TOP Receivables Turnover from 2010 to 2025

TOPS Stock  USD 6.11  0.19  3.02%   
TOP Ships Receivables Turnover yearly trend continues to be comparatively stable with very little volatility. Receivables Turnover is likely to outpace its year average in 2025. From the period from 2010 to 2025, TOP Ships Receivables Turnover quarterly data regression had r-value of  0.54 and coefficient of variation of  117.40. View All Fundamentals
 
Receivables Turnover  
First Reported
2010-12-31
Previous Quarter
235.5
Current Value
247.28
Quarterly Volatility
231.16177021
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check TOP Ships financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among TOP Ships' main balance sheet or income statement drivers, such as Depreciation And Amortization of 12.6 M, Interest Expense of 27.8 M or Total Revenue of 68.5 M, as well as many indicators such as Price To Sales Ratio of 0.47, Dividend Yield of 0.23 or PTB Ratio of 0.17. TOP financial statements analysis is a perfect complement when working with TOP Ships Valuation or Volatility modules.
  
Check out the analysis of TOP Ships Correlation against competitors.
For more information on how to buy TOP Stock please use our How to Invest in TOP Ships guide.

Latest TOP Ships' Receivables Turnover Growth Pattern

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

TOP Receivables Turnover Regression Statistics

Arithmetic Mean196.90
Geometric Mean101.92
Coefficient Of Variation117.40
Mean Deviation163.51
Median122.20
Standard Deviation231.16
Sample Variance53,436
Range732
R-Value0.54
Mean Square Error40,504
R-Squared0.29
Significance0.03
Slope26.26
Total Sum of Squares801,536

TOP Receivables Turnover History

2025 247.28
2024 235.5
2022 261.67
2020 741.67
2019 102.94
2018 33.32
2017 50.92

About TOP Ships Financial Statements

TOP Ships shareholders use historical fundamental indicators, such as Receivables Turnover, to determine how well the company is positioned to perform in the future. Although TOP Ships investors may analyze each financial statement separately, they are all interrelated. The changes in TOP Ships' assets and liabilities, for example, are also reflected in the revenues and expenses on on TOP Ships' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Receivables Turnover 235.50  247.28 

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Additional Tools for TOP Stock Analysis

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