Jerash Receivables Turnover from 2010 to 2024

JRSH Stock  USD 3.10  0.06  1.97%   
Jerash Holdings' Receivables Turnover is decreasing with slightly volatile movements from year to year. Receivables Turnover is predicted to flatten to 64.33. For the period between 2010 and 2024, Jerash Holdings, Receivables Turnover quarterly trend regression had mean deviation of  745.32 and range of 1.7 K. View All Fundamentals
 
Receivables Turnover  
First Reported
2010-12-31
Previous Quarter
67.71
Current Value
64.33
Quarterly Volatility
818.51513458
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Jerash Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Jerash main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.7 M, Interest Expense of 927.5 K or Selling General Administrative of 10.4 M, as well as many exotic indicators such as Price To Sales Ratio of 0.47, Dividend Yield of 0.0437 or PTB Ratio of 0.95. Jerash financial statements analysis is a perfect complement when working with Jerash Holdings Valuation or Volatility modules.
  
This module can also supplement various Jerash Holdings Technical models . Check out the analysis of Jerash Holdings Correlation against competitors.
For more detail on how to invest in Jerash Stock please use our How to Invest in Jerash Holdings guide.

Latest Jerash Holdings' Receivables Turnover Growth Pattern

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

Jerash Receivables Turnover Regression Statistics

Arithmetic Mean587.24
Geometric Mean88.70
Coefficient Of Variation139.38
Mean Deviation745.32
Median58.88
Standard Deviation818.52
Sample Variance669,967
Range1.7K
R-Value(0.81)
Mean Square Error251,050
R-Squared0.65
Significance0.0003
Slope(147.79)
Total Sum of Squares9.4M

Jerash Receivables Turnover History

2024 64.33
2023 67.71
2022 58.88
2021 12.55
2020 7.27
2019 17.43
2018 21.14

About Jerash Holdings Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Jerash Holdings income statement, its balance sheet, and the statement of cash flows. Jerash Holdings investors use historical funamental indicators, such as Jerash Holdings's Receivables Turnover, to determine how well the company is positioned to perform in the future. Although Jerash Holdings investors may use each financial statement separately, they are all related. The changes in Jerash Holdings's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Jerash Holdings'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 Jerash Holdings Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Jerash Holdings. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Receivables Turnover 67.71  64.33 

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When determining whether Jerash Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Jerash Holdings' 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 Jerash Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Jerash Holdings Stock:
Check out the analysis of Jerash Holdings Correlation against competitors.
For more detail on how to invest in Jerash Stock please use our How to Invest in Jerash Holdings guide.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

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When running Jerash Holdings' price analysis, check to measure Jerash Holdings' 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 Jerash Holdings is operating at the current time. Most of Jerash Holdings' value examination focuses on studying past and present price action to predict the probability of Jerash Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jerash Holdings' price. Additionally, you may evaluate how the addition of Jerash Holdings to your portfolios can decrease your overall portfolio volatility.
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Is Jerash Holdings' 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 Jerash Holdings. If investors know Jerash 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 Jerash Holdings 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
(0.74)
Dividend Share
0.2
Earnings Share
(0.07)
Revenue Per Share
9.516
Quarterly Revenue Growth
(0.36)
The market value of Jerash Holdings is measured differently than its book value, which is the value of Jerash that is recorded on the company's balance sheet. Investors also form their own opinion of Jerash Holdings' value that differs from its market value or its book value, called intrinsic value, which is Jerash Holdings' 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 Jerash Holdings' market value can be influenced by many factors that don't directly affect Jerash Holdings' 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 Jerash Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Jerash Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jerash Holdings' 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.