BGSF Days Of Payables Outstanding from 2010 to 2024

BGSF Stock  USD 5.63  0.04  0.72%   
BG Staffing's Days Of Payables Outstanding is decreasing over the last several years with slightly volatile swings. Days Of Payables Outstanding is predicted to flatten to 0.16. During the period from 2010 to 2024 BG Staffing Days Of Payables Outstanding regressed destribution of quarterly values had coefficient of variationof  166.52 and r-value of (0.36). View All Fundamentals
 
Days Of Payables Outstanding  
First Reported
2010-12-31
Previous Quarter
0.17218435
Current Value
0.16
Quarterly Volatility
3.24558769
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check BG Staffing financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among BG Staffing's main balance sheet or income statement drivers, such as Depreciation And Amortization of 8.2 M, Interest Expense of 6.3 M or Selling General Administrative of 46.9 M, as well as many indicators such as Price To Sales Ratio of 0.57, Dividend Yield of 0.034 or PTB Ratio of 1.24. BGSF financial statements analysis is a perfect complement when working with BG Staffing Valuation or Volatility modules.
  
Check out the analysis of BG Staffing Correlation against competitors.
For more detail on how to invest in BGSF Stock please use our How to Invest in BG Staffing guide.

Latest BG Staffing's Days Of Payables Outstanding Growth Pattern

Below is the plot of the Days Of Payables Outstanding of BG Staffing over the last few years. It is BG Staffing's Days Of Payables Outstanding historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in BG Staffing's overall financial position and show how it may be relating to other accounts over time.
Days Of Payables Outstanding10 Years Trend
Slightly volatile
   Days Of Payables Outstanding   
       Timeline  

BGSF Days Of Payables Outstanding Regression Statistics

Arithmetic Mean1.95
Geometric Mean1.09
Coefficient Of Variation166.52
Mean Deviation1.72
Median1.10
Standard Deviation3.25
Sample Variance10.53
Range13.236
R-Value(0.36)
Mean Square Error9.86
R-Squared0.13
Significance0.18
Slope(0.26)
Total Sum of Squares147.47

BGSF Days Of Payables Outstanding History

2024 0.16
2023 0.17
2017 3.41
2012 13.4

About BG Staffing Financial Statements

BG Staffing stakeholders use historical fundamental indicators, such as BG Staffing's Days Of Payables Outstanding, to determine how well the company is positioned to perform in the future. Although BG Staffing investors may analyze each financial statement separately, they are all interrelated. For example, changes in BG Staffing's assets and liabilities are reflected in the revenues and expenses on BG Staffing'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 BG Staffing. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Of Payables Outstanding 0.17  0.16 

Currently Active Assets on Macroaxis

When determining whether BG Staffing is a strong investment it is important to analyze BG Staffing'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 BG Staffing's future performance. For an informed investment choice regarding BGSF Stock, refer to the following important reports:
Check out the analysis of BG Staffing Correlation against competitors.
For more detail on how to invest in BGSF Stock please use our How to Invest in BG Staffing guide.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is Human Resource & Employment Services 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 BG Staffing. If investors know BGSF 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 BG Staffing 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
(0.47)
Dividend Share
0.15
Earnings Share
(0.13)
Revenue Per Share
25.929
Quarterly Revenue Growth
(0.15)
The market value of BG Staffing is measured differently than its book value, which is the value of BGSF that is recorded on the company's balance sheet. Investors also form their own opinion of BG Staffing's value that differs from its market value or its book value, called intrinsic value, which is BG Staffing'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 BG Staffing's market value can be influenced by many factors that don't directly affect BG Staffing'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 BG Staffing's value and its price as these two are different measures arrived at by different means. Investors typically determine if BG Staffing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BG Staffing'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.