Cogent Payables Turnover from 2010 to 2024

CCOI Stock  USD 82.15  0.42  0.51%   
Cogent Communications' Payables Turnover is increasing with slightly volatile movements from year to year. Payables Turnover is predicted to flatten to 9.24. Payables Turnover is a liquidity ratio that shows how quickly Cogent Communications 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
11.25469435
Current Value
9.24
Quarterly Volatility
5.85397669
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Cogent Communications financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cogent Communications' main balance sheet or income statement drivers, such as Depreciation And Amortization of 243.8 M, Interest Expense of 112.1 M or Selling General Administrative of 289.1 M, as well as many indicators such as Price To Sales Ratio of 2.89, Dividend Yield of 0.0314 or PTB Ratio of 6.21. Cogent financial statements analysis is a perfect complement when working with Cogent Communications Valuation or Volatility modules.
  
Check out the analysis of Cogent Communications Correlation against competitors.

Latest Cogent Communications' Payables Turnover Growth Pattern

Below is the plot of the Payables Turnover of Cogent Communications 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. Cogent Communications' Payables Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cogent Communications' overall financial position and show how it may be relating to other accounts over time.
Payables Turnover10 Years Trend
Slightly volatile
   Payables Turnover   
       Timeline  

Cogent Payables Turnover Regression Statistics

Arithmetic Mean14.14
Geometric Mean13.03
Coefficient Of Variation41.39
Mean Deviation4.93
Median12.03
Standard Deviation5.85
Sample Variance34.27
Range20.1667
R-Value0.31
Mean Square Error33.25
R-Squared0.1
Significance0.25
Slope0.41
Total Sum of Squares479.77

Cogent Payables Turnover History

2024 9.24
2023 11.25
2022 8.39
2021 18.98
2020 22.42
2019 19.85
2018 25.77

About Cogent Communications Financial Statements

Investors use fundamental indicators, such as Cogent Communications' Payables Turnover, to determine how well the company is positioned to perform in the future. Although Cogent Communications' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Payables Turnover 11.25  9.24 

Currently Active Assets on Macroaxis

When determining whether Cogent Communications offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cogent Communications' 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 Cogent Communications Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cogent Communications Group Stock:
Check out the analysis of Cogent Communications Correlation against competitors.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Is Diversified Telecommunication 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 Cogent Communications. If investors know Cogent 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 Cogent Communications 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
228.092
Dividend Share
3.88
Earnings Share
0.69
Revenue Per Share
20.531
Quarterly Revenue Growth
(0.09)
The market value of Cogent Communications is measured differently than its book value, which is the value of Cogent that is recorded on the company's balance sheet. Investors also form their own opinion of Cogent Communications' value that differs from its market value or its book value, called intrinsic value, which is Cogent Communications' 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 Cogent Communications' market value can be influenced by many factors that don't directly affect Cogent Communications' 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 Cogent Communications' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cogent Communications is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cogent Communications' 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.