GoHealth Receivables Turnover from 2010 to 2024

GOCO Stock  USD 10.41  0.50  5.05%   
GoHealth Receivables Turnover yearly trend continues to be very stable with very little volatility. Receivables Turnover is likely to drop to 0.77. During the period from 2010 to 2024, GoHealth Receivables Turnover quarterly data regression pattern had sample variance of  2.06 and median of  4.66. View All Fundamentals
 
Receivables Turnover  
First Reported
2010-12-31
Previous Quarter
0.80560712
Current Value
0.77
Quarterly Volatility
1.43626288
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check GoHealth financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among GoHealth main balance sheet or income statement drivers, such as Tax Provision of 63.6 K, Interest Income of 9.9 M or Depreciation And Amortization of 84 M, as well as many exotic indicators such as Price To Sales Ratio of 0.16, Dividend Yield of 0.0314 or PTB Ratio of 0.56. GoHealth financial statements analysis is a perfect complement when working with GoHealth Valuation or Volatility modules.
  
This module can also supplement various GoHealth Technical models . Check out the analysis of GoHealth Correlation against competitors.
To learn how to invest in GoHealth Stock, please use our How to Invest in GoHealth guide.

Latest GoHealth's Receivables Turnover Growth Pattern

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

GoHealth Receivables Turnover Regression Statistics

Arithmetic Mean3.83
Geometric Mean3.35
Coefficient Of Variation37.53
Mean Deviation1.09
Median4.66
Standard Deviation1.44
Sample Variance2.06
Range3.8902
R-Value(0.79)
Mean Square Error0.84
R-Squared0.62
Significance0.0005
Slope(0.25)
Total Sum of Squares28.88

GoHealth Receivables Turnover History

2024 0.77
2023 0.81
2022 1.86
2021 3.72
2020 4.02
2019 4.3

About GoHealth Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include GoHealth income statement, its balance sheet, and the statement of cash flows. GoHealth investors use historical funamental indicators, such as GoHealth's Receivables Turnover, to determine how well the company is positioned to perform in the future. Although GoHealth investors may use each financial statement separately, they are all related. The changes in GoHealth's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on GoHealth'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 GoHealth Financial Statements. Understanding these patterns can help to make the right decision on long term investment in GoHealth. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Receivables Turnover 0.81  0.77 
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 GoHealth 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, GoHealth's short interest history, or implied volatility extrapolated from GoHealth options trading.

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When determining whether GoHealth offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of GoHealth'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 Gohealth Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gohealth Stock:
Check out the analysis of GoHealth Correlation against competitors.
To learn how to invest in GoHealth Stock, please use our How to Invest in GoHealth guide.
Note that the GoHealth information on this page should be used as a complementary analysis to other GoHealth's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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When running GoHealth's price analysis, check to measure GoHealth'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 GoHealth is operating at the current time. Most of GoHealth's value examination focuses on studying past and present price action to predict the probability of GoHealth's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GoHealth's price. Additionally, you may evaluate how the addition of GoHealth to your portfolios can decrease your overall portfolio volatility.
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Is GoHealth'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 GoHealth. If investors know GoHealth 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 GoHealth 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
4.241
Earnings Share
(7.19)
Revenue Per Share
79.065
Quarterly Revenue Growth
2.988
Return On Assets
(0.03)
The market value of GoHealth is measured differently than its book value, which is the value of GoHealth that is recorded on the company's balance sheet. Investors also form their own opinion of GoHealth's value that differs from its market value or its book value, called intrinsic value, which is GoHealth'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 GoHealth's market value can be influenced by many factors that don't directly affect GoHealth'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 GoHealth's value and its price as these two are different measures arrived at by different means. Investors typically determine if GoHealth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GoHealth'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.