Brady Receivables Turnover from 2010 to 2024

BRC Stock  USD 74.89  0.13  0.17%   
Brady's Receivables Turnover is increasing over the years with very volatile fluctuation. Overall, Receivables Turnover is expected to go to 7.69 this year. During the period from 2010 to 2024 Brady Receivables Turnover annual values regression line had geometric mean of  7.24 and mean square error of  0.14. View All Fundamentals
 
Receivables Turnover  
First Reported
2010-12-31
Previous Quarter
7.2317749
Current Value
7.69
Quarterly Volatility
0.36306612
 
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Yuan Drop
 
Covid
Check Brady financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Brady's main balance sheet or income statement drivers, such as Depreciation And Amortization of 27.8 M, Interest Expense of 4.5 M or Selling General Administrative of 289.1 M, as well as many indicators such as Price To Sales Ratio of 2.7, Dividend Yield of 0.0159 or PTB Ratio of 1.9. Brady financial statements analysis is a perfect complement when working with Brady Valuation or Volatility modules.
  
Check out the analysis of Brady Correlation against competitors.
For information on how to trade Brady Stock refer to our How to Trade Brady Stock guide.

Latest Brady's Receivables Turnover Growth Pattern

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

Brady Receivables Turnover Regression Statistics

Arithmetic Mean7.25
Geometric Mean7.24
Coefficient Of Variation5.01
Mean Deviation0.28
Median7.28
Standard Deviation0.36
Sample Variance0.13
Range1.2521
R-Value0.09
Mean Square Error0.14
R-Squared0.01
Significance0.74
Slope0.01
Total Sum of Squares1.85

Brady Receivables Turnover History

2024 7.69
2023 7.23
2022 7.22
2021 7.11
2020 6.71
2019 7.4
2018 7.34

About Brady Financial Statements

Brady stakeholders use historical fundamental indicators, such as Brady's Receivables Turnover, to determine how well the company is positioned to perform in the future. Although Brady investors may analyze each financial statement separately, they are all interrelated. For example, changes in Brady's assets and liabilities are reflected in the revenues and expenses on Brady's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Brady. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Receivables Turnover 7.23  7.69 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Brady offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Brady's 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 Brady Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Brady Stock:
Check out the analysis of Brady Correlation against competitors.
For information on how to trade Brady Stock refer to our How to Trade Brady Stock guide.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Commercial Services & Supplies 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 Brady. If investors know Brady 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 Brady 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
0.154
Earnings Share
4.07
Revenue Per Share
27.877
Quarterly Revenue Growth
(0.01)
Return On Assets
0.1048
The market value of Brady is measured differently than its book value, which is the value of Brady that is recorded on the company's balance sheet. Investors also form their own opinion of Brady's value that differs from its market value or its book value, called intrinsic value, which is Brady's 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 Brady's market value can be influenced by many factors that don't directly affect Brady's 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 Brady's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brady is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brady's 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.