Richardson Fixed Asset Turnover from 2010 to 2024

RELL Stock  USD 14.29  0.17  1.20%   
Richardson Electronics Fixed Asset Turnover yearly trend continues to be quite stable with very little volatility. Fixed Asset Turnover may rise above 19.10 this year. From the period between 2010 and 2024, Richardson Electronics, Fixed Asset Turnover regression line of its data series had standard deviation of  8.07 and standard deviation of  8.07. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
8.38104176
Current Value
19.10009691
Quarterly Volatility
8.06819841
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Richardson Electronics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Richardson Electronics' main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.1 M, Interest Expense of 40.2 K or Total Revenue of 297.8 M, as well as many indicators such as Price To Sales Ratio of 1.05, Dividend Yield of 0.0232 or PTB Ratio of 0.82. Richardson financial statements analysis is a perfect complement when working with Richardson Electronics Valuation or Volatility modules.
  
Check out the analysis of Richardson Electronics Correlation against competitors.
For more information on how to buy Richardson Stock please use our How to buy in Richardson Stock guide.

Latest Richardson Electronics' Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of Richardson Electronics over the last few years. It is Richardson Electronics' Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Richardson Electronics' overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Slightly volatile
   Fixed Asset Turnover   
       Timeline  

Richardson Fixed Asset Turnover Regression Statistics

Arithmetic Mean13.12
Geometric Mean11.43
Coefficient Of Variation61.51
Mean Deviation6.67
Median8.72
Standard Deviation8.07
Sample Variance65.10
Range19.4262
R-Value(0.55)
Mean Square Error48.92
R-Squared0.30
Significance0.03
Slope(0.99)
Total Sum of Squares911.34

Richardson Fixed Asset Turnover History

2024 19.1
2019 8.38
2013 8.72

About Richardson Electronics Financial Statements

Richardson Electronics investors utilize fundamental indicators, such as Fixed Asset Turnover, to predict how Richardson 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
Fixed Asset Turnover 8.38  19.10 

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When determining whether Richardson Electronics is a strong investment it is important to analyze Richardson Electronics' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Richardson Electronics' future performance. For an informed investment choice regarding Richardson Stock, refer to the following important reports:
Check out the analysis of Richardson Electronics Correlation against competitors.
For more information on how to buy Richardson Stock please use our How to buy in Richardson Stock guide.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Is Electronic Equipment, Instruments & Components 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 Richardson Electronics. If investors know Richardson 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 Richardson Electronics 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
(0.52)
Dividend Share
0.24
Earnings Share
(0.05)
Revenue Per Share
13.846
Quarterly Revenue Growth
0.022
The market value of Richardson Electronics is measured differently than its book value, which is the value of Richardson that is recorded on the company's balance sheet. Investors also form their own opinion of Richardson Electronics' value that differs from its market value or its book value, called intrinsic value, which is Richardson Electronics' 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 Richardson Electronics' market value can be influenced by many factors that don't directly affect Richardson Electronics' 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 Richardson Electronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Richardson Electronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Richardson Electronics' 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.