GIII Receivables Turnover from 2010 to 2024

GIII Stock  USD 28.95  1.11  3.99%   
G III's Receivables Turnover is decreasing with slightly volatile movements from year to year. Receivables Turnover is estimated to finish at 7.08 this year. For the period between 2010 and 2024, G III, Receivables Turnover quarterly trend regression had mean deviation of  1.93 and range of 6.5671. View All Fundamentals
 
Receivables Turnover  
First Reported
2010-12-31
Previous Quarter
5.50932761
Current Value
7.08338616
Quarterly Volatility
2.29017404
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check G III financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among GIII main balance sheet or income statement drivers, such as Depreciation And Amortization of 28.9 M, Interest Expense of 41.6 M or Total Revenue of 3.3 B, as well as many exotic indicators such as Price To Sales Ratio of 0.32, Dividend Yield of 0.042 or PTB Ratio of 1.27. GIII financial statements analysis is a perfect complement when working with G III Valuation or Volatility modules.
  
This module can also supplement G III's financial leverage analysis and stock options assessment as well as various G III Technical models . Check out the analysis of G III Correlation against competitors.

Latest G III's Receivables Turnover Growth Pattern

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

GIII Receivables Turnover Regression Statistics

Arithmetic Mean7.52
Geometric Mean7.18
Coefficient Of Variation30.44
Mean Deviation1.93
Median7.58
Standard Deviation2.29
Sample Variance5.24
Range6.5671
R-Value(0.66)
Mean Square Error3.16
R-Squared0.44
Significance0.01
Slope(0.34)
Total Sum of Squares73.43

GIII Receivables Turnover History

2024 7.08
2023 5.51
2022 4.78
2021 4.57
2020 4.17
2019 5.96
2018 6.13

About G III Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include G III income statement, its balance sheet, and the statement of cash flows. G III investors use historical funamental indicators, such as G III's Receivables Turnover, to determine how well the company is positioned to perform in the future. Although G III investors may use each financial statement separately, they are all related. The changes in G III's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on G III'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 G III Financial Statements. Understanding these patterns can help to make the right decision on long term investment in G III. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Receivables Turnover 5.51  7.08 

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When determining whether G III Apparel offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of G III'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 G Iii Apparel Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on G Iii Apparel Group Stock:
Check out the analysis of G III Correlation against competitors.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

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When running G III's price analysis, check to measure G III'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 G III is operating at the current time. Most of G III's value examination focuses on studying past and present price action to predict the probability of G III's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move G III's price. Additionally, you may evaluate how the addition of G III to your portfolios can decrease your overall portfolio volatility.
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Is G III's 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 G III. If investors know GIII 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 G III 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
1.175
Earnings Share
3.75
Revenue Per Share
67.56
Quarterly Revenue Growth
(0.10)
Return On Assets
0.0672
The market value of G III Apparel is measured differently than its book value, which is the value of GIII that is recorded on the company's balance sheet. Investors also form their own opinion of G III's value that differs from its market value or its book value, called intrinsic value, which is G III'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 G III's market value can be influenced by many factors that don't directly affect G III'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 G III's value and its price as these two are different measures arrived at by different means. Investors typically determine if G III is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, G III'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.