Prospect Receivables Turnover from 2010 to 2024

PSEC Stock  USD 5.61  0.01  0.18%   
Prospect Capital's Receivables Turnover is increasing over the years with slightly volatile fluctuation. Overall, Receivables Turnover is expected to go to 33.05 this year. During the period from 2010 to 2024 Prospect Capital Receivables Turnover annual values regression line had geometric mean of  16.38 and mean square error of  124.31. View All Fundamentals
 
Receivables Turnover  
First Reported
2010-12-31
Previous Quarter
31.47
Current Value
33.05
Quarterly Volatility
13.21205671
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Prospect Capital financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Prospect Capital's main balance sheet or income statement drivers, such as Interest Expense of 96.2 M, Selling General Administrative of 49 M or Total Revenue of 1 B, as well as many indicators such as Price To Sales Ratio of 2.48, Dividend Yield of 0.08 or PTB Ratio of 0.86. Prospect financial statements analysis is a perfect complement when working with Prospect Capital Valuation or Volatility modules.
  
Check out the analysis of Prospect Capital Correlation against competitors.
For information on how to trade Prospect Stock refer to our How to Trade Prospect Stock guide.

Latest Prospect Capital's Receivables Turnover Growth Pattern

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

Prospect Receivables Turnover Regression Statistics

Arithmetic Mean21.31
Geometric Mean16.38
Coefficient Of Variation62.01
Mean Deviation11.30
Median16.43
Standard Deviation13.21
Sample Variance174.56
Range44.0619
R-Value0.58
Mean Square Error124.31
R-Squared0.34
Significance0.02
Slope1.72
Total Sum of Squares2,444

Prospect Receivables Turnover History

2024 33.05
2023 31.47
2022 34.97
2021 45.54
2020 39.9
2019 1.47
2018 6.26

About Prospect Capital Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Prospect Capital income statement, its balance sheet, and the statement of cash flows. Prospect Capital investors use historical funamental indicators, such as Prospect Capital's Receivables Turnover, to determine how well the company is positioned to perform in the future. Although Prospect Capital investors may use each financial statement separately, they are all related. The changes in Prospect Capital's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Prospect Capital'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 Prospect Capital Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Prospect Capital. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Receivables Turnover 31.47  33.05 

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Additional Information and Resources on Investing in Prospect Stock

When determining whether Prospect Capital offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Prospect Capital'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 Prospect Capital Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Prospect Capital Stock:
Check out the analysis of Prospect Capital Correlation against competitors.
For information on how to trade Prospect Stock refer to our How to Trade Prospect Stock guide.
You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Is Asset Management & Custody Banks space 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 Prospect Capital. If investors know Prospect 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 Prospect Capital 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
(0.78)
Dividend Share
0.72
Earnings Share
0.3
Revenue Per Share
2.124
Quarterly Revenue Growth
(0.06)
The market value of Prospect Capital is measured differently than its book value, which is the value of Prospect that is recorded on the company's balance sheet. Investors also form their own opinion of Prospect Capital's value that differs from its market value or its book value, called intrinsic value, which is Prospect Capital'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 Prospect Capital's market value can be influenced by many factors that don't directly affect Prospect Capital'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 Prospect Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Prospect Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Prospect Capital'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.