Civitas Change Receivables from 2010 to 2024

CIVI Stock  USD 48.60  2.46  4.82%   
Civitas Resources' Change Receivables is increasing with slightly volatile movements from year to year. Change Receivables is predicted to flatten to about -1.1 M. Change Receivables is the difference in the amount of accounts receivable from one accounting period to the next. A positive number indicates an increase in receivables, while a negative number indicates a decrease. View All Fundamentals
 
Change Receivables  
First Reported
2010-12-31
Previous Quarter
-1.1 M
Current Value
-1.1 M
Quarterly Volatility
41.3 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Civitas Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Civitas Resources' main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.2 B, Interest Expense of 191.9 M or Selling General Administrative of 169.1 M, as well as many indicators such as Price To Sales Ratio of 2.9, Dividend Yield of 0.0678 or PTB Ratio of 1.22. Civitas financial statements analysis is a perfect complement when working with Civitas Resources Valuation or Volatility modules.
  
Check out the analysis of Civitas Resources Correlation against competitors.
For more detail on how to invest in Civitas Stock please use our How to Invest in Civitas Resources guide.

Latest Civitas Resources' Change Receivables Growth Pattern

Below is the plot of the Change Receivables of Civitas Resources over the last few years. It is the difference in the amount of accounts receivable from one accounting period to the next. A positive number indicates an increase in receivables, while a negative number indicates a decrease. Civitas Resources' Change Receivables historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Civitas Resources' overall financial position and show how it may be relating to other accounts over time.
Change Receivables10 Years Trend
Slightly volatile
   Change Receivables   
       Timeline  

Civitas Change Receivables Regression Statistics

Arithmetic Mean(80,915,427)
Coefficient Of Variation(51.08)
Mean Deviation31,944,917
Median(100,881,000)
Standard Deviation41,332,680
Sample Variance1708.4T
Range99.9M
R-Value0.69
Mean Square Error952.9T
R-Squared0.48
Significance0
Slope6,416,808
Total Sum of Squares23917.5T

Civitas Change Receivables History

2024-1.1 M
2023-1.1 M
2022-941 K

About Civitas Resources Financial Statements

Investors use fundamental indicators, such as Civitas Resources' Change Receivables, to determine how well the company is positioned to perform in the future. Although Civitas Resources' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Change Receivables-1.1 M-1.1 M

Currently Active Assets on Macroaxis

When determining whether Civitas Resources offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Civitas Resources' 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 Civitas Resources Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Civitas Resources Stock:
Check out the analysis of Civitas Resources Correlation against competitors.
For more detail on how to invest in Civitas Stock please use our How to Invest in Civitas Resources guide.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Oil & Gas Exploration & Production 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 Civitas Resources. If investors know Civitas 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 Civitas Resources 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
0.929
Dividend Share
6.06
Earnings Share
10.2
Revenue Per Share
51.373
Quarterly Revenue Growth
0.228
The market value of Civitas Resources is measured differently than its book value, which is the value of Civitas that is recorded on the company's balance sheet. Investors also form their own opinion of Civitas Resources' value that differs from its market value or its book value, called intrinsic value, which is Civitas Resources' 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 Civitas Resources' market value can be influenced by many factors that don't directly affect Civitas Resources' 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 Civitas Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Civitas Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Civitas Resources' 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.