Tetra Receivables Turnover from 2010 to 2024

TTEK Stock  USD 191.87  0.13  0.07%   
Tetra Tech Receivables Turnover yearly trend continues to be quite stable with very little volatility. The value of Receivables Turnover is projected to decrease to 2.84. From the period between 2010 and 2024, Tetra Tech, Receivables Turnover regression line of its data series had standard deviation of  0.46 and standard deviation of  0.46. View All Fundamentals
 
Receivables Turnover  
First Reported
2010-12-31
Previous Quarter
3.52713102
Current Value
2.84
Quarterly Volatility
0.46017593
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Tetra Tech financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tetra main balance sheet or income statement drivers, such as Depreciation And Amortization of 73.9 M, Interest Expense of 56.2 M or Total Revenue of 5.5 B, as well as many exotic indicators such as Price To Sales Ratio of 0.91, Dividend Yield of 0.0061 or PTB Ratio of 3.92. Tetra financial statements analysis is a perfect complement when working with Tetra Tech Valuation or Volatility modules.
  
This module can also supplement Tetra Tech's financial leverage analysis and stock options assessment as well as various Tetra Tech Technical models . Check out the analysis of Tetra Tech Correlation against competitors.
For more information on how to buy Tetra Stock please use our How to buy in Tetra Stock guide.

Latest Tetra Tech's Receivables Turnover Growth Pattern

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

Tetra Receivables Turnover Regression Statistics

Arithmetic Mean3.64
Geometric Mean3.62
Coefficient Of Variation12.63
Mean Deviation0.39
Median3.43
Standard Deviation0.46
Sample Variance0.21
Range1.2969
R-Value0.38
Mean Square Error0.20
R-Squared0.14
Significance0.17
Slope0.04
Total Sum of Squares2.96

Tetra Receivables Turnover History

2024 2.84
2023 3.53
2017 4.14
2011 3.43
2010 2.88

About Tetra Tech Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Tetra Tech income statement, its balance sheet, and the statement of cash flows. Tetra Tech investors use historical funamental indicators, such as Tetra Tech's Receivables Turnover, to determine how well the company is positioned to perform in the future. Although Tetra Tech investors may use each financial statement separately, they are all related. The changes in Tetra Tech's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Tetra Tech'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 Tetra Tech Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Tetra Tech. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Receivables Turnover 3.53  2.84 

Currently Active Assets on Macroaxis

When determining whether Tetra Tech is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Tetra Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Tetra Tech Stock. Highlighted below are key reports to facilitate an investment decision about Tetra Tech Stock:
Check out the analysis of Tetra Tech Correlation against competitors.
For more information on how to buy Tetra Stock please use our How to buy in Tetra Stock guide.
Note that the Tetra Tech information on this page should be used as a complementary analysis to other Tetra Tech'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 Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

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When running Tetra Tech's price analysis, check to measure Tetra Tech'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 Tetra Tech is operating at the current time. Most of Tetra Tech's value examination focuses on studying past and present price action to predict the probability of Tetra Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tetra Tech's price. Additionally, you may evaluate how the addition of Tetra Tech to your portfolios can decrease your overall portfolio volatility.
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Is Tetra Tech'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 Tetra Tech. If investors know Tetra 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 Tetra Tech 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
(0.36)
Dividend Share
1.01
Earnings Share
4.32
Revenue Per Share
75.654
Quarterly Revenue Growth
0.378
The market value of Tetra Tech is measured differently than its book value, which is the value of Tetra that is recorded on the company's balance sheet. Investors also form their own opinion of Tetra Tech's value that differs from its market value or its book value, called intrinsic value, which is Tetra Tech'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 Tetra Tech's market value can be influenced by many factors that don't directly affect Tetra Tech'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 Tetra Tech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tetra Tech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tetra Tech'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.