MDU Payables Turnover from 2010 to 2024

MDU Stock  USD 20.16  0.03  0.15%   
MDU Resources Payables Turnover yearly trend continues to be comparatively stable with very little volatility. Payables Turnover is likely to outpace its year average in 2024. Payables Turnover is a liquidity ratio that shows how quickly MDU Resources Group pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
16.29699931
Current Value
17.11
Quarterly Volatility
3.65580342
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check MDU Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MDU Resources' main balance sheet or income statement drivers, such as Interest Expense of 120 M, Total Revenue of 3 B or Gross Profit of 590.9 M, as well as many indicators such as Price To Sales Ratio of 0.46, Dividend Yield of 0.0927 or PTB Ratio of 0.55. MDU financial statements analysis is a perfect complement when working with MDU Resources Valuation or Volatility modules.
  
Check out the analysis of MDU Resources Correlation against competitors.

Latest MDU Resources' Payables Turnover Growth Pattern

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

MDU Payables Turnover Regression Statistics

Arithmetic Mean10.75
Geometric Mean9.95
Coefficient Of Variation34.01
Mean Deviation2.45
Median10.92
Standard Deviation3.66
Sample Variance13.36
Range14.2969
R-Value0.72
Mean Square Error6.91
R-Squared0.52
Significance0
Slope0.59
Total Sum of Squares187.11

MDU Payables Turnover History

2024 17.11
2023 16.3
2022 11.09
2021 9.68
2020 10.52
2019 10.92
2018 10.44

About MDU Resources Financial Statements

MDU Resources shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although MDU Resources investors may analyze each financial statement separately, they are all interrelated. The changes in MDU Resources' assets and liabilities, for example, are also reflected in the revenues and expenses on on MDU Resources' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Payables Turnover 16.30  17.11 

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Additional Tools for MDU Stock Analysis

When running MDU Resources' price analysis, check to measure MDU Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MDU Resources is operating at the current time. Most of MDU Resources' value examination focuses on studying past and present price action to predict the probability of MDU Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MDU Resources' price. Additionally, you may evaluate how the addition of MDU Resources to your portfolios can decrease your overall portfolio volatility.