Gencor Days Payables Outstanding from 2010 to 2024

GENC Stock  USD 21.61  0.09  0.41%   
Gencor Industries' Days Payables Outstanding is increasing over the years with stable fluctuation. Days Payables Outstanding is expected to dwindle to 39.50. During the period from 2010 to 2024 Gencor Industries Days Payables Outstanding annual values regression line had geometric mean of  17.08 and mean square error of  485.17. View All Fundamentals
 
Days Payables Outstanding  
First Reported
2010-12-31
Previous Quarter
74.62825279
Current Value
39.5
Quarterly Volatility
21.48279819
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Gencor Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Gencor Industries' main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.4 M, Interest Expense of 12.1 M or Total Revenue of 78.6 M, as well as many indicators such as Price To Sales Ratio of 0.9, Dividend Yield of 0.0 or PTB Ratio of 4.54. Gencor financial statements analysis is a perfect complement when working with Gencor Industries Valuation or Volatility modules.
  
Check out the analysis of Gencor Industries Correlation against competitors.
For information on how to trade Gencor Stock refer to our How to Trade Gencor Stock guide.

Latest Gencor Industries' Days Payables Outstanding Growth Pattern

Below is the plot of the Days Payables Outstanding of Gencor Industries over the last few years. It is Gencor Industries' Days Payables Outstanding historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Gencor Industries' overall financial position and show how it may be relating to other accounts over time.
Days Payables Outstanding10 Years Trend
Pretty Stable
   Days Payables Outstanding   
       Timeline  

Gencor Days Payables Outstanding Regression Statistics

Arithmetic Mean22.62
Geometric Mean17.08
Coefficient Of Variation94.98
Mean Deviation15.46
Median13.42
Standard Deviation21.48
Sample Variance461.51
Range66.5238
R-Value0.15
Mean Square Error485.17
R-Squared0.02
Significance0.58
Slope0.74
Total Sum of Squares6,461

Gencor Days Payables Outstanding History

2024 39.5
2023 74.63
2022 15.69
2021 18.71
2020 16.89
2019 10.79
2018 11.81

About Gencor Industries Financial Statements

Gencor Industries stakeholders use historical fundamental indicators, such as Gencor Industries' Days Payables Outstanding, to determine how well the company is positioned to perform in the future. Although Gencor Industries investors may analyze each financial statement separately, they are all interrelated. For example, changes in Gencor Industries' assets and liabilities are reflected in the revenues and expenses on Gencor Industries' 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 Gencor Industries. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Payables Outstanding 74.63  39.50 

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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 Gencor Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Gencor Industries' 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 Gencor Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gencor Industries Stock:
Check out the analysis of Gencor Industries Correlation against competitors.
For information on how to trade Gencor Stock refer to our How to Trade Gencor Stock guide.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Industrial Machinery & Supplies & Components 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 Gencor Industries. If investors know Gencor 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 Gencor Industries 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
(0.20)
Earnings Share
1.1
Revenue Per Share
7.717
Quarterly Revenue Growth
(0.08)
Return On Assets
0.0483
The market value of Gencor Industries is measured differently than its book value, which is the value of Gencor that is recorded on the company's balance sheet. Investors also form their own opinion of Gencor Industries' value that differs from its market value or its book value, called intrinsic value, which is Gencor Industries' 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 Gencor Industries' market value can be influenced by many factors that don't directly affect Gencor Industries' 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 Gencor Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Gencor Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gencor Industries' 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.