ICC Days Payables Outstanding from 2010 to 2024

ICCH Stock  USD 23.10  0.14  0.60%   
ICC Holdings' Days Payables Outstanding is increasing with slightly volatile movements from year to year. Days Payables Outstanding is predicted to flatten to 0.12. For the period between 2010 and 2024, ICC Holdings, Days Payables Outstanding quarterly trend regression had mean deviation of  0.09 and range of 0.2909. View All Fundamentals
 
Days Payables Outstanding  
First Reported
2010-12-31
Previous Quarter
0.23200258
Current Value
0.12
Quarterly Volatility
0.10869095
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ICC Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ICC Holdings' main balance sheet or income statement drivers, such as Depreciation And Amortization of 773.9 K, Interest Expense of 199.6 K or Selling General Administrative of 621.4 K, as well as many indicators such as Price To Sales Ratio of 1.0, Dividend Yield of 0.0 or PTB Ratio of 1.08. ICC financial statements analysis is a perfect complement when working with ICC Holdings Valuation or Volatility modules.
  
Check out the analysis of ICC Holdings Correlation against competitors.
For more detail on how to invest in ICC Stock please use our How to Invest in ICC Holdings guide.

Latest ICC Holdings' Days Payables Outstanding Growth Pattern

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

ICC Days Payables Outstanding Regression Statistics

Arithmetic Mean0.08
Geometric Mean0.03
Coefficient Of Variation136.62
Mean Deviation0.09
Median0.01
Standard Deviation0.11
Sample Variance0.01
Range0.2909
R-Value0.76
Mean Square Error0.01
R-Squared0.58
Significance0
Slope0.02
Total Sum of Squares0.17

ICC Days Payables Outstanding History

2024 0.12
2023 0.23
2021 0.3
2020 0.0941
2019 0.0783
2018 0.0199

About ICC Holdings Financial Statements

Investors use fundamental indicators, such as ICC Holdings' Days Payables Outstanding, to determine how well the company is positioned to perform in the future. Although ICC Holdings' 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
Days Payables Outstanding 0.23  0.12 

Currently Active Assets on Macroaxis

When determining whether ICC Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ICC Holdings' 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 Icc Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Icc Holdings Stock:
Check out the analysis of ICC Holdings Correlation against competitors.
For more detail on how to invest in ICC Stock please use our How to Invest in ICC Holdings guide.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
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 ICC Holdings. If investors know ICC 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 ICC Holdings 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
0.415
Earnings Share
2.16
Revenue Per Share
31.33
Quarterly Revenue Growth
0.233
Return On Assets
0.024
The market value of ICC Holdings is measured differently than its book value, which is the value of ICC that is recorded on the company's balance sheet. Investors also form their own opinion of ICC Holdings' value that differs from its market value or its book value, called intrinsic value, which is ICC Holdings' 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 ICC Holdings' market value can be influenced by many factors that don't directly affect ICC Holdings' 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 ICC Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if ICC Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ICC Holdings' 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.