Houston Payables Turnover from 2010 to 2024

HUSA Stock  USD 1.39  0.01  0.72%   
Houston American's Payables Turnover is decreasing over the years with very volatile fluctuation. Payables Turnover is expected to dwindle to 3.89. Payables Turnover is a liquidity ratio that shows how quickly Houston American Energy pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
4.09685001
Current Value
3.89
Quarterly Volatility
9.57237818
 
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Yuan Drop
 
Covid
Check Houston American financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Houston American's main balance sheet or income statement drivers, such as Depreciation And Amortization of 223 K, Interest Expense of 46.6 K or Total Revenue of 754.3 K, as well as many indicators such as Price To Sales Ratio of 23.09, Dividend Yield of 0.0023 or PTB Ratio of 1.83. Houston financial statements analysis is a perfect complement when working with Houston American Valuation or Volatility modules.
  
Check out the analysis of Houston American Correlation against competitors.

Latest Houston American's Payables Turnover Growth Pattern

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

Houston Payables Turnover Regression Statistics

Arithmetic Mean9.47
Geometric Mean6.82
Coefficient Of Variation101.10
Mean Deviation6.41
Median6.40
Standard Deviation9.57
Sample Variance91.63
Range36.4053
R-Value(0.10)
Mean Square Error97.66
R-Squared0.01
Significance0.72
Slope(0.22)
Total Sum of Squares1,283

Houston Payables Turnover History

2024 3.89
2023 4.1
2022 7.35
2021 12.52
2020 6.4
2019 4.55
2018 20.58

About Houston American Financial Statements

Houston American stakeholders use historical fundamental indicators, such as Houston American's Payables Turnover, to determine how well the company is positioned to perform in the future. Although Houston American investors may analyze each financial statement separately, they are all interrelated. For example, changes in Houston American's assets and liabilities are reflected in the revenues and expenses on Houston American's 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 Houston American Energy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 4.10  3.89 

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When determining whether Houston American Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Houston American'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 Houston American Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Houston American Energy Stock:
Check out the analysis of Houston American 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 Oil & Gas Exploration & Production 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 Houston American. If investors know Houston 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 Houston American listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.32)
Revenue Per Share
0.057
Quarterly Revenue Growth
(0.43)
Return On Assets
(0.08)
Return On Equity
(0.27)
The market value of Houston American Energy is measured differently than its book value, which is the value of Houston that is recorded on the company's balance sheet. Investors also form their own opinion of Houston American's value that differs from its market value or its book value, called intrinsic value, which is Houston American'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 Houston American's market value can be influenced by many factors that don't directly affect Houston American'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 Houston American's value and its price as these two are different measures arrived at by different means. Investors typically determine if Houston American is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Houston American'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.