LZB Days Payables Outstanding from 2010 to 2024

LZB Stock  USD 45.14  0.12  0.27%   
La Z's Days Payables Outstanding is decreasing over the years with very volatile fluctuation. Days Payables Outstanding is expected to dwindle to 26.35. From 2010 to 2024 La Z Days Payables Outstanding quarterly data regression line had arithmetic mean of  32.04 and r-squared of  0.0005. View All Fundamentals
 
Days Payables Outstanding  
First Reported
2010-12-31
Previous Quarter
30.22025868
Current Value
26.35203929
Quarterly Volatility
4.67390008
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check La Z financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among La Z's main balance sheet or income statement drivers, such as Depreciation And Amortization of 130.8 M, Interest Expense of 629.1 K or Total Revenue of 1.5 B, as well as many indicators such as Price To Sales Ratio of 0.49, Dividend Yield of 0.024 or PTB Ratio of 1.43. LZB financial statements analysis is a perfect complement when working with La Z Valuation or Volatility modules.
  
Check out the analysis of La Z Correlation against competitors.

Latest La Z's Days Payables Outstanding Growth Pattern

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

LZB Days Payables Outstanding Regression Statistics

Arithmetic Mean32.04
Geometric Mean31.63
Coefficient Of Variation14.59
Mean Deviation3.37
Median34.57
Standard Deviation4.67
Sample Variance21.85
Range16.6531
R-Value(0.02)
Mean Square Error23.51
R-Squared0.0005
Significance0.94
Slope(0.02)
Total Sum of Squares305.83

LZB Days Payables Outstanding History

2024 26.35
2021 30.22
2011 34.57
2010 17.92

About La Z Financial Statements

La Z stakeholders use historical fundamental indicators, such as La Z's Days Payables Outstanding, to determine how well the company is positioned to perform in the future. Although La Z investors may analyze each financial statement separately, they are all interrelated. For example, changes in La Z's assets and liabilities are reflected in the revenues and expenses on La Z'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 La Z Boy Incorporated. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Payables Outstanding 30.22  26.35 

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When determining whether La Z Boy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of La Z'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 La Z Boy Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on La Z Boy Incorporated Stock:
Check out the analysis of La Z Correlation against competitors.
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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 La Z. If investors know LZB 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 La Z 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
(0.03)
Earnings Share
2.9
Revenue Per Share
48.399
Quarterly Revenue Growth
0.029
Return On Assets
0.0521
The market value of La Z Boy is measured differently than its book value, which is the value of LZB that is recorded on the company's balance sheet. Investors also form their own opinion of La Z's value that differs from its market value or its book value, called intrinsic value, which is La Z'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 La Z's market value can be influenced by many factors that don't directly affect La Z'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 La Z's value and its price as these two are different measures arrived at by different means. Investors typically determine if La Z is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, La Z'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.