LCI Payables Turnover from 2010 to 2024

LCII Stock  USD 122.50  0.68  0.55%   
LCI Industries' Payables Turnover is decreasing with slightly volatile movements from year to year. Payables Turnover is estimated to finish at 22.10 this year. Payables Turnover is a liquidity ratio that shows how quickly LCI Industries pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
16.37815533
Current Value
22.1
Quarterly Volatility
8.39189262
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check LCI Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among LCI Industries' main balance sheet or income statement drivers, such as Depreciation And Amortization of 138.4 M, Interest Expense of 42.4 M or Total Revenue of 4 B, as well as many indicators such as Price To Sales Ratio of 0.55, Dividend Yield of 0.0376 or PTB Ratio of 1.93. LCI financial statements analysis is a perfect complement when working with LCI Industries Valuation or Volatility modules.
  
Check out the analysis of LCI Industries Correlation against competitors.
For more detail on how to invest in LCI Stock please use our How to Invest in LCI Industries guide.

Latest LCI Industries' Payables Turnover Growth Pattern

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

LCI Payables Turnover Regression Statistics

Arithmetic Mean23.33
Geometric Mean21.88
Coefficient Of Variation35.96
Mean Deviation6.95
Median22.10
Standard Deviation8.39
Sample Variance70.42
Range25.6363
R-Value(0.44)
Mean Square Error61.33
R-Squared0.19
Significance0.10
Slope(0.82)
Total Sum of Squares985.93

LCI Payables Turnover History

2024 22.1
2023 16.38
2022 27.41
2021 12.15
2020 11.3
2019 18.46
2018 24.96

About LCI Industries Financial Statements

Investors use fundamental indicators, such as LCI Industries' Payables Turnover, to determine how well the company is positioned to perform in the future. Although LCI Industries' 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 16.38  22.10 

Currently Active Assets on Macroaxis

When determining whether LCI Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of LCI 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 Lci Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lci Industries Stock:
Check out the analysis of LCI Industries Correlation against competitors.
For more detail on how to invest in LCI Stock please use our How to Invest in LCI Industries guide.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Automotive Parts & Equipment 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 LCI Industries. If investors know LCI 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 LCI 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
0.363
Dividend Share
4.2
Earnings Share
5.13
Revenue Per Share
148.575
Quarterly Revenue Growth
(0.05)
The market value of LCI Industries is measured differently than its book value, which is the value of LCI that is recorded on the company's balance sheet. Investors also form their own opinion of LCI Industries' value that differs from its market value or its book value, called intrinsic value, which is LCI 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 LCI Industries' market value can be influenced by many factors that don't directly affect LCI 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 LCI Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if LCI Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LCI 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.