Betterware Receivables Turnover from 2010 to 2024

BWMX Stock  USD 11.47  0.28  2.38%   
Betterware Receivables Turnover yearly trend continues to be fairly stable with very little volatility. Receivables Turnover will likely drop to 9.01 in 2024. During the period from 2010 to 2024, Betterware Receivables Turnover regression line of annual values had r-squared of  0.13 and arithmetic mean of  10.43. View All Fundamentals
 
Receivables Turnover  
First Reported
2010-12-31
Previous Quarter
11.80513529
Current Value
9.01
Quarterly Volatility
1.27151739
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Betterware financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Betterware's main balance sheet or income statement drivers, such as Tax Provision of 418.1 M, Interest Income of 47.5 M or Depreciation And Amortization of 393.9 M, as well as many indicators such as Price To Sales Ratio of 0.64, Dividend Yield of 0.0673 or PTB Ratio of 5.68. Betterware financial statements analysis is a perfect complement when working with Betterware Valuation or Volatility modules.
  
Check out the analysis of Betterware Correlation against competitors.

Latest Betterware's Receivables Turnover Growth Pattern

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

Betterware Receivables Turnover Regression Statistics

Arithmetic Mean10.43
Geometric Mean10.36
Coefficient Of Variation12.19
Mean Deviation1.02
Median9.80
Standard Deviation1.27
Sample Variance1.62
Range4.4549
R-Value0.36
Mean Square Error1.52
R-Squared0.13
Significance0.19
Slope0.10
Total Sum of Squares22.63

Betterware Receivables Turnover History

2024 9.01
2023 11.81
2022 9.78
2021 13.46
2020 9.88
2019 12.45
2018 11.65

About Betterware Financial Statements

Betterware investors use historical fundamental indicators, such as Betterware'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 Betterware. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Receivables Turnover 11.81  9.01 

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Additional Tools for Betterware Stock Analysis

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