Energy Payables Turnover from 2010 to 2024

ESOA Stock  USD 15.43  0.13  0.85%   
Energy Services' Payables Turnover is decreasing over the years with very volatile fluctuation. Overall, Payables Turnover is expected to go to 15.66 this year. Payables Turnover is a liquidity ratio that shows how quickly Energy Services pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
10.92
Current Value
15.66
Quarterly Volatility
12.2311428
 
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Yuan Drop
 
Covid
Check Energy Services financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Energy Services' main balance sheet or income statement drivers, such as Depreciation And Amortization of 9.4 M, Other Operating Expenses of 351.5 M or Operating Income of 15.7 M, as well as many indicators such as Price To Sales Ratio of 0.32, Dividend Yield of 0.0135 or PTB Ratio of 1.84. Energy financial statements analysis is a perfect complement when working with Energy Services Valuation or Volatility modules.
  
Check out the analysis of Energy Services Correlation against competitors.
For information on how to trade Energy Stock refer to our How to Trade Energy Stock guide.

Latest Energy Services' Payables Turnover Growth Pattern

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

Energy Payables Turnover Regression Statistics

Arithmetic Mean19.42
Geometric Mean15.94
Coefficient Of Variation62.98
Mean Deviation8.03
Median15.66
Standard Deviation12.23
Sample Variance149.60
Range53.4275
R-Value(0.03)
Mean Square Error160.95
R-Squared0
Significance0.91
Slope(0.09)
Total Sum of Squares2,094

Energy Payables Turnover History

2024 15.66
2023 10.92
2022 12.13
2021 8.63
2020 15.04
2019 20.24
2018 55.44

About Energy Services Financial Statements

Energy Services stakeholders use historical fundamental indicators, such as Energy Services' Payables Turnover, to determine how well the company is positioned to perform in the future. Although Energy Services investors may analyze each financial statement separately, they are all interrelated. For example, changes in Energy Services' assets and liabilities are reflected in the revenues and expenses on Energy Services' 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 Energy Services. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 10.92  15.66 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Energy Services offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Energy Services' 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 Energy Services Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Energy Services Stock:
Check out the analysis of Energy Services Correlation against competitors.
For information on how to trade Energy Stock refer to our How to Trade Energy Stock guide.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Is Oil & Gas Equipment & 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 Energy Services. If investors know Energy 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 Energy Services 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
4.139
Dividend Share
0.06
Earnings Share
1.45
Revenue Per Share
21.239
Quarterly Revenue Growth
0.005
The market value of Energy Services is measured differently than its book value, which is the value of Energy that is recorded on the company's balance sheet. Investors also form their own opinion of Energy Services' value that differs from its market value or its book value, called intrinsic value, which is Energy Services' 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 Energy Services' market value can be influenced by many factors that don't directly affect Energy Services' 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 Energy Services' value and its price as these two are different measures arrived at by different means. Investors typically determine if Energy Services is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Energy Services' 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.