Patrick Net Receivables from 2010 to 2024

PATK Stock  USD 134.42  3.93  2.84%   
Patrick Industries Net Receivables yearly trend continues to be quite stable with very little volatility. Net Receivables may rise above about 181.8 M this year. From the period between 2010 and 2024, Patrick Industries, Net Receivables regression line of its data series had standard deviation of  62,228,295 and standard deviation of  62,228,295. View All Fundamentals
 
Net Receivables  
First Reported
1985-12-31
Previous Quarter
252.1 M
Current Value
255.4 M
Quarterly Volatility
76.1 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Patrick Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Patrick Industries' main balance sheet or income statement drivers, such as Depreciation And Amortization of 151.8 M, Interest Expense of 72.4 M or Total Revenue of 3.6 B, as well as many indicators such as Price To Sales Ratio of 0.65, Dividend Yield of 0.0123 or PTB Ratio of 1.32. Patrick financial statements analysis is a perfect complement when working with Patrick Industries Valuation or Volatility modules.
  
Check out the analysis of Patrick Industries Correlation against competitors.
For more information on how to buy Patrick Stock please use our How to buy in Patrick Stock guide.

Latest Patrick Industries' Net Receivables Growth Pattern

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

Patrick Net Receivables Regression Statistics

Arithmetic Mean80,215,003
Geometric Mean53,441,577
Coefficient Of Variation77.58
Mean Deviation52,554,404
Median77,784,000
Standard Deviation62,228,295
Sample Variance3872.4T
Range176M
R-Value0.97
Mean Square Error238.5T
R-Squared0.94
Slope13,510,976
Total Sum of Squares54213T

Patrick Net Receivables History

2024181.8 M
2023173.1 M
2022142.1 M
2021156.1 M
2020132.5 M
201987.5 M
201882.5 M

About Patrick Industries Financial Statements

Patrick Industries investors utilize fundamental indicators, such as Net Receivables, to predict how Patrick Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Net Receivables173.1 M181.8 M

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When determining whether Patrick Industries is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Patrick Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Patrick Industries Stock. Highlighted below are key reports to facilitate an investment decision about Patrick Industries Stock:
Check out the analysis of Patrick Industries Correlation against competitors.
For more information on how to buy Patrick Stock please use our How to buy in Patrick Stock guide.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Building Products 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 Patrick Industries. If investors know Patrick 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 Patrick Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.01)
Dividend Share
2.2
Earnings Share
6.96
Revenue Per Share
168.682
Quarterly Revenue Growth
0.062
The market value of Patrick Industries is measured differently than its book value, which is the value of Patrick that is recorded on the company's balance sheet. Investors also form their own opinion of Patrick Industries' value that differs from its market value or its book value, called intrinsic value, which is Patrick Industries' 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 Patrick Industries' market value can be influenced by many factors that don't directly affect Patrick Industries' 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 Patrick Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Patrick Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Patrick Industries' 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.