Agree Payables Turnover from 2010 to 2024

ADC Stock  USD 76.45  0.67  0.87%   
Agree Realty's Payables Turnover is increasing over the years with slightly volatile fluctuation. Overall, Payables Turnover is expected to go to 4.84 this year. Payables Turnover is a liquidity ratio that shows how quickly Agree Realty pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
4.60798677
Current Value
4.84
Quarterly Volatility
1.383797
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Agree Realty financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Agree Realty's main balance sheet or income statement drivers, such as Depreciation And Amortization of 219.8 M, Interest Expense of 85.2 M or Selling General Administrative of 36.5 M, as well as many indicators such as Price To Sales Ratio of 5.96, Dividend Yield of 0.0847 or PTB Ratio of 1.66. Agree financial statements analysis is a perfect complement when working with Agree Realty Valuation or Volatility modules.
  
Check out the analysis of Agree Realty Correlation against competitors.
For information on how to trade Agree Stock refer to our How to Trade Agree Stock guide.

Latest Agree Realty's Payables Turnover Growth Pattern

Below is the plot of the Payables Turnover of Agree Realty over the last few years. It is a liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable. Agree Realty's Payables Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Agree Realty's overall financial position and show how it may be relating to other accounts over time.
Payables Turnover10 Years Trend
Slightly volatile
   Payables Turnover   
       Timeline  

Agree Payables Turnover Regression Statistics

Arithmetic Mean1.60
Geometric Mean1.08
Coefficient Of Variation86.63
Mean Deviation0.94
Median1.22
Standard Deviation1.38
Sample Variance1.91
Range4.7893
R-Value0.47
Mean Square Error1.60
R-Squared0.22
Significance0.07
Slope0.15
Total Sum of Squares26.81

Agree Payables Turnover History

2024 4.84
2023 4.61
2022 1.02
2021 0.93
2020 0.44
2019 0.48
2018 0.81

About Agree Realty Financial Statements

Agree Realty stakeholders use historical fundamental indicators, such as Agree Realty's Payables Turnover, to determine how well the company is positioned to perform in the future. Although Agree Realty investors may analyze each financial statement separately, they are all interrelated. For example, changes in Agree Realty's assets and liabilities are reflected in the revenues and expenses on Agree Realty's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Agree Realty. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 4.61  4.84 

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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 Agree Realty offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Agree Realty'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 Agree Realty Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Agree Realty Stock:
Check out the analysis of Agree Realty Correlation against competitors.
For information on how to trade Agree Stock refer to our How to Trade Agree Stock guide.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Is Retail REITs 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 Agree Realty. If investors know Agree 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 Agree Realty 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
0.032
Dividend Share
2.982
Earnings Share
1.81
Revenue Per Share
5.985
Quarterly Revenue Growth
0.128
The market value of Agree Realty is measured differently than its book value, which is the value of Agree that is recorded on the company's balance sheet. Investors also form their own opinion of Agree Realty's value that differs from its market value or its book value, called intrinsic value, which is Agree Realty'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 Agree Realty's market value can be influenced by many factors that don't directly affect Agree Realty'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 Agree Realty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Agree Realty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Agree Realty'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.