Nova Net Receivables from 2010 to 2024

NVFY Stock  USD 0.44  0.02  4.35%   
Nova Lifestyle Net Receivables yearly trend continues to be fairly stable with very little volatility. Net Receivables will likely drop to about 83.8 K in 2024. During the period from 2010 to 2024, Nova Lifestyle Net Receivables regression line of annual values had r-squared of  0.15 and arithmetic mean of  22,998,888. View All Fundamentals
 
Net Receivables  
First Reported
2011-06-30
Previous Quarter
75.5 K
Current Value
126.8 K
Quarterly Volatility
21.9 M
 
Yuan Drop
 
Covid
Check Nova Lifestyle financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nova Lifestyle's main balance sheet or income statement drivers, such as Interest Expense of 1.8 M, Selling General Administrative of 6.1 M or Total Revenue of 10.5 M, as well as many indicators such as Price To Sales Ratio of 0.74, Dividend Yield of 0.0 or PTB Ratio of 12.41. Nova financial statements analysis is a perfect complement when working with Nova Lifestyle Valuation or Volatility modules.
  
Check out the analysis of Nova Lifestyle Correlation against competitors.

Latest Nova Lifestyle's Net Receivables Growth Pattern

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

Nova Net Receivables Regression Statistics

Arithmetic Mean22,998,888
Geometric Mean4,803,865
Coefficient Of Variation105.59
Mean Deviation20,829,952
Median19,206,252
Standard Deviation24,284,664
Sample Variance589.7T
Range67.4M
R-Value(0.39)
Mean Square Error538.9T
R-Squared0.15
Significance0.15
Slope(2,113,479)
Total Sum of Squares8256.4T

Nova Net Receivables History

202483.8 K
202388.3 K
2022367.7 K
2021402.4 K
20201.1 M
2019415.1 K
201867.5 M

About Nova Lifestyle Financial Statements

Nova Lifestyle investors use historical fundamental indicators, such as Nova Lifestyle's Net Receivables, 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 Nova Lifestyle. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Receivables88.3 K83.8 K

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Nova Stock Analysis

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