South Receivables Turnover from 2010 to 2024

SPFI Stock  USD 39.46  1.14  2.97%   
South Plains' Receivables Turnover is increasing with slightly volatile movements from year to year. Receivables Turnover is estimated to finish at 14.31 this year. For the period between 2010 and 2024, South Plains, Receivables Turnover quarterly trend regression had mean deviation of  1.16 and range of 5.6695. View All Fundamentals
 
Receivables Turnover  
First Reported
2010-12-31
Previous Quarter
10.10267707
Current Value
14.31
Quarterly Volatility
1.50488579
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check South Plains financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among South Plains' main balance sheet or income statement drivers, such as Tax Provision of 9.7 M, Net Interest Income of 127.6 M or Interest Income of 155.7 M, as well as many indicators such as Price To Sales Ratio of 1.71, Dividend Yield of 0.0281 or PTB Ratio of 1.54. South financial statements analysis is a perfect complement when working with South Plains Valuation or Volatility modules.
  
Check out the analysis of South Plains Correlation against competitors.

Latest South Plains' Receivables Turnover Growth Pattern

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

South Receivables Turnover Regression Statistics

Arithmetic Mean12.24
Geometric Mean12.16
Coefficient Of Variation12.30
Mean Deviation1.16
Median11.58
Standard Deviation1.50
Sample Variance2.26
Range5.6695
R-Value0.46
Mean Square Error1.92
R-Squared0.21
Significance0.08
Slope0.15
Total Sum of Squares31.71

South Receivables Turnover History

2024 14.31
2023 10.1
2022 13.06
2021 15.77
2020 14.55

About South Plains Financial Statements

Investors use fundamental indicators, such as South Plains' Receivables Turnover, to determine how well the company is positioned to perform in the future. Although South Plains' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Receivables Turnover 10.10  14.31 

Currently Active Assets on Macroaxis

When determining whether South Plains Financial offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of South Plains' 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 South Plains Financial Stock. Outlined below are crucial reports that will aid in making a well-informed decision on South Plains Financial Stock:
Check out the analysis of South Plains Correlation against competitors.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Regional Banks 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 South Plains. If investors know South 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 South Plains listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.15)
Dividend Share
0.54
Earnings Share
2.57
Revenue Per Share
11.2
Quarterly Revenue Growth
(0.03)
The market value of South Plains Financial is measured differently than its book value, which is the value of South that is recorded on the company's balance sheet. Investors also form their own opinion of South Plains' value that differs from its market value or its book value, called intrinsic value, which is South Plains' 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 South Plains' market value can be influenced by many factors that don't directly affect South Plains' 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 South Plains' value and its price as these two are different measures arrived at by different means. Investors typically determine if South Plains is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, South Plains' 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.