Mastech Payables Turnover from 2010 to 2024

MHH Stock  USD 15.82  1.44  10.01%   
Mastech Holdings' Payables Turnover is decreasing with stable movements from year to year. Payables Turnover is predicted to flatten to 30.22. Payables Turnover is a liquidity ratio that shows how quickly Mastech Holdings pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
32.20905774
Current Value
30.22
Quarterly Volatility
10.58175566
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Mastech Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mastech Holdings' main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.1 M, Interest Expense of 504.2 K or Selling General Administrative of 16.7 M, as well as many indicators such as Price To Sales Ratio of 0.3, Dividend Yield of 0.0395 or PTB Ratio of 1.78. Mastech financial statements analysis is a perfect complement when working with Mastech Holdings Valuation or Volatility modules.
  
Check out the analysis of Mastech Holdings Correlation against competitors.
For more detail on how to invest in Mastech Stock please use our How to Invest in Mastech Holdings guide.

Latest Mastech Holdings' Payables Turnover Growth Pattern

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

Mastech Payables Turnover Regression Statistics

Arithmetic Mean39.54
Geometric Mean38.29
Coefficient Of Variation26.76
Mean Deviation8.39
Median36.15
Standard Deviation10.58
Sample Variance111.97
Range38.1319
R-Value(0.20)
Mean Square Error115.64
R-Squared0.04
Significance0.47
Slope(0.48)
Total Sum of Squares1,568

Mastech Payables Turnover History

2024 30.22
2023 32.21
2022 40.01
2021 32.82
2020 55.06
2019 36.15
2018 32.62

About Mastech Holdings Financial Statements

Investors use fundamental indicators, such as Mastech Holdings' Payables Turnover, to determine how well the company is positioned to perform in the future. Although Mastech Holdings' 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 32.21  30.22 

Currently Active Assets on Macroaxis

When determining whether Mastech Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mastech Holdings' 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 Mastech Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mastech Holdings Stock:
Check out the analysis of Mastech Holdings Correlation against competitors.
For more detail on how to invest in Mastech Stock please use our How to Invest in Mastech Holdings guide.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Human Resource & Employment Services 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 Mastech Holdings. If investors know Mastech 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 Mastech Holdings 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
15
Earnings Share
(0.20)
Revenue Per Share
16.688
Quarterly Revenue Growth
0.085
Return On Assets
0.0254
The market value of Mastech Holdings is measured differently than its book value, which is the value of Mastech that is recorded on the company's balance sheet. Investors also form their own opinion of Mastech Holdings' value that differs from its market value or its book value, called intrinsic value, which is Mastech Holdings' 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 Mastech Holdings' market value can be influenced by many factors that don't directly affect Mastech Holdings' 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 Mastech Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Mastech Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mastech Holdings' 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.