YY Receivables Turnover from 2010 to 2024

YY Stock  USD 33.77  0.05  0.15%   
YY Receivables Turnover yearly trend continues to be fairly stable with very little volatility. Receivables Turnover will likely drop to 7.38 in 2024. During the period from 2010 to 2024, YY Receivables Turnover regression line of annual values had r-squared of  0 and arithmetic mean of  19.32. View All Fundamentals
 
Receivables Turnover  
First Reported
2010-12-31
Previous Quarter
7.77351984
Current Value
7.38
Quarterly Volatility
17.58267804
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check YY financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among YY main balance sheet or income statement drivers, such as Depreciation And Amortization of 139.1 M, Interest Expense of 15.5 M or Selling General Administrative of 97.6 M, as well as many exotic indicators such as Price To Sales Ratio of 1.09, Dividend Yield of 0.0286 or PTB Ratio of 0.48. YY financial statements analysis is a perfect complement when working with YY Valuation or Volatility modules.
  
This module can also supplement YY's financial leverage analysis and stock options assessment as well as various YY Technical models . Check out the analysis of YY Correlation against competitors.

Latest YY's Receivables Turnover Growth Pattern

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

YY Receivables Turnover Regression Statistics

Arithmetic Mean19.32
Geometric Mean14.31
Coefficient Of Variation91.03
Mean Deviation12.33
Median14.10
Standard Deviation17.58
Sample Variance309.15
Range65.5043
R-Value0.04
Mean Square Error332.45
R-Squared0
Significance0.89
Slope0.15
Total Sum of Squares4,328

YY Receivables Turnover History

2024 7.38
2023 7.77
2022 20.14
2021 15.28
2020 14.1
2019 28.91
2018 8.28

About YY Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include YY income statement, its balance sheet, and the statement of cash flows. YY investors use historical funamental indicators, such as YY's Receivables Turnover, to determine how well the company is positioned to perform in the future. Although YY investors may use each financial statement separately, they are all related. The changes in YY's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on YY'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 YY Financial Statements. Understanding these patterns can help to make the right decision on long term investment in YY. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Receivables Turnover 7.77  7.38 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether YY Inc Class offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of YY'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 Yy Inc Class Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Yy Inc Class Stock:
Check out the analysis of YY Correlation against competitors.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

Complementary Tools for YY Stock analysis

When running YY's price analysis, check to measure YY'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 YY is operating at the current time. Most of YY's value examination focuses on studying past and present price action to predict the probability of YY's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move YY's price. Additionally, you may evaluate how the addition of YY to your portfolios can decrease your overall portfolio volatility.
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Money Managers
Screen money managers from public funds and ETFs managed around the world
Global Correlations
Find global opportunities by holding instruments from different markets
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Is YY'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 YY. If investors know YY 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 YY 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
(0.71)
Earnings Share
4.8
Revenue Per Share
34.658
Quarterly Revenue Growth
(0.06)
Return On Assets
0.0025
The market value of YY Inc Class is measured differently than its book value, which is the value of YY that is recorded on the company's balance sheet. Investors also form their own opinion of YY's value that differs from its market value or its book value, called intrinsic value, which is YY'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 YY's market value can be influenced by many factors that don't directly affect YY'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 YY's value and its price as these two are different measures arrived at by different means. Investors typically determine if YY is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, YY'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.