Smith Receivables Turnover from 2010 to 2024

SMSI Stock  USD 2.18  0.10  4.81%   
Smith Micro's Receivables Turnover is decreasing with very volatile movements from year to year. Receivables Turnover is predicted to flatten to 3.82. For the period between 2010 and 2024, Smith Micro, Receivables Turnover quarterly trend regression had mean deviation of  0.61 and range of 2.3429. View All Fundamentals
 
Receivables Turnover  
First Reported
2010-12-31
Previous Quarter
5.16456016
Current Value
3.82
Quarterly Volatility
0.74312901
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Smith Micro financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Smith main balance sheet or income statement drivers, such as Depreciation And Amortization of 7.8 M, Interest Expense of 6.7 M or Total Revenue of 42.5 M, as well as many exotic indicators such as Price To Sales Ratio of 9.98, Dividend Yield of 1.0E-4 or PTB Ratio of 5.41. Smith financial statements analysis is a perfect complement when working with Smith Micro Valuation or Volatility modules.
  
This module can also supplement Smith Micro's financial leverage analysis and stock options assessment as well as various Smith Micro Technical models . Check out the analysis of Smith Micro Correlation against competitors.

Latest Smith Micro's Receivables Turnover Growth Pattern

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

Smith Receivables Turnover Regression Statistics

Arithmetic Mean4.60
Geometric Mean4.54
Coefficient Of Variation16.16
Mean Deviation0.61
Median4.50
Standard Deviation0.74
Sample Variance0.55
Range2.3429
R-Value(0.11)
Mean Square Error0.59
R-Squared0.01
Significance0.70
Slope(0.02)
Total Sum of Squares7.73

Smith Receivables Turnover History

2024 3.82
2023 5.16
2022 4.62
2021 5.52
2020 4.15
2019 3.98
2018 3.69

About Smith Micro Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Smith Micro income statement, its balance sheet, and the statement of cash flows. Smith Micro investors use historical funamental indicators, such as Smith Micro's Receivables Turnover, to determine how well the company is positioned to perform in the future. Although Smith Micro investors may use each financial statement separately, they are all related. The changes in Smith Micro's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Smith Micro'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 Smith Micro Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Smith Micro. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Receivables Turnover 5.16  3.82 
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 Smith Micro 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, Smith Micro's short interest history, or implied volatility extrapolated from Smith Micro options trading.

Currently Active Assets on Macroaxis

When determining whether Smith Micro Software offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Smith Micro'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 Smith Micro Software Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Smith Micro Software Stock:
Check out the analysis of Smith Micro Correlation against competitors.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

Complementary Tools for Smith Stock analysis

When running Smith Micro's price analysis, check to measure Smith Micro'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 Smith Micro is operating at the current time. Most of Smith Micro's value examination focuses on studying past and present price action to predict the probability of Smith Micro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Smith Micro's price. Additionally, you may evaluate how the addition of Smith Micro to your portfolios can decrease your overall portfolio volatility.
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Is Smith Micro'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 Smith Micro. If investors know Smith 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 Smith Micro 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
(0.84)
Earnings Share
(3.04)
Revenue Per Share
5.036
Quarterly Revenue Growth
(0.25)
Return On Assets
(0.12)
The market value of Smith Micro Software is measured differently than its book value, which is the value of Smith that is recorded on the company's balance sheet. Investors also form their own opinion of Smith Micro's value that differs from its market value or its book value, called intrinsic value, which is Smith Micro'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 Smith Micro's market value can be influenced by many factors that don't directly affect Smith Micro'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 Smith Micro's value and its price as these two are different measures arrived at by different means. Investors typically determine if Smith Micro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Smith Micro'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.