First Receivables Turnover from 2010 to 2024

FBIZ Stock  USD 50.12  0.39  0.77%   
First Business 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, First Business Receivables Turnover regression line of annual values had r-squared of  0.0008 and arithmetic mean of  2.32. View All Fundamentals
 
Receivables Turnover  
First Reported
2010-12-31
Previous Quarter
1.95
Current Value
3.48
Quarterly Volatility
3.45917196
 
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Check First Business financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among First Business' main balance sheet or income statement drivers, such as Interest Expense of 22.6 M, Total Revenue of 59.4 M or Gross Profit of 59.4 M, as well as many indicators such as Price To Sales Ratio of 3.85, Dividend Yield of 0.0157 or PTB Ratio of 1.33. First financial statements analysis is a perfect complement when working with First Business Valuation or Volatility modules.
  
Check out the analysis of First Business Correlation against competitors.

Latest First Business' Receivables Turnover Growth Pattern

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

First Receivables Turnover Regression Statistics

Arithmetic Mean2.32
Geometric Mean0.96
Coefficient Of Variation149.12
Mean Deviation1.75
Median1.95
Standard Deviation3.46
Sample Variance11.97
Range14.2506
R-Value0.03
Mean Square Error12.88
R-Squared0.0008
Significance0.92
Slope0.02
Total Sum of Squares167.52

First Receivables Turnover History

2024 3.48
2023 1.95
2022 1.7
2021 2.05
2020 0.91
2019 1.17
2018 2.15

About First Business Financial Statements

First Business investors use historical fundamental indicators, such as First Business' 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 First Business. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Receivables Turnover 1.95  3.48 

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Additional Tools for First Stock Analysis

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