Molina Payables Turnover from 2010 to 2024

MOH Stock  USD 297.97  7.18  2.47%   
Molina Healthcare's Payables Turnover is increasing with stable movements from year to year. Payables Turnover is predicted to flatten to 23.50. Payables Turnover is a liquidity ratio that shows how quickly Molina Healthcare pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
23.75239617
Current Value
23.5
Quarterly Volatility
10.47150047
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Molina Healthcare financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Molina Healthcare's main balance sheet or income statement drivers, such as Depreciation And Amortization of 179.6 M, Interest Expense of 114.5 M or Total Revenue of 35.8 B, as well as many indicators such as Price To Sales Ratio of 0.58, Dividend Yield of 0.0 or PTB Ratio of 4.62. Molina financial statements analysis is a perfect complement when working with Molina Healthcare Valuation or Volatility modules.
  
Check out the analysis of Molina Healthcare Correlation against competitors.
For more detail on how to invest in Molina Stock please use our How to Invest in Molina Healthcare guide.

Latest Molina Healthcare's Payables Turnover Growth Pattern

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

Molina Payables Turnover Regression Statistics

Arithmetic Mean29.66
Geometric Mean27.14
Coefficient Of Variation35.30
Mean Deviation7.44
Median29.09
Standard Deviation10.47
Sample Variance109.65
Range43.5633
R-Value0.18
Mean Square Error114.06
R-Squared0.03
Significance0.51
Slope0.43
Total Sum of Squares1,535

Molina Payables Turnover History

2024 23.5
2023 23.75
2022 31.55
2021 29.09
2020 26.12
2019 28.67
2018 41.71

About Molina Healthcare Financial Statements

Investors use fundamental indicators, such as Molina Healthcare's Payables Turnover, to determine how well the company is positioned to perform in the future. Although Molina Healthcare's 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 23.75  23.50 

Currently Active Assets on Macroaxis

When determining whether Molina Healthcare offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Molina Healthcare's 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 Molina Healthcare Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Molina Healthcare Stock:
Check out the analysis of Molina Healthcare Correlation against competitors.
For more detail on how to invest in Molina Stock please use our How to Invest in Molina Healthcare guide.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Health Care Providers & 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 Molina Healthcare. If investors know Molina 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 Molina Healthcare 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
0.342
Earnings Share
19.66
Revenue Per Share
649.831
Quarterly Revenue Growth
0.174
Return On Assets
0.069
The market value of Molina Healthcare is measured differently than its book value, which is the value of Molina that is recorded on the company's balance sheet. Investors also form their own opinion of Molina Healthcare's value that differs from its market value or its book value, called intrinsic value, which is Molina Healthcare's 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 Molina Healthcare's market value can be influenced by many factors that don't directly affect Molina Healthcare's 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 Molina Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Molina Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Molina Healthcare's 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.