Red Receivables Turnover from 2010 to 2024

RRGB Stock  USD 5.18  0.30  5.47%   
Red Robin's Receivables Turnover is increasing over the years with very volatile fluctuation. Overall, Receivables Turnover is expected to go to 81.77 this year. From 2010 to 2024 Red Robin Receivables Turnover quarterly data regression line had arithmetic mean of  61.01 and r-squared of  0.01. View All Fundamentals
 
Receivables Turnover  
First Reported
2010-12-31
Previous Quarter
69.4
Current Value
81.77
Quarterly Volatility
12.18722416
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Red Robin financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Red Robin's main balance sheet or income statement drivers, such as Depreciation And Amortization of 56.8 M, Interest Expense of 27.9 M or Total Revenue of 908 M, as well as many indicators such as Price To Sales Ratio of 0.17, Dividend Yield of 0.0 or Days Sales Outstanding of 4.66. Red financial statements analysis is a perfect complement when working with Red Robin Valuation or Volatility modules.
  
Check out the analysis of Red Robin Correlation against competitors.

Latest Red Robin's Receivables Turnover Growth Pattern

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

Red Receivables Turnover Regression Statistics

Arithmetic Mean61.01
Geometric Mean60.07
Coefficient Of Variation19.98
Mean Deviation8.45
Median57.60
Standard Deviation12.19
Sample Variance148.53
Range43.0928
R-Value0.09
Mean Square Error158.62
R-Squared0.01
Significance0.75
Slope0.25
Total Sum of Squares2,079

Red Receivables Turnover History

2024 81.77
2023 69.4
2022 60.35
2017 52.11
2016 57.6
2011 53.65
2010 95.21

About Red Robin Financial Statements

Red Robin stakeholders use historical fundamental indicators, such as Red Robin's Receivables Turnover, to determine how well the company is positioned to perform in the future. Although Red Robin investors may analyze each financial statement separately, they are all interrelated. For example, changes in Red Robin's assets and liabilities are reflected in the revenues and expenses on Red Robin's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Red Robin Gourmet. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Receivables Turnover 69.40  81.77 

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When determining whether Red Robin Gourmet offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Red Robin's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Red Robin Gourmet Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Red Robin Gourmet Stock:
Check out the analysis of Red Robin Correlation against competitors.
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Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Red Robin. If investors know Red will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Red Robin listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(3.29)
Revenue Per Share
81.497
Quarterly Revenue Growth
(0.01)
Return On Assets
(0.02)
Return On Equity
(2.38)
The market value of Red Robin Gourmet is measured differently than its book value, which is the value of Red that is recorded on the company's balance sheet. Investors also form their own opinion of Red Robin's value that differs from its market value or its book value, called intrinsic value, which is Red Robin's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Red Robin's market value can be influenced by many factors that don't directly affect Red Robin's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Red Robin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Red Robin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Red Robin's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.