Southern Receivables Turnover from 2010 to 2024

SSBK Stock  USD 37.42  0.58  1.53%   
Southern States Receivables Turnover yearly trend continues to be quite stable with very little volatility. Receivables Turnover may rise above 13.64 this year. From the period between 2010 and 2024, Southern States, Receivables Turnover regression line of its data series had standard deviation of  1.40 and standard deviation of  1.40. View All Fundamentals
 
Receivables Turnover  
First Reported
2010-12-31
Previous Quarter
9.51624383
Current Value
13.64
Quarterly Volatility
1.40206305
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Southern States financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Southern States' main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.8 M, Interest Expense of 54.8 M or Total Revenue of 65.8 M, as well as many indicators such as Price To Sales Ratio of 3.58, Dividend Yield of 0.0151 or PTB Ratio of 1.36. Southern financial statements analysis is a perfect complement when working with Southern States Valuation or Volatility modules.
  
Check out the analysis of Southern States Correlation against competitors.

Latest Southern States' Receivables Turnover Growth Pattern

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

Southern Receivables Turnover Regression Statistics

Arithmetic Mean13.39
Geometric Mean13.32
Coefficient Of Variation10.47
Mean Deviation0.98
Median13.92
Standard Deviation1.40
Sample Variance1.97
Range5.7634
R-Value(0.47)
Mean Square Error1.65
R-Squared0.22
Significance0.08
Slope(0.15)
Total Sum of Squares27.52

Southern Receivables Turnover History

2024 13.64
2023 9.52
2022 11.49
2021 15.28
2020 11.81

About Southern States Financial Statements

Southern States investors utilize fundamental indicators, such as Receivables Turnover, to predict how Southern Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Receivables Turnover 9.52  13.64 

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When determining whether Southern States Banc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Southern Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Southern States Bancshares Stock. Highlighted below are key reports to facilitate an investment decision about Southern States Bancshares Stock:
Check out the analysis of Southern States Correlation against competitors.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
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 Southern States. If investors know Southern 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 Southern States 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
0.037
Dividend Share
0.36
Earnings Share
3.51
Revenue Per Share
9.586
Quarterly Revenue Growth
0.372
The market value of Southern States Banc is measured differently than its book value, which is the value of Southern that is recorded on the company's balance sheet. Investors also form their own opinion of Southern States' value that differs from its market value or its book value, called intrinsic value, which is Southern States' 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 Southern States' market value can be influenced by many factors that don't directly affect Southern States' 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 Southern States' value and its price as these two are different measures arrived at by different means. Investors typically determine if Southern States is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Southern States' 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.