OPTIMIZERx Receivables Turnover from 2010 to 2024

OPRX Stock  USD 4.99  0.06  1.22%   
OPTIMIZERx Corp Receivables Turnover yearly trend continues to be fairly stable with very little volatility. Receivables Turnover will likely drop to 1.82 in 2024. During the period from 2010 to 2024, OPTIMIZERx Corp Receivables Turnover regression line of annual values had r-squared of  0.20 and arithmetic mean of  6.72. View All Fundamentals
 
Receivables Turnover  
First Reported
2010-12-31
Previous Quarter
1.91803393
Current Value
1.82
Quarterly Volatility
15.35043861
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check OPTIMIZERx Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among OPTIMIZERx Corp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.5 M, Interest Expense of 1.5 M or Total Revenue of 75.1 M, as well as many indicators such as Price To Sales Ratio of 3.26, Dividend Yield of 0.0 or PTB Ratio of 1.21. OPTIMIZERx financial statements analysis is a perfect complement when working with OPTIMIZERx Corp Valuation or Volatility modules.
  
Check out the analysis of OPTIMIZERx Corp Correlation against competitors.
For more information on how to buy OPTIMIZERx Stock please use our How to Invest in OPTIMIZERx Corp guide.

Latest OPTIMIZERx Corp's Receivables Turnover Growth Pattern

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

OPTIMIZERx Receivables Turnover Regression Statistics

Arithmetic Mean6.72
Geometric Mean3.33
Coefficient Of Variation228.51
Mean Deviation7.39
Median2.82
Standard Deviation15.35
Sample Variance235.64
Range60.3538
R-Value(0.45)
Mean Square Error202.94
R-Squared0.20
Significance0.09
Slope(1.54)
Total Sum of Squares3,299

OPTIMIZERx Receivables Turnover History

2024 1.82
2023 1.92
2022 2.82
2021 2.47
2020 2.42
2018 3.28
2017 3.53

About OPTIMIZERx Corp Financial Statements

OPTIMIZERx Corp investors use historical fundamental indicators, such as OPTIMIZERx Corp'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 OPTIMIZERx Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Receivables Turnover 1.92  1.82 

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Additional Tools for OPTIMIZERx Stock Analysis

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