Remitly Net Receivables from 2010 to 2024

RELY Stock  USD 20.68  0.22  1.08%   
Remitly Global Net Receivables yearly trend continues to be fairly stable with very little volatility. Net Receivables is likely to outpace its year average in 2024. During the period from 2010 to 2024, Remitly Global Net Receivables regression line of annual values had r-squared of  0.57 and arithmetic mean of  99,474,363. View All Fundamentals
 
Net Receivables  
First Reported
2011-09-30
Previous Quarter
478.7 M
Current Value
293.4 M
Quarterly Volatility
117.6 M
 
Yuan Drop
 
Covid
Check Remitly Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Remitly Global's main balance sheet or income statement drivers, such as Depreciation And Amortization of 12.5 M, Interest Expense of 2.2 M or Total Revenue of 558.5 M, as well as many indicators such as Price To Sales Ratio of 3.53, Dividend Yield of 0.0 or PTB Ratio of 6.3. Remitly financial statements analysis is a perfect complement when working with Remitly Global Valuation or Volatility modules.
  
Check out the analysis of Remitly Global Correlation against competitors.
For more information on how to buy Remitly Stock please use our How to Invest in Remitly Global guide.

Latest Remitly Global's Net Receivables Growth Pattern

Below is the plot of the Net Receivables of Remitly Global over the last few years. It is Remitly Global's Net Receivables historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Remitly Global's overall financial position and show how it may be relating to other accounts over time.
Net Receivables10 Years Trend
Slightly volatile
   Net Receivables   
       Timeline  

Remitly Net Receivables Regression Statistics

Arithmetic Mean99,474,363
Geometric Mean33,674,347
Coefficient Of Variation136.64
Mean Deviation97,540,533
Median50,729,000
Standard Deviation135,925,907
Sample Variance18475.9T
Range414.1M
R-Value0.76
Mean Square Error8521.3T
R-Squared0.57
Significance0
Slope22,981,708
Total Sum of Squares258661.9T

Remitly Net Receivables History

2024417.7 M
2023397.8 M
2022191.4 M
202167.2 M
202050.7 M
201829.5 M
2017122.5 M

About Remitly Global Financial Statements

Remitly Global investors use historical fundamental indicators, such as Remitly Global's Net Receivables, 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 Remitly Global. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Receivables397.8 M417.7 M

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Additional Tools for Remitly Stock Analysis

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