Alamo Payables Turnover from 2010 to 2024

ALG Stock  USD 198.86  2.50  1.27%   
Alamo's Payables Turnover is decreasing over the last several years with slightly volatile swings. Payables Turnover is estimated to finish at 13.11 this year. Payables Turnover is a liquidity ratio that shows how quickly Alamo Group pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
12.39999799
Current Value
13.11
Quarterly Volatility
1.75149605
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Alamo financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Alamo's main balance sheet or income statement drivers, such as Depreciation And Amortization of 50.4 M, Interest Expense of 27.4 M or Selling General Administrative of 227.8 M, as well as many indicators such as Price To Sales Ratio of 1.56, Dividend Yield of 0.004 or PTB Ratio of 1.38. Alamo financial statements analysis is a perfect complement when working with Alamo Valuation or Volatility modules.
  
Check out the analysis of Alamo Correlation against competitors.

Latest Alamo's Payables Turnover Growth Pattern

Below is the plot of the Payables Turnover of Alamo Group 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. Alamo's Payables Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Alamo'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  

Alamo Payables Turnover Regression Statistics

Arithmetic Mean12.58
Geometric Mean12.47
Coefficient Of Variation13.92
Mean Deviation1.44
Median12.14
Standard Deviation1.75
Sample Variance3.07
Range6.0799
R-Value(0.33)
Mean Square Error2.94
R-Squared0.11
Significance0.23
Slope(0.13)
Total Sum of Squares42.95

Alamo Payables Turnover History

2024 13.11
2023 12.4
2022 11.66
2021 9.86
2020 11.57
2019 10.32
2018 13.92

About Alamo Financial Statements

Alamo stakeholders use historical fundamental indicators, such as Alamo's Payables Turnover, to determine how well the company is positioned to perform in the future. Although Alamo investors may analyze each financial statement separately, they are all interrelated. For example, changes in Alamo's assets and liabilities are reflected in the revenues and expenses on Alamo'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 Alamo Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 12.40  13.11 

Currently Active Assets on Macroaxis

When determining whether Alamo Group is a strong investment it is important to analyze Alamo's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Alamo's future performance. For an informed investment choice regarding Alamo Stock, refer to the following important reports:
Check out the analysis of Alamo Correlation against competitors.
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.
Is Construction Machinery & Heavy Transportation Equipment 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 Alamo. If investors know Alamo 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 Alamo 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
(0.22)
Dividend Share
1
Earnings Share
9.93
Revenue Per Share
138.895
Quarterly Revenue Growth
(0.04)
The market value of Alamo Group is measured differently than its book value, which is the value of Alamo that is recorded on the company's balance sheet. Investors also form their own opinion of Alamo's value that differs from its market value or its book value, called intrinsic value, which is Alamo'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 Alamo's market value can be influenced by many factors that don't directly affect Alamo'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 Alamo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alamo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alamo'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.