MRC Receivables Turnover from 2010 to 2024

MRC Stock  USD 11.70  0.06  0.52%   
MRC Global's Receivables Turnover is increasing over the years with stable fluctuation. Receivables Turnover is expected to dwindle to 5.67. During the period from 2010 to 2024 MRC Global Receivables Turnover annual values regression line had geometric mean of  7.02 and mean square error of  0.70. View All Fundamentals
 
Receivables Turnover  
First Reported
2010-12-31
Previous Quarter
7.93488372
Current Value
5.67
Quarterly Volatility
0.81651176
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check MRC Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MRC main balance sheet or income statement drivers, such as Interest Expense of 43.6 M, Selling General Administrative of 540.2 M or Total Revenue of 3 B, as well as many exotic indicators such as Price To Sales Ratio of 0.41, Dividend Yield of 0.0158 or PTB Ratio of 1.74. MRC financial statements analysis is a perfect complement when working with MRC Global Valuation or Volatility modules.
  
This module can also supplement MRC Global's financial leverage analysis and stock options assessment as well as various MRC Global Technical models . Check out the analysis of MRC Global Correlation against competitors.
For information on how to trade MRC Stock refer to our How to Trade MRC Stock guide.

Latest MRC Global's Receivables Turnover Growth Pattern

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

MRC Receivables Turnover Regression Statistics

Arithmetic Mean7.06
Geometric Mean7.02
Coefficient Of Variation11.56
Mean Deviation0.64
Median6.98
Standard Deviation0.82
Sample Variance0.67
Range2.8327
R-Value0.16
Mean Square Error0.70
R-Squared0.03
Significance0.56
Slope0.03
Total Sum of Squares9.33

MRC Receivables Turnover History

2024 5.67
2023 7.93
2022 6.71
2021 7.03
2020 8.03
2019 7.98
2018 7.11

About MRC Global Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include MRC Global income statement, its balance sheet, and the statement of cash flows. MRC Global investors use historical funamental indicators, such as MRC Global's Receivables Turnover, to determine how well the company is positioned to perform in the future. Although MRC Global investors may use each financial statement separately, they are all related. The changes in MRC Global's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on MRC Global'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 MRC Global Financial Statements. Understanding these patterns can help to make the right decision on long term investment in MRC Global. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Receivables Turnover 7.93  5.67 
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 MRC Global 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, MRC Global's short interest history, or implied volatility extrapolated from MRC Global options trading.

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When determining whether MRC Global offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MRC Global'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 Mrc Global Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mrc Global Stock:
Check out the analysis of MRC Global Correlation against competitors.
For information on how to trade MRC Stock refer to our How to Trade MRC Stock guide.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

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When running MRC Global's price analysis, check to measure MRC Global'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 MRC Global is operating at the current time. Most of MRC Global's value examination focuses on studying past and present price action to predict the probability of MRC Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MRC Global's price. Additionally, you may evaluate how the addition of MRC Global to your portfolios can decrease your overall portfolio volatility.
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Is MRC Global'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 MRC Global. If investors know MRC 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 MRC Global 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
(0.05)
Earnings Share
1.05
Revenue Per Share
40.523
Quarterly Revenue Growth
(0.12)
Return On Assets
0.0618
The market value of MRC Global is measured differently than its book value, which is the value of MRC that is recorded on the company's balance sheet. Investors also form their own opinion of MRC Global's value that differs from its market value or its book value, called intrinsic value, which is MRC Global'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 MRC Global's market value can be influenced by many factors that don't directly affect MRC Global'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 MRC Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if MRC Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MRC Global'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.