LGI Payables Turnover from 2010 to 2024

LGIH Stock  USD 111.22  5.40  5.10%   
LGI Homes' Payables Turnover is increasing with slightly volatile movements from year to year. Payables Turnover is predicted to flatten to 53.00. Payables Turnover is a liquidity ratio that shows how quickly LGI Homes pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
57.45170167
Current Value
53
Quarterly Volatility
47.34187939
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check LGI Homes financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among LGI Homes' main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.5 M, Interest Expense of 92 M or Selling General Administrative of 63.3 M, as well as many indicators such as Price To Sales Ratio of 1.3, Dividend Yield of 0.0468 or PTB Ratio of 2.86. LGI financial statements analysis is a perfect complement when working with LGI Homes Valuation or Volatility modules.
  
Check out the analysis of LGI Homes Correlation against competitors.
For more detail on how to invest in LGI Stock please use our How to Invest in LGI Homes guide.

Latest LGI Homes' Payables Turnover Growth Pattern

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

LGI Payables Turnover Regression Statistics

Arithmetic Mean62.67
Geometric Mean45.63
Coefficient Of Variation75.54
Mean Deviation38.40
Median53.00
Standard Deviation47.34
Sample Variance2,241
Range149
R-Value0.61
Mean Square Error1,519
R-Squared0.37
Significance0.02
Slope6.45
Total Sum of Squares31,378

LGI Payables Turnover History

2024 53.0
2023 57.45
2022 65.56
2021 157.5
2020 129.05
2019 112.18
2018 121.68

About LGI Homes Financial Statements

Investors use fundamental indicators, such as LGI Homes' Payables Turnover, to determine how well the company is positioned to perform in the future. Although LGI Homes' 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 57.45  53.00 

Currently Active Assets on Macroaxis

When determining whether LGI Homes offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of LGI Homes' 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 Lgi Homes Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lgi Homes Stock:
Check out the analysis of LGI Homes Correlation against competitors.
For more detail on how to invest in LGI Stock please use our How to Invest in LGI Homes guide.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Is Household Durables 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 LGI Homes. If investors know LGI 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 LGI Homes 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
0.039
Earnings Share
8.36
Revenue Per Share
95.936
Quarterly Revenue Growth
0.056
Return On Assets
0.0402
The market value of LGI Homes is measured differently than its book value, which is the value of LGI that is recorded on the company's balance sheet. Investors also form their own opinion of LGI Homes' value that differs from its market value or its book value, called intrinsic value, which is LGI Homes' 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 LGI Homes' market value can be influenced by many factors that don't directly affect LGI Homes' 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 LGI Homes' value and its price as these two are different measures arrived at by different means. Investors typically determine if LGI Homes is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LGI Homes' 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.