Calumet Payables Turnover from 2010 to 2024

CLMT Stock  USD 21.80  0.28  1.30%   
Calumet Specialty Payables Turnover yearly trend continues to be comparatively stable with very little volatility. Payables Turnover is likely to outpace its year average in 2024. Payables Turnover is a liquidity ratio that shows how quickly Calumet Specialty Products pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
11.42453416
Current Value
14.28
Quarterly Volatility
1.96946716
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Calumet Specialty financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Calumet Specialty's main balance sheet or income statement drivers, such as Depreciation And Amortization of 89.3 M, Interest Expense of 232.8 M or Selling General Administrative of 154 M, as well as many indicators such as Price To Sales Ratio of 0.26, Dividend Yield of 0.096 or Days Sales Outstanding of 26.35. Calumet financial statements analysis is a perfect complement when working with Calumet Specialty Valuation or Volatility modules.
  
Check out the analysis of Calumet Specialty Correlation against competitors.

Latest Calumet Specialty's Payables Turnover Growth Pattern

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

Calumet Payables Turnover Regression Statistics

Arithmetic Mean11.75
Geometric Mean11.59
Coefficient Of Variation16.76
Mean Deviation1.48
Median11.57
Standard Deviation1.97
Sample Variance3.88
Range7.3658
R-Value0.25
Mean Square Error3.92
R-Squared0.06
Significance0.37
Slope0.11
Total Sum of Squares54.30

Calumet Payables Turnover History

2024 14.28
2023 11.42
2022 9.81
2021 9.98
2020 11.48
2019 13.04
2018 15.26

About Calumet Specialty Financial Statements

Calumet Specialty shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although Calumet Specialty investors may analyze each financial statement separately, they are all interrelated. The changes in Calumet Specialty's assets and liabilities, for example, are also reflected in the revenues and expenses on on Calumet Specialty'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
Payables Turnover 11.42  14.28 

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 Calumet Stock Analysis

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