ModivCare Average Payables from 2010 to 2024

MODV Stock  USD 17.76  0.03  0.17%   
ModivCare Average Payables yearly trend continues to be fairly stable with very little volatility. Average Payables will likely drop to about 4 M in 2024. Average Payables is the average amount owed to suppliers and creditors over a specific period, reflecting ModivCare's payment cycle and credit terms with suppliers. View All Fundamentals
 
Average Payables  
First Reported
2010-12-31
Previous Quarter
4.2 M
Current Value
M
Quarterly Volatility
6.3 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ModivCare financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ModivCare's main balance sheet or income statement drivers, such as Interest Expense of 72.6 M, Selling General Administrative of 289.3 M or Total Revenue of 2.9 B, as well as many indicators such as Price To Sales Ratio of 0.22, Dividend Yield of 0.0527 or PTB Ratio of 3.79. ModivCare financial statements analysis is a perfect complement when working with ModivCare Valuation or Volatility modules.
  
Check out the analysis of ModivCare Correlation against competitors.
For more information on how to buy ModivCare Stock please use our How to Invest in ModivCare guide.

Latest ModivCare's Average Payables Growth Pattern

Below is the plot of the Average Payables of ModivCare over the last few years. It is the average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers. ModivCare's Average Payables historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ModivCare's overall financial position and show how it may be relating to other accounts over time.
Average Payables10 Years Trend
Slightly volatile
   Average Payables   
       Timeline  

ModivCare Average Payables Regression Statistics

Arithmetic Mean5,374,722
Geometric Mean4,274,671
Coefficient Of Variation117.97
Mean Deviation3,054,856
Median3,674,544
Standard Deviation6,340,297
Sample Variance40.2T
Range24.6M
R-Value(0.42)
Mean Square Error35.7T
R-Squared0.18
Significance0.12
Slope(594,982)
Total Sum of Squares562.8T

ModivCare Average Payables History

2024M
20234.2 M
20113.7 M
201028.3 M

About ModivCare Financial Statements

ModivCare investors use historical fundamental indicators, such as ModivCare's Average Payables, 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 ModivCare. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Average Payables4.2 MM

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Additional Tools for ModivCare Stock Analysis

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