Monster Payables Turnover from 2010 to 2024

MNST Stock  USD 53.98  0.28  0.52%   
Monster Beverage 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 Monster Beverage Corp pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
5.92832299
Current Value
9.01
Quarterly Volatility
1.39109978
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Monster Beverage financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Monster Beverage's main balance sheet or income statement drivers, such as Interest Expense of 120.9 M, Total Revenue of 7.5 B or Gross Profit of 4 B, as well as many indicators such as Price To Sales Ratio of 4.42, Dividend Yield of 0.0 or PTB Ratio of 4.82. Monster financial statements analysis is a perfect complement when working with Monster Beverage Valuation or Volatility modules.
  
Check out the analysis of Monster Beverage Correlation against competitors.

Latest Monster Beverage's Payables Turnover Growth Pattern

Below is the plot of the Payables Turnover of Monster Beverage Corp 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. Monster Beverage's Payables Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Monster Beverage'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  

Monster Payables Turnover Regression Statistics

Arithmetic Mean6.81
Geometric Mean6.68
Coefficient Of Variation20.42
Mean Deviation1.15
Median6.32
Standard Deviation1.39
Sample Variance1.94
Range4.3736
R-Value(0.03)
Mean Square Error2.08
R-Squared0.0006
Significance0.93
Slope(0.01)
Total Sum of Squares27.09

Monster Payables Turnover History

2024 9.01
2023 5.93
2022 7.06
2021 6.02
2020 6.32
2019 6.14
2018 6.08

About Monster Beverage Financial Statements

Monster Beverage shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although Monster Beverage investors may analyze each financial statement separately, they are all interrelated. The changes in Monster Beverage's assets and liabilities, for example, are also reflected in the revenues and expenses on on Monster Beverage's 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 5.93  9.01 

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Additional Tools for Monster Stock Analysis

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