HCI Payables Turnover from 2010 to 2024

HCI Stock  USD 111.37  1.11  1.01%   
HCI's Payables Turnover is increasing with very volatile movements from year to year. Payables Turnover is predicted to flatten to 1.66. Payables Turnover is a liquidity ratio that shows how quickly HCI 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
1.75240012
Current Value
1.66
Quarterly Volatility
285.82398753
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check HCI financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among HCI's main balance sheet or income statement drivers, such as Interest Expense of 7.4 M, Selling General Administrative of 33.9 M or Other Operating Expenses of 51.8 M, as well as many indicators such as Price To Sales Ratio of 1.06, Dividend Yield of 0.0259 or PTB Ratio of 2.93. HCI financial statements analysis is a perfect complement when working with HCI Valuation or Volatility modules.
  
Check out the analysis of HCI Correlation against competitors.

Latest HCI's Payables Turnover Growth Pattern

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

HCI Payables Turnover Regression Statistics

Arithmetic Mean144.46
Geometric Mean18.77
Coefficient Of Variation197.86
Mean Deviation188.13
Median15.31
Standard Deviation285.82
Sample Variance81,695
Range864
R-Value0.06
Mean Square Error87,671
R-Squared0
Significance0.83
Slope3.78
Total Sum of Squares1.1M

HCI Payables Turnover History

2024 1.66
2023 1.75
2022 0.95
2021 0.94
2020 158.66
2019 160.57
2018 865.36

About HCI Financial Statements

Investors use fundamental indicators, such as HCI's Payables Turnover, to determine how well the company is positioned to perform in the future. Although HCI'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 1.75  1.66 

Currently Active Assets on Macroaxis

When determining whether HCI Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of HCI'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 Hci Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hci Group Stock:
Check out the analysis of HCI Correlation against competitors.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Property & Casualty Insurance 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 HCI. If investors know HCI 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 HCI 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
16.123
Dividend Share
1.6
Earnings Share
12.05
Revenue Per Share
78.183
Quarterly Revenue Growth
0.48
The market value of HCI Group is measured differently than its book value, which is the value of HCI that is recorded on the company's balance sheet. Investors also form their own opinion of HCI's value that differs from its market value or its book value, called intrinsic value, which is HCI'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 HCI's market value can be influenced by many factors that don't directly affect HCI'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 HCI's value and its price as these two are different measures arrived at by different means. Investors typically determine if HCI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HCI'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.