Forum Change Receivables from 2010 to 2024

FET Stock  USD 14.02  0.02  0.14%   
Forum Energy Change Receivables yearly trend continues to be comparatively stable with very little volatility. Change Receivables is likely to outpace its year average in 2024. Change Receivables is the difference in the amount of accounts receivable from one accounting period to the next. A positive number indicates an increase in receivables, while a negative number indicates a decrease. View All Fundamentals
 
Change Receivables  
First Reported
2012-03-31
Previous Quarter
-10 M
Current Value
-4.6 M
Quarterly Volatility
21.5 M
 
Yuan Drop
 
Covid
Check Forum Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Forum Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 57.6 M, Interest Expense of 28 M or Total Revenue of 758.7 M, as well as many indicators such as Price To Sales Ratio of 0.29, Dividend Yield of 0.0 or PTB Ratio of 0.52. Forum financial statements analysis is a perfect complement when working with Forum Energy Valuation or Volatility modules.
  
Check out the analysis of Forum Energy Correlation against competitors.

Latest Forum Energy's Change Receivables Growth Pattern

Below is the plot of the Change Receivables of Forum Energy Technologies over the last few years. It is the difference in the amount of accounts receivable from one accounting period to the next. A positive number indicates an increase in receivables, while a negative number indicates a decrease. Forum Energy's Change Receivables historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Forum Energy's overall financial position and show how it may be relating to other accounts over time.
Change Receivables10 Years Trend
Slightly volatile
   Change Receivables   
       Timeline  

Forum Change Receivables Regression Statistics

Arithmetic Mean3,136,997
Coefficient Of Variation1,759
Mean Deviation40,951,069
Median1,188,000
Standard Deviation55,173,183
Sample Variance3044.1T
Range210.6M
R-Value(0.30)
Mean Square Error2976.2T
R-Squared0.09
Significance0.27
Slope(3,744,494)
Total Sum of Squares42617.1T

Forum Change Receivables History

2024-38.4 M
2023-40.5 M
2021-45 M
202065.5 M
201949.7 M
2018-4.8 M
2017-64.8 M

About Forum Energy Financial Statements

Forum Energy shareholders use historical fundamental indicators, such as Change Receivables, to determine how well the company is positioned to perform in the future. Although Forum Energy investors may analyze each financial statement separately, they are all interrelated. The changes in Forum Energy's assets and liabilities, for example, are also reflected in the revenues and expenses on on Forum Energy's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Change Receivables-40.5 M-38.4 M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Forum Stock Analysis

When running Forum Energy's price analysis, check to measure Forum Energy'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 Forum Energy is operating at the current time. Most of Forum Energy's value examination focuses on studying past and present price action to predict the probability of Forum Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Forum Energy's price. Additionally, you may evaluate how the addition of Forum Energy to your portfolios can decrease your overall portfolio volatility.