Trex Receivables Turnover from 2010 to 2024

TREX Stock  USD 75.03  0.60  0.81%   
Trex Receivables Turnover yearly trend continues to be fairly stable with very little volatility. Receivables Turnover is likely to outpace its year average in 2024. During the period from 2010 to 2024, Trex Receivables Turnover regression line of annual values had r-squared of  0.0002 and arithmetic mean of  12.62. View All Fundamentals
 
Receivables Turnover  
First Reported
2010-12-31
Previous Quarter
21.57441819
Current Value
25.61
Quarterly Volatility
8.00141452
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Trex financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Trex's main balance sheet or income statement drivers, such as Depreciation And Amortization of 52.7 M, Interest Expense of 4.8 K or Selling General Administrative of 67 M, as well as many indicators such as Price To Sales Ratio of 8.63, Dividend Yield of 0.0459 or PTB Ratio of 6.33. Trex financial statements analysis is a perfect complement when working with Trex Valuation or Volatility modules.
  
Check out the analysis of Trex Correlation against competitors.

Latest Trex's Receivables Turnover Growth Pattern

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

Trex Receivables Turnover Regression Statistics

Arithmetic Mean12.62
Geometric Mean11.05
Coefficient Of Variation63.40
Mean Deviation5.79
Median9.30
Standard Deviation8.00
Sample Variance64.02
Range27.3976
R-Value(0.02)
Mean Square Error68.93
R-Squared0.0002
Significance0.96
Slope(0.03)
Total Sum of Squares896.32

Trex Receivables Turnover History

2024 25.61
2023 21.57
2022 11.28
2021 7.45
2020 7.14
2019 8.32
2018 6.7

About Trex Financial Statements

Trex investors use historical fundamental indicators, such as Trex'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 Trex. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Receivables Turnover 21.57  25.61 

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Additional Tools for Trex Stock Analysis

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