Modiv Payables Turnover from 2010 to 2024

MDV Stock  USD 16.12  0.12  0.74%   
Modiv Payables Turnover yearly trend continues to be fairly stable with very little volatility. Payables Turnover will likely drop to 21.88 in 2024. Payables Turnover is a liquidity ratio that shows how quickly Modiv Inc pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
36.8120509
Current Value
21.88
Quarterly Volatility
13.47525493
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Modiv financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Modiv's main balance sheet or income statement drivers, such as Depreciation And Amortization of 18.8 M, Interest Expense of 18.4 M or Selling General Administrative of 7.6 M, as well as many indicators such as Price To Sales Ratio of 2.1, Dividend Yield of 0.12 or PTB Ratio of 1.22. Modiv financial statements analysis is a perfect complement when working with Modiv Valuation or Volatility modules.
  
Check out the analysis of Modiv Correlation against competitors.

Latest Modiv's Payables Turnover Growth Pattern

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

Modiv Payables Turnover Regression Statistics

Arithmetic Mean18.26
Geometric Mean14.77
Coefficient Of Variation73.79
Mean Deviation8.84
Median15.48
Standard Deviation13.48
Sample Variance181.58
Range53.7903
R-Value0.11
Mean Square Error193.28
R-Squared0.01
Significance0.70
Slope0.32
Total Sum of Squares2,542

Modiv Payables Turnover History

2024 21.88
2023 36.81
2022 8.89
2021 3.79
2020 6.16
2019 7.39
2018 57.58

About Modiv Financial Statements

Modiv investors use historical fundamental indicators, such as Modiv's Payables Turnover, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Modiv. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 36.81  21.88 

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Additional Tools for Modiv Stock Analysis

When running Modiv's price analysis, check to measure Modiv's 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 Modiv is operating at the current time. Most of Modiv's value examination focuses on studying past and present price action to predict the probability of Modiv's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Modiv's price. Additionally, you may evaluate how the addition of Modiv to your portfolios can decrease your overall portfolio volatility.