Stereotaxis Receivables Turnover from 2010 to 2024

STXS Stock  USD 2.38  0.18  7.03%   
Stereotaxis Receivables Turnover yearly trend continues to be comparatively stable with very little volatility. Receivables Turnover will likely drop to 3.81 in 2024. From the period from 2010 to 2024, Stereotaxis Receivables Turnover quarterly data regression had r-value of  0.54 and coefficient of variation of  35.62. View All Fundamentals
 
Receivables Turnover  
First Reported
2010-12-31
Previous Quarter
7.00444793
Current Value
3.81
Quarterly Volatility
1.89961866
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Stereotaxis financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Stereotaxis main balance sheet or income statement drivers, such as Interest Expense of 528.8 K, Selling General Administrative of 13.3 M or Selling And Marketing Expenses of 11.8 M, as well as many exotic indicators such as Price To Sales Ratio of 5.01, Dividend Yield of 0.0 or PTB Ratio of 7.32. Stereotaxis financial statements analysis is a perfect complement when working with Stereotaxis Valuation or Volatility modules.
  
This module can also supplement Stereotaxis' financial leverage analysis and stock options assessment as well as various Stereotaxis Technical models . Check out the analysis of Stereotaxis Correlation against competitors.
For more information on how to buy Stereotaxis Stock please use our How to Invest in Stereotaxis guide.

Latest Stereotaxis' Receivables Turnover Growth Pattern

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

Stereotaxis Receivables Turnover Regression Statistics

Arithmetic Mean5.33
Geometric Mean4.03
Coefficient Of Variation35.62
Mean Deviation1.33
Median5.53
Standard Deviation1.90
Sample Variance3.61
Range7.5325
R-Value0.54
Mean Square Error2.77
R-Squared0.29
Significance0.04
Slope0.23
Total Sum of Squares50.52

Stereotaxis Receivables Turnover History

2024 3.81
2023 7.0
2022 5.53
2021 6.48
2020 7.58
2019 5.42
2018 5.84

About Stereotaxis Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Stereotaxis income statement, its balance sheet, and the statement of cash flows. Stereotaxis investors use historical funamental indicators, such as Stereotaxis's Receivables Turnover, to determine how well the company is positioned to perform in the future. Although Stereotaxis investors may use each financial statement separately, they are all related. The changes in Stereotaxis's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Stereotaxis'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 Stereotaxis Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Stereotaxis. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Receivables Turnover 7.00  3.81 
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 Stereotaxis 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, Stereotaxis' short interest history, or implied volatility extrapolated from Stereotaxis options trading.

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When determining whether Stereotaxis is a strong investment it is important to analyze Stereotaxis' 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 Stereotaxis' future performance. For an informed investment choice regarding Stereotaxis Stock, refer to the following important reports:
Check out the analysis of Stereotaxis Correlation against competitors.
For more information on how to buy Stereotaxis Stock please use our How to Invest in Stereotaxis guide.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

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Is Stereotaxis' 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 Stereotaxis. If investors know Stereotaxis 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 Stereotaxis listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.27)
Revenue Per Share
0.332
Quarterly Revenue Growth
(0.38)
Return On Assets
(0.29)
Return On Equity
(0.77)
The market value of Stereotaxis is measured differently than its book value, which is the value of Stereotaxis that is recorded on the company's balance sheet. Investors also form their own opinion of Stereotaxis' value that differs from its market value or its book value, called intrinsic value, which is Stereotaxis' 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 Stereotaxis' market value can be influenced by many factors that don't directly affect Stereotaxis' 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 Stereotaxis' value and its price as these two are different measures arrived at by different means. Investors typically determine if Stereotaxis is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Stereotaxis' 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.