Commercial Payables Turnover from 2010 to 2024

CVGI Stock  USD 2.41  0.02  0.84%   
Commercial Vehicle's Payables Turnover is decreasing with slightly volatile movements from year to year. Payables Turnover is predicted to flatten to 10.16. Payables Turnover is a liquidity ratio that shows how quickly Commercial Vehicle 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
11.05014616
Current Value
10.16
Quarterly Volatility
1.88566149
 
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Check Commercial Vehicle financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Commercial Vehicle's main balance sheet or income statement drivers, such as Depreciation And Amortization of 18.5 M, Interest Expense of 17 M or Selling General Administrative of 62 M, as well as many indicators such as Price To Sales Ratio of 0.42, Dividend Yield of 0.0 or PTB Ratio of 1.41. Commercial financial statements analysis is a perfect complement when working with Commercial Vehicle Valuation or Volatility modules.
  
Check out the analysis of Commercial Vehicle Correlation against competitors.

Latest Commercial Vehicle's Payables Turnover Growth Pattern

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

Commercial Payables Turnover Regression Statistics

Arithmetic Mean9.65
Geometric Mean9.46
Coefficient Of Variation19.54
Mean Deviation1.39
Median9.78
Standard Deviation1.89
Sample Variance3.56
Range7.0424
R-Value(0.30)
Mean Square Error3.48
R-Squared0.09
Significance0.28
Slope(0.13)
Total Sum of Squares49.78

Commercial Payables Turnover History

2024 10.16
2023 11.05
2022 7.33
2021 8.37
2020 5.73
2019 12.62
2018 8.87

About Commercial Vehicle Financial Statements

Investors use fundamental indicators, such as Commercial Vehicle's Payables Turnover, to determine how well the company is positioned to perform in the future. Although Commercial Vehicle'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 11.05  10.16 

Currently Active Assets on Macroaxis

When determining whether Commercial Vehicle offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Commercial Vehicle'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 Commercial Vehicle Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Commercial Vehicle Group Stock:
Check out the analysis of Commercial Vehicle Correlation against competitors.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
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 Commercial Vehicle. If investors know Commercial 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 Commercial Vehicle 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
0.286
Earnings Share
0.82
Revenue Per Share
27.395
Quarterly Revenue Growth
(0.15)
Return On Assets
0.0346
The market value of Commercial Vehicle is measured differently than its book value, which is the value of Commercial that is recorded on the company's balance sheet. Investors also form their own opinion of Commercial Vehicle's value that differs from its market value or its book value, called intrinsic value, which is Commercial Vehicle'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 Commercial Vehicle's market value can be influenced by many factors that don't directly affect Commercial Vehicle'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 Commercial Vehicle's value and its price as these two are different measures arrived at by different means. Investors typically determine if Commercial Vehicle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Commercial Vehicle'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.