Forian Change To Account Receivables from 2010 to 2024

FORA Stock  USD 2.04  0.03  1.45%   
Forian's Change To Account Receivables is increasing over the years with very volatile fluctuation. Overall, Change To Account Receivables is expected to go to about 380.5 K this year. From 2010 to 2024 Forian Change To Account Receivables quarterly data regression line had arithmetic mean of (230,596) and significance of  0.83. View All Fundamentals
 
Change To Account Receivables  
First Reported
2019-12-31
Previous Quarter
496.7 K
Current Value
147.9 K
Quarterly Volatility
896.7 K
 
Covid
Check Forian financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Forian's main balance sheet or income statement drivers, such as Depreciation And Amortization of 91.5 K, Interest Expense of 446.7 K or Gross Profit of 10.7 M, as well as many indicators such as Price To Sales Ratio of 4.35, Dividend Yield of 0.0 or PTB Ratio of 3.76. Forian financial statements analysis is a perfect complement when working with Forian Valuation or Volatility modules.
  
Check out the analysis of Forian Correlation against competitors.

Latest Forian's Change To Account Receivables Growth Pattern

Below is the plot of the Change To Account Receivables of Forian Inc over the last few years. It is Forian's Change To Account Receivables historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Forian's overall financial position and show how it may be relating to other accounts over time.
Change To Account Receivables10 Years Trend
Very volatile
   Change To Account Receivables   
       Timeline  

Forian Change To Account Receivables Regression Statistics

Arithmetic Mean(230,596)
Coefficient Of Variation(161.56)
Mean Deviation202,745
Median(219,697)
Standard Deviation372,548
Sample Variance138.8B
Range1.5M
R-Value0.06
Mean Square Error148.9B
R-Squared0
Significance0.83
Slope5,132
Total Sum of Squares1.9T

Forian Change To Account Receivables History

2024380.5 K
2023362.3 K
2022-896.7 K
2021-1.1 M
2020-23 K

About Forian Financial Statements

Forian stakeholders use historical fundamental indicators, such as Forian's Change To Account Receivables, to determine how well the company is positioned to perform in the future. Although Forian investors may analyze each financial statement separately, they are all interrelated. For example, changes in Forian's assets and liabilities are reflected in the revenues and expenses on Forian'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 Forian Inc. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Change To Account Receivables362.3 K380.5 K

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When determining whether Forian Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Forian'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 Forian Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Forian Inc Stock:
Check out the analysis of Forian Correlation against competitors.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Health Care Equipment & 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 Forian. If investors know Forian 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 Forian listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.15)
Revenue Per Share
0.649
Quarterly Revenue Growth
(0.02)
Return On Assets
(0.06)
Return On Equity
0.0563
The market value of Forian Inc is measured differently than its book value, which is the value of Forian that is recorded on the company's balance sheet. Investors also form their own opinion of Forian's value that differs from its market value or its book value, called intrinsic value, which is Forian'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 Forian's market value can be influenced by many factors that don't directly affect Forian'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 Forian's value and its price as these two are different measures arrived at by different means. Investors typically determine if Forian is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Forian'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.