Vertex Receivables Turnover from 2010 to 2024

VERX Stock  USD 53.83  0.39  0.73%   
Vertex Receivables Turnover yearly trend continues to be fairly stable with very little volatility. Receivables Turnover is likely to outpace its year average in 2024. During the period from 2010 to 2024, Vertex Receivables Turnover regression line of annual values had r-squared of  0.25 and arithmetic mean of  4.56. View All Fundamentals
 
Receivables Turnover  
First Reported
2010-12-31
Previous Quarter
4.03794655
Current Value
5.16
Quarterly Volatility
0.37918983
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Vertex financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Vertex's main balance sheet or income statement drivers, such as Tax Provision of 14.9 M, Interest Income of 899.1 K or Depreciation And Amortization of 14.4 M, as well as many indicators such as Price To Sales Ratio of 5.54, Dividend Yield of 3.0E-4 or PTB Ratio of 16.98. Vertex financial statements analysis is a perfect complement when working with Vertex Valuation or Volatility modules.
  
Check out the analysis of Vertex Correlation against competitors.
For more information on how to buy Vertex Stock please use our How to Invest in Vertex guide.

Latest Vertex's Receivables Turnover Growth Pattern

Below is the plot of the Receivables Turnover of Vertex over the last few years. It is Vertex's Receivables Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Vertex'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  

Vertex Receivables Turnover Regression Statistics

Arithmetic Mean4.56
Geometric Mean4.54
Coefficient Of Variation8.32
Mean Deviation0.28
Median4.38
Standard Deviation0.38
Sample Variance0.14
Range1.4938
R-Value0.50
Mean Square Error0.12
R-Squared0.25
Significance0.06
Slope0.04
Total Sum of Squares2.01

Vertex Receivables Turnover History

2024 5.16
2023 4.04
2022 4.78
2021 5.53
2020 4.86
2019 4.57

About Vertex Financial Statements

Vertex investors use historical fundamental indicators, such as Vertex's Receivables Turnover, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Vertex. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Receivables Turnover 4.04  5.16 

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Additional Tools for Vertex Stock Analysis

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