Intrepid Payables Turnover from 2010 to 2024

IPI Stock  USD 27.65  0.85  3.17%   
Intrepid Potash's Payables Turnover is increasing with stable movements from year to year. Payables Turnover is predicted to flatten to 13.27. Payables Turnover is a liquidity ratio that shows how quickly Intrepid Potash pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
18.85406289
Current Value
13.27
Quarterly Volatility
4.84191417
 
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Yuan Drop
 
Covid
Check Intrepid Potash financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Intrepid Potash's main balance sheet or income statement drivers, such as Depreciation And Amortization of 30.6 M, Interest Expense of 86.4 K or Selling General Administrative of 24.7 M, as well as many indicators such as Price To Sales Ratio of 1.04, Dividend Yield of 0.0169 or PTB Ratio of 0.42. Intrepid financial statements analysis is a perfect complement when working with Intrepid Potash Valuation or Volatility modules.
  
Check out the analysis of Intrepid Potash Correlation against competitors.
For more detail on how to invest in Intrepid Stock please use our How to Invest in Intrepid Potash guide.

Latest Intrepid Potash's Payables Turnover Growth Pattern

Below is the plot of the Payables Turnover of Intrepid Potash 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. Intrepid Potash's Payables Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Intrepid Potash's overall financial position and show how it may be relating to other accounts over time.
Payables Turnover10 Years Trend
Pretty Stable
   Payables Turnover   
       Timeline  

Intrepid Payables Turnover Regression Statistics

Arithmetic Mean17.12
Geometric Mean16.46
Coefficient Of Variation28.28
Mean Deviation3.89
Median17.81
Standard Deviation4.84
Sample Variance23.44
Range16.2532
R-Value0.19
Mean Square Error24.30
R-Squared0.04
Significance0.49
Slope0.21
Total Sum of Squares328.22

Intrepid Payables Turnover History

2024 13.27
2023 18.85
2022 10.52
2021 23.66
2020 25.61
2019 17.67
2018 18.61

About Intrepid Potash Financial Statements

Investors use fundamental indicators, such as Intrepid Potash's Payables Turnover, to determine how well the company is positioned to perform in the future. Although Intrepid Potash'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 18.85  13.27 

Currently Active Assets on Macroaxis

When determining whether Intrepid Potash offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Intrepid Potash'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 Intrepid Potash Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Intrepid Potash Stock:
Check out the analysis of Intrepid Potash Correlation against competitors.
For more detail on how to invest in Intrepid Stock please use our How to Invest in Intrepid Potash guide.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Fertilizers & Agricultural Chemicals 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 Intrepid Potash. If investors know Intrepid 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 Intrepid Potash 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
(0.81)
Earnings Share
(3.38)
Revenue Per Share
16.057
Quarterly Revenue Growth
0.06
Return On Assets
(0)
The market value of Intrepid Potash is measured differently than its book value, which is the value of Intrepid that is recorded on the company's balance sheet. Investors also form their own opinion of Intrepid Potash's value that differs from its market value or its book value, called intrinsic value, which is Intrepid Potash'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 Intrepid Potash's market value can be influenced by many factors that don't directly affect Intrepid Potash'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 Intrepid Potash's value and its price as these two are different measures arrived at by different means. Investors typically determine if Intrepid Potash is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Intrepid Potash'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.