Centuri Payables Turnover from 2010 to 2024

CTRI Stock  USD 20.79  0.47  2.21%   
Centuri Holdings,'s Payables Turnover is decreasing with very volatile movements from year to year. Payables Turnover is predicted to flatten to 15.20. Payables Turnover is a liquidity ratio that shows how quickly Centuri Holdings, pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
22.79195938
Current Value
15.2
Quarterly Volatility
1.57448696
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Centuri Holdings, financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Centuri Holdings,'s main balance sheet or income statement drivers, such as Tax Provision of 13 M, Depreciation And Amortization of 156.7 M or Interest Expense of 46.7 M, as well as many indicators such as Price To Sales Ratio of 0.95, Dividend Yield of 0.0129 or PTB Ratio of 4.97. Centuri financial statements analysis is a perfect complement when working with Centuri Holdings, Valuation or Volatility modules.
  
Check out the analysis of Centuri Holdings, Correlation against competitors.
For more detail on how to invest in Centuri Stock please use our How to Invest in Centuri Holdings, guide.

Latest Centuri Holdings,'s Payables Turnover Growth Pattern

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

Centuri Payables Turnover Regression Statistics

Arithmetic Mean18.13
Geometric Mean18.07
Coefficient Of Variation8.68
Mean Deviation0.67
Median18.16
Standard Deviation1.57
Sample Variance2.48
Range7.592
R-Value(0.04)
Mean Square Error2.67
R-Squared0
Significance0.90
Slope(0.01)
Total Sum of Squares34.71

Centuri Payables Turnover History

2024 15.2
2023 22.79
2022 16.04

About Centuri Holdings, Financial Statements

Investors use fundamental indicators, such as Centuri Holdings,'s Payables Turnover, to determine how well the company is positioned to perform in the future. Although Centuri Holdings,'s 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 22.79  15.20 

Currently Active Assets on Macroaxis

When determining whether Centuri Holdings, offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Centuri Holdings,'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 Centuri Holdings, Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Centuri Holdings, Stock:
Check out the analysis of Centuri Holdings, Correlation against competitors.
For more detail on how to invest in Centuri Stock please use our How to Invest in Centuri Holdings, guide.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Construction & Engineering 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 Centuri Holdings,. If investors know Centuri 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 Centuri Holdings, listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Centuri Holdings, is measured differently than its book value, which is the value of Centuri that is recorded on the company's balance sheet. Investors also form their own opinion of Centuri Holdings,'s value that differs from its market value or its book value, called intrinsic value, which is Centuri Holdings,'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 Centuri Holdings,'s market value can be influenced by many factors that don't directly affect Centuri Holdings,'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 Centuri Holdings,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if Centuri Holdings, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Centuri Holdings,'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.