Safe Receivables Turnover from 2010 to 2024

SB Stock  USD 3.94  0.02  0.51%   
Safe Bulkers' Receivables Turnover is increasing over the years with stable fluctuation. Overall, Receivables Turnover is expected to go to 54.05 this year. From 2010 to 2024 Safe Bulkers Receivables Turnover quarterly data regression line had arithmetic mean of  27.64 and r-squared of  0.06. View All Fundamentals
 
Receivables Turnover  
First Reported
2010-12-31
Previous Quarter
30.65657001
Current Value
54.05
Quarterly Volatility
18.60625167
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Safe Bulkers financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Safe Bulkers' main balance sheet or income statement drivers, such as Depreciation And Amortization of 40.1 M, Interest Expense of 16.4 M or Selling General Administrative of 16.2 M, as well as many indicators such as Price To Sales Ratio of 2.78, Dividend Yield of 0.0653 or PTB Ratio of 0.54. Safe financial statements analysis is a perfect complement when working with Safe Bulkers Valuation or Volatility modules.
  
Check out the analysis of Safe Bulkers Correlation against competitors.
For information on how to trade Safe Stock refer to our How to Trade Safe Stock guide.

Latest Safe Bulkers' Receivables Turnover Growth Pattern

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

Safe Receivables Turnover Regression Statistics

Arithmetic Mean27.64
Geometric Mean21.25
Coefficient Of Variation67.33
Mean Deviation15.33
Median30.30
Standard Deviation18.61
Sample Variance346.19
Range61.0564
R-Value0.24
Mean Square Error352.22
R-Squared0.06
Significance0.40
Slope0.98
Total Sum of Squares4,847

Safe Receivables Turnover History

2024 54.05
2023 30.66
2022 48.85
2021 37.62
2020 36.1
2019 12.3
2018 15.81

About Safe Bulkers Financial Statements

Safe Bulkers stakeholders use historical fundamental indicators, such as Safe Bulkers' Receivables Turnover, to determine how well the company is positioned to perform in the future. Although Safe Bulkers investors may analyze each financial statement separately, they are all interrelated. For example, changes in Safe Bulkers' assets and liabilities are reflected in the revenues and expenses on Safe Bulkers' 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 Safe Bulkers. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Receivables Turnover 30.66  54.05 

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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.
Check out the analysis of Safe Bulkers Correlation against competitors.
For information on how to trade Safe Stock refer to our How to Trade Safe Stock guide.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Marine Transportation 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 Safe Bulkers. If investors know Safe 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 Safe Bulkers 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
0.853
Dividend Share
0.05
Earnings Share
0.9
Revenue Per Share
2.924
Quarterly Revenue Growth
0.174
The market value of Safe Bulkers is measured differently than its book value, which is the value of Safe that is recorded on the company's balance sheet. Investors also form their own opinion of Safe Bulkers' value that differs from its market value or its book value, called intrinsic value, which is Safe Bulkers' 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 Safe Bulkers' market value can be influenced by many factors that don't directly affect Safe Bulkers' 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 Safe Bulkers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Safe Bulkers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Safe Bulkers' 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.