.8 B, as well as many indicators such as Price To Sales Ratio of 3.91, Dividend Yield of 0.0061 or PTB Ratio of 3.89. RDY financial statements analysis is a perfect complement when working with Dr Reddys Valuation or Volatility modules.
  
Check out the analysis of Dr Reddys Correlation against competitors.

Latest Dr Reddys' Receivables Turnover Growth Pattern

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

RDY Receivables Turnover Regression Statistics

Arithmetic Mean3.24
Geometric Mean3.20
Coefficient Of Variation17.55
Mean Deviation0.40
Median3.08
Standard Deviation0.57
Sample Variance0.32
Range1.9737
R-Value0.03
Mean Square Error0.35
R-Squared0.0009
Significance0.92
Slope0
Total Sum of Squares4.53

RDY Receivables Turnover History

2024 4.43
2023 3.48
2022 3.39
2021 2.67
2019 2.83
2018 3.37
2017 2.59

About Dr Reddys Financial Statements

Dr Reddys investors use historical fundamental indicators, such as Dr Reddys' Receivables Turnover, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Dr Reddys. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Receivables Turnover 3.48  4.43 

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Additional Tools for RDY Stock Analysis

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