SunCar Receivables Turnover from 2010 to 2024

SDA Stock   7.69  0.12  1.59%   
SunCar Technology's Receivables Turnover is decreasing over the years with stable fluctuation. Receivables Turnover is expected to dwindle to 3.46. From 2010 to 2024 SunCar Technology Receivables Turnover quarterly data regression line had arithmetic mean of  4.48 and r-squared of  0.04. View All Fundamentals
 
Receivables Turnover  
First Reported
2010-12-31
Previous Quarter
6.49048052
Current Value
3.46
Quarterly Volatility
0.81166808
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check SunCar Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SunCar Technology's main balance sheet or income statement drivers, such as Total Other Income Expense Net of 3.6 M, Tax Provision of 1.5 M or Interest Income of 12.8 K, as well as many indicators such as Price To Sales Ratio of 2.16, Dividend Yield of 0.0 or PTB Ratio of 46.03. SunCar financial statements analysis is a perfect complement when working with SunCar Technology Valuation or Volatility modules.
  
Check out the analysis of SunCar Technology Correlation against competitors.

Latest SunCar Technology's Receivables Turnover Growth Pattern

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

SunCar Receivables Turnover Regression Statistics

Arithmetic Mean4.48
Geometric Mean4.41
Coefficient Of Variation18.12
Mean Deviation0.50
Median4.64
Standard Deviation0.81
Sample Variance0.66
Range3.5801
R-Value(0.21)
Mean Square Error0.68
R-Squared0.04
Significance0.45
Slope(0.04)
Total Sum of Squares9.22

SunCar Receivables Turnover History

2024 3.46
2023 6.49
2022 3.3
2021 2.91

About SunCar Technology Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include SunCar Technology income statement, its balance sheet, and the statement of cash flows. SunCar Technology investors use historical funamental indicators, such as SunCar Technology's Receivables Turnover, to determine how well the company is positioned to perform in the future. Although SunCar Technology investors may use each financial statement separately, they are all related. The changes in SunCar Technology's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on SunCar Technology'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 SunCar Technology Financial Statements. Understanding these patterns can help to make the right decision on long term investment in SunCar Technology. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Receivables Turnover 6.49  3.46 

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Additional Information and Resources on Investing in SunCar Stock

When determining whether SunCar Technology is a strong investment it is important to analyze SunCar Technology's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SunCar Technology's future performance. For an informed investment choice regarding SunCar Stock, refer to the following important reports:
Check out the analysis of SunCar Technology Correlation against competitors.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Is Diversified Consumer 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 SunCar Technology. If investors know SunCar 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 SunCar Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.31)
Revenue Per Share
4.257
Quarterly Revenue Growth
0.296
Return On Assets
(0.05)
Return On Equity
(0.34)
The market value of SunCar Technology is measured differently than its book value, which is the value of SunCar that is recorded on the company's balance sheet. Investors also form their own opinion of SunCar Technology's value that differs from its market value or its book value, called intrinsic value, which is SunCar Technology'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 SunCar Technology's market value can be influenced by many factors that don't directly affect SunCar Technology'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 SunCar Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if SunCar Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SunCar Technology'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.