SP Plus Receivables Turnover from 2010 to 2024

SP Stock  USD 50.78  0.57  1.14%   
SP Plus Receivables Turnover yearly trend continues to be relatively stable with very little volatility. Receivables Turnover is likely to grow to 13.24 this year. During the period from 2010 to 2024, SP Plus Receivables Turnover destribution of quarterly values had range of 9.7365 from its regression line and mean deviation of  2.44. View All Fundamentals
 
Receivables Turnover  
First Reported
2010-12-31
Previous Quarter
9.87423823
Current Value
13.24
Quarterly Volatility
2.82145782
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check SP Plus financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SP Plus main balance sheet or income statement drivers, such as Depreciation And Amortization of 18.6 M, Interest Expense of 30.2 M or Total Revenue of 1 B, as well as many exotic indicators such as Price To Sales Ratio of 0.34, Dividend Yield of 8.0E-4 or PTB Ratio of 3.82. SP Plus financial statements analysis is a perfect complement when working with SP Plus Valuation or Volatility modules.
  
This module can also supplement SP Plus' financial leverage analysis and stock options assessment as well as various SP Plus Technical models . Check out the analysis of SP Plus Correlation against competitors.

Latest SP Plus' Receivables Turnover Growth Pattern

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

SP Plus Receivables Turnover Regression Statistics

Arithmetic Mean11.29
Geometric Mean10.94
Coefficient Of Variation25.00
Mean Deviation2.44
Median10.25
Standard Deviation2.82
Sample Variance7.96
Range9.7365
R-Value(0.14)
Mean Square Error8.41
R-Squared0.02
Significance0.62
Slope(0.09)
Total Sum of Squares111.45

SP Plus Receivables Turnover History

2024 13.24
2023 9.87
2022 9.26
2021 8.43
2020 9.77
2019 10.25
2018 9.74

About SP Plus Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include SP Plus income statement, its balance sheet, and the statement of cash flows. SP Plus investors use historical funamental indicators, such as SP Plus's Receivables Turnover, to determine how well the company is positioned to perform in the future. Although SP Plus investors may use each financial statement separately, they are all related. The changes in SP Plus's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on SP Plus's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on SP Plus Financial Statements. Understanding these patterns can help to make the right decision on long term investment in SP Plus. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Receivables Turnover 9.87  13.24 
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards SP Plus in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, SP Plus' short interest history, or implied volatility extrapolated from SP Plus options trading.

Currently Active Assets on Macroaxis

When determining whether SP Plus Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if SP Plus Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Sp Plus Corp Stock. Highlighted below are key reports to facilitate an investment decision about Sp Plus Corp Stock:
Check out the analysis of SP Plus Correlation against competitors.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

Complementary Tools for SP Plus Stock analysis

When running SP Plus' price analysis, check to measure SP Plus' 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 SP Plus is operating at the current time. Most of SP Plus' value examination focuses on studying past and present price action to predict the probability of SP Plus' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SP Plus' price. Additionally, you may evaluate how the addition of SP Plus to your portfolios can decrease your overall portfolio volatility.
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Is SP Plus' industry 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 SP Plus. If investors know SP Plus 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 SP Plus 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
(0.74)
Earnings Share
1.57
Revenue Per Share
44.899
Quarterly Revenue Growth
0.052
Return On Assets
0.0505
The market value of SP Plus Corp is measured differently than its book value, which is the value of SP Plus that is recorded on the company's balance sheet. Investors also form their own opinion of SP Plus' value that differs from its market value or its book value, called intrinsic value, which is SP Plus' 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 SP Plus' market value can be influenced by many factors that don't directly affect SP Plus' 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 SP Plus' value and its price as these two are different measures arrived at by different means. Investors typically determine if SP Plus is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SP Plus' 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.