Energy Payables Turnover from 2010 to 2024

ET-PI Stock   11.96  0.07  0.59%   
Energy Transfer's Payables Turnover is decreasing with very volatile movements from year to year. Payables Turnover is predicted to flatten to 8.19. Payables Turnover is a liquidity ratio that shows how quickly Energy Transfer LP pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
9.71364452
Current Value
8.19
Quarterly Volatility
2.8990032
 
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Yuan Drop
 
Covid
Check Energy Transfer financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Energy Transfer's main balance sheet or income statement drivers, such as Tax Provision of 247.1 M, Interest Expense of 2.6 B or Selling General Administrative of 929.7 M, as well as many indicators such as Price To Sales Ratio of 0.75, Dividend Yield of 0.065 or PTB Ratio of 0.94. Energy financial statements analysis is a perfect complement when working with Energy Transfer Valuation or Volatility modules.
  
Check out the analysis of Energy Transfer Correlation against competitors.

Latest Energy Transfer's Payables Turnover Growth Pattern

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

Energy Payables Turnover Regression Statistics

Arithmetic Mean10.13
Geometric Mean9.71
Coefficient Of Variation28.63
Mean Deviation2.18
Median10.33
Standard Deviation2.90
Sample Variance8.40
Range11.2056
R-Value(0.06)
Mean Square Error9.01
R-Squared0
Significance0.82
Slope(0.04)
Total Sum of Squares117.66

Energy Payables Turnover History

2024 8.19
2023 9.71
2022 10.99
2021 7.93
2020 10.38
2019 10.33
2018 12.53

About Energy Transfer Financial Statements

Investors use fundamental indicators, such as Energy Transfer's Payables Turnover, to determine how well the company is positioned to perform in the future. Although Energy Transfer'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 9.71  8.19 

Currently Active Assets on Macroaxis

When determining whether Energy Transfer LP is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Energy Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Energy Transfer Lp Stock. Highlighted below are key reports to facilitate an investment decision about Energy Transfer Lp Stock:
Check out the analysis of Energy Transfer Correlation against competitors.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Please note, there is a significant difference between Energy Transfer's value and its price as these two are different measures arrived at by different means. Investors typically determine if Energy Transfer is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Energy Transfer'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.