HealthEquity Receivables Turnover from 2010 to 2024

HQY Stock  USD 94.95  0.19  0.20%   
HealthEquity 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, HealthEquity Receivables Turnover regression line of annual values had r-squared of  0.21 and arithmetic mean of  10.03. View All Fundamentals
 
Receivables Turnover  
First Reported
2010-12-31
Previous Quarter
9.52958729
Current Value
10.77
Quarterly Volatility
1.12971023
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check HealthEquity financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among HealthEquity's main balance sheet or income statement drivers, such as Depreciation And Amortization of 160.7 M, Interest Expense of 58.2 M or Selling General Administrative of 108.8 M, as well as many indicators such as Price To Sales Ratio of 6.57, Dividend Yield of 0.0735 or PTB Ratio of 5.64. HealthEquity financial statements analysis is a perfect complement when working with HealthEquity Valuation or Volatility modules.
  
Check out the analysis of HealthEquity Correlation against competitors.
For more information on how to buy HealthEquity Stock please use our How to Invest in HealthEquity guide.

Latest HealthEquity's Receivables Turnover Growth Pattern

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

HealthEquity Receivables Turnover Regression Statistics

Arithmetic Mean10.03
Geometric Mean9.97
Coefficient Of Variation11.26
Mean Deviation0.94
Median10.49
Standard Deviation1.13
Sample Variance1.28
Range3.6834
R-Value(0.46)
Mean Square Error1.08
R-Squared0.21
Significance0.09
Slope(0.12)
Total Sum of Squares17.87

HealthEquity Receivables Turnover History

2024 10.77
2023 9.53
2022 8.9
2021 8.65
2020 10.08
2019 7.51
2018 11.19

About HealthEquity Financial Statements

HealthEquity investors use historical fundamental indicators, such as HealthEquity'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 HealthEquity. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Receivables Turnover 9.53  10.77 

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Additional Tools for HealthEquity Stock Analysis

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