Meritage Payables Turnover from 2010 to 2025

MTH Stock  USD 76.58  0.59  0.76%   
Meritage's Payables Turnover is increasing with very volatile movements from year to year. Payables Turnover is estimated to finish at 16.09 this year. Payables Turnover is a liquidity ratio that shows how quickly Meritage pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
15.3
Current Value
16.09
Quarterly Volatility
3.74801218
 
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Check Meritage financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Meritage's main balance sheet or income statement drivers, such as Interest Expense of 0.0, Total Revenue of 6.7 B or Gross Profit of 1.7 B, as well as many indicators such as Price To Sales Ratio of 0.42, Dividend Yield of 0.037 or PTB Ratio of 0.51. Meritage financial statements analysis is a perfect complement when working with Meritage Valuation or Volatility modules.
  
Check out the analysis of Meritage Correlation against competitors.
For more detail on how to invest in Meritage Stock please use our How to Invest in Meritage guide.

Latest Meritage's Payables Turnover Growth Pattern

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

Meritage Payables Turnover Regression Statistics

Arithmetic Mean17.90
Geometric Mean17.30
Coefficient Of Variation20.94
Mean Deviation2.45
Median19.08
Standard Deviation3.75
Sample Variance14.05
Range16.6689
R-Value0.04
Mean Square Error15.03
R-Squared0
Significance0.88
Slope0.03
Total Sum of Squares210.71

Meritage Payables Turnover History

2025 16.09
2024 15.3
2023 17.0
2022 16.45
2021 17.18
2020 20.14
2019 19.21

About Meritage Financial Statements

Investors use fundamental indicators, such as Meritage's Payables Turnover, to determine how well the company is positioned to perform in the future. Although Meritage'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 15.30  16.09 

Currently Active Assets on Macroaxis

When determining whether Meritage offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Meritage'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 Meritage Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Meritage Stock:
Check out the analysis of Meritage Correlation against competitors.
For more detail on how to invest in Meritage Stock please use our How to Invest in Meritage guide.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Household Durables 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 Meritage. If investors know Meritage 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 Meritage 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
(0.11)
Earnings Share
10.72
Revenue Per Share
177.112
Quarterly Revenue Growth
(0.01)
Return On Assets
0.0938
The market value of Meritage is measured differently than its book value, which is the value of Meritage that is recorded on the company's balance sheet. Investors also form their own opinion of Meritage's value that differs from its market value or its book value, called intrinsic value, which is Meritage'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 Meritage's market value can be influenced by many factors that don't directly affect Meritage'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 Meritage's value and its price as these two are different measures arrived at by different means. Investors typically determine if Meritage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Meritage'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.