Preformed Receivables Turnover from 2010 to 2024

PLPC Stock  USD 136.19  1.46  1.06%   
Preformed Line's Receivables Turnover is decreasing over the years with slightly volatile fluctuation. Overall, Receivables Turnover is expected to go to 6.71 this year. During the period from 2010 to 2024 Preformed Line Receivables Turnover annual values regression line had geometric mean of  5.78 and mean square error of  0.42. View All Fundamentals
 
Receivables Turnover  
First Reported
2010-12-31
Previous Quarter
6.2650058
Current Value
6.71
Quarterly Volatility
0.66589141
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Preformed Line financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Preformed Line's main balance sheet or income statement drivers, such as Depreciation And Amortization of 12.3 M, Interest Expense of 4.1 M or Selling General Administrative of 51.2 M, as well as many indicators such as Price To Sales Ratio of 0.9, Dividend Yield of 0.0059 or PTB Ratio of 1.46. Preformed financial statements analysis is a perfect complement when working with Preformed Line Valuation or Volatility modules.
  
Check out the analysis of Preformed Line Correlation against competitors.

Latest Preformed Line's Receivables Turnover Growth Pattern

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

Preformed Receivables Turnover Regression Statistics

Arithmetic Mean5.81
Geometric Mean5.78
Coefficient Of Variation11.45
Mean Deviation0.55
Median5.71
Standard Deviation0.67
Sample Variance0.44
Range2.0862
R-Value(0.36)
Mean Square Error0.42
R-Squared0.13
Significance0.19
Slope(0.05)
Total Sum of Squares6.21

Preformed Receivables Turnover History

2024 6.71
2023 6.27
2022 5.09
2021 5.27
2020 5.03
2019 5.33
2018 5.75

About Preformed Line Financial Statements

Preformed Line stakeholders use historical fundamental indicators, such as Preformed Line's Receivables Turnover, to determine how well the company is positioned to perform in the future. Although Preformed Line investors may analyze each financial statement separately, they are all interrelated. For example, changes in Preformed Line's assets and liabilities are reflected in the revenues and expenses on Preformed Line'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 Preformed Line Products. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Receivables Turnover 6.27  6.71 

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When determining whether Preformed Line Products offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Preformed Line'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 Preformed Line Products Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Preformed Line Products Stock:
Check out the analysis of Preformed Line Correlation against competitors.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Electrical Components & Equipment 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 Preformed Line. If investors know Preformed 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 Preformed Line 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
(0.49)
Dividend Share
0.8
Earnings Share
6.66
Revenue Per Share
116.621
Quarterly Revenue Growth
(0.08)
The market value of Preformed Line Products is measured differently than its book value, which is the value of Preformed that is recorded on the company's balance sheet. Investors also form their own opinion of Preformed Line's value that differs from its market value or its book value, called intrinsic value, which is Preformed Line'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 Preformed Line's market value can be influenced by many factors that don't directly affect Preformed Line'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 Preformed Line's value and its price as these two are different measures arrived at by different means. Investors typically determine if Preformed Line is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Preformed Line'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.