Voya Receivables Turnover from 2010 to 2024

VOYA Stock  USD 83.00  0.07  0.08%   
Voya Financial's Receivables Turnover is decreasing over the years with slightly volatile fluctuation. Receivables Turnover is expected to dwindle to 1.00. From 2010 to 2024 Voya Financial Receivables Turnover quarterly data regression line had arithmetic mean of  1.26 and r-squared of  0.13. View All Fundamentals
 
Receivables Turnover  
First Reported
2010-12-31
Previous Quarter
1.17
Current Value
1
Quarterly Volatility
0.08454686
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Voya Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Voya Financial's main balance sheet or income statement drivers, such as Depreciation And Amortization of 275.1 M, Interest Expense of 229.2 M or Total Revenue of 6.8 B, as well as many indicators such as Price To Sales Ratio of 0.76, Dividend Yield of 0.0203 or PTB Ratio of 2.11. Voya financial statements analysis is a perfect complement when working with Voya Financial Valuation or Volatility modules.
  
Check out the analysis of Voya Financial Correlation against competitors.
For information on how to trade Voya Stock refer to our How to Trade Voya Stock guide.

Latest Voya Financial's Receivables Turnover Growth Pattern

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

Voya Receivables Turnover Regression Statistics

Arithmetic Mean1.26
Geometric Mean1.26
Coefficient Of Variation6.69
Mean Deviation0.06
Median1.30
Standard Deviation0.08
Sample Variance0.01
Range0.303
R-Value(0.35)
Mean Square Error0.01
R-Squared0.13
Significance0.20
Slope(0.01)
Total Sum of Squares0.10

Voya Receivables Turnover History

2024 1.0
2023 1.17
2012 1.3
2011 1.25
2010 1.2

About Voya Financial Financial Statements

Voya Financial stakeholders use historical fundamental indicators, such as Voya Financial's Receivables Turnover, to determine how well the company is positioned to perform in the future. Although Voya Financial investors may analyze each financial statement separately, they are all interrelated. For example, changes in Voya Financial's assets and liabilities are reflected in the revenues and expenses on Voya Financial'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 Voya Financial. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Receivables Turnover 1.17  1.00 

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When determining whether Voya Financial offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Voya Financial'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 Voya Financial Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Voya Financial Stock:
Check out the analysis of Voya Financial Correlation against competitors.
For information on how to trade Voya Stock refer to our How to Trade Voya Stock guide.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Is Diversified Financial Services 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 Voya Financial. If investors know Voya 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 Voya Financial 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
(0.57)
Dividend Share
1.65
Earnings Share
6.31
Revenue Per Share
77.658
Quarterly Revenue Growth
0.073
The market value of Voya Financial is measured differently than its book value, which is the value of Voya that is recorded on the company's balance sheet. Investors also form their own opinion of Voya Financial's value that differs from its market value or its book value, called intrinsic value, which is Voya Financial'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 Voya Financial's market value can be influenced by many factors that don't directly affect Voya Financial'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 Voya Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Voya Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Voya Financial'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.