Eversource Receivables Turnover from 2010 to 2024

ES Stock  USD 59.99  0.55  0.91%   
Eversource Energy 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, Eversource Energy Receivables Turnover quarterly data regression had r-value of  0.03 and coefficient of variation of  16.45. View All Fundamentals
 
Receivables Turnover  
First Reported
2010-12-31
Previous Quarter
7.18873879
Current Value
9.24
Quarterly Volatility
1.17926505
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Eversource Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Eversource Energy's main balance sheet or income statement drivers, such as Interest Expense of 898.2 M, Total Revenue of 6.3 B or Gross Profit of 3.3 B, as well as many indicators such as Price To Sales Ratio of 1.01, Dividend Yield of 0.0413 or PTB Ratio of 1.1. Eversource financial statements analysis is a perfect complement when working with Eversource Energy Valuation or Volatility modules.
  
Check out the analysis of Eversource Energy Correlation against competitors.
For more information on how to buy Eversource Stock please use our How to Invest in Eversource Energy guide.

Latest Eversource Energy's Receivables Turnover Growth Pattern

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

Eversource Receivables Turnover Regression Statistics

Arithmetic Mean7.17
Geometric Mean7.09
Coefficient Of Variation16.45
Mean Deviation0.76
Median7.00
Standard Deviation1.18
Sample Variance1.39
Range4.6865
R-Value0.03
Mean Square Error1.50
R-Squared0
Significance0.91
Slope0.01
Total Sum of Squares19.47

Eversource Receivables Turnover History

2024 9.24
2023 7.19
2022 7.0
2021 6.86
2020 6.23
2019 7.29
2018 7.22

About Eversource Energy Financial Statements

Eversource Energy shareholders use historical fundamental indicators, such as Receivables Turnover, to determine how well the company is positioned to perform in the future. Although Eversource Energy investors may analyze each financial statement separately, they are all interrelated. The changes in Eversource Energy's assets and liabilities, for example, are also reflected in the revenues and expenses on on Eversource Energy'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 7.19  9.24 

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Additional Tools for Eversource Stock Analysis

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