Universal Receivables Turnover from 2010 to 2024

UUU Stock  USD 2.17  0.01  0.46%   
Universal Security Receivables Turnover yearly trend continues to be comparatively stable with very little volatility. Receivables Turnover is likely to outpace its year average in 2024. From the period from 2010 to 2024, Universal Security Receivables Turnover quarterly data regression had r-value of  0.60 and coefficient of variation of  20.03. View All Fundamentals
 
Receivables Turnover  
First Reported
2010-12-31
Previous Quarter
6.0126124
Current Value
9.5
Quarterly Volatility
1.19762375
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Universal Security financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Universal Security's main balance sheet or income statement drivers, such as Depreciation And Amortization of 154.5 K, Interest Expense of 147.9 K or Total Revenue of 15.1 M, as well as many indicators such as Price To Sales Ratio of 0.18, Dividend Yield of 0.0 or PTB Ratio of 0.68. Universal financial statements analysis is a perfect complement when working with Universal Security Valuation or Volatility modules.
  
Check out the analysis of Universal Security Correlation against competitors.

Latest Universal Security's Receivables Turnover Growth Pattern

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

Universal Receivables Turnover Regression Statistics

Arithmetic Mean5.98
Geometric Mean5.88
Coefficient Of Variation20.03
Mean Deviation0.79
Median5.83
Standard Deviation1.20
Sample Variance1.43
Range5.1341
R-Value0.60
Mean Square Error0.99
R-Squared0.36
Significance0.02
Slope0.16
Total Sum of Squares20.08

Universal Receivables Turnover History

2024 9.5
2023 6.01
2020 6.78
2019 6.05
2018 5.83
2017 5.16
2016 6.24

About Universal Security Financial Statements

Universal Security shareholders use historical fundamental indicators, such as Receivables Turnover, to determine how well the company is positioned to perform in the future. Although Universal Security investors may analyze each financial statement separately, they are all interrelated. The changes in Universal Security's assets and liabilities, for example, are also reflected in the revenues and expenses on on Universal Security's 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 6.01  9.50 

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Additional Tools for Universal Stock Analysis

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