Mexco Days Of Payables Outstanding from 2010 to 2024

MXC Stock  USD 12.06  0.15  1.23%   
Mexco Energy's Days Of Payables Outstanding is decreasing over the years with slightly volatile fluctuation. Days Of Payables Outstanding is expected to dwindle to 18.84. During the period from 2010 to 2024 Mexco Energy Days Of Payables Outstanding annual values regression line had geometric mean of  34.20 and mean square error of  282.06. View All Fundamentals
 
Days Of Payables Outstanding  
First Reported
2010-12-31
Previous Quarter
19.83364969
Current Value
18.84
Quarterly Volatility
21.88191639
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Mexco Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mexco Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.1 M, Interest Expense of 5 K or Total Revenue of 3.6 M, as well as many indicators such as Price To Sales Ratio of 4.57, Dividend Yield of 0.0069 or PTB Ratio of 2.05. Mexco financial statements analysis is a perfect complement when working with Mexco Energy Valuation or Volatility modules.
  
Check out the analysis of Mexco Energy Correlation against competitors.
For information on how to trade Mexco Stock refer to our How to Trade Mexco Stock guide.

Latest Mexco Energy's Days Of Payables Outstanding Growth Pattern

Below is the plot of the Days Of Payables Outstanding of Mexco Energy over the last few years. It is Mexco Energy's Days Of Payables Outstanding historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Mexco Energy's overall financial position and show how it may be relating to other accounts over time.
Days Of Payables Outstanding10 Years Trend
Slightly volatile
   Days Of Payables Outstanding   
       Timeline  

Mexco Days Of Payables Outstanding Regression Statistics

Arithmetic Mean39.18
Geometric Mean34.20
Coefficient Of Variation55.85
Mean Deviation18.13
Median33.07
Standard Deviation21.88
Sample Variance478.82
Range63.1488
R-Value(0.67)
Mean Square Error282.06
R-Squared0.45
Significance0.01
Slope(3.29)
Total Sum of Squares6,703

Mexco Days Of Payables Outstanding History

2024 18.84
2023 19.83
2022 18.58
2021 27.02
2020 20.85
2019 22.55
2018 33.29

About Mexco Energy Financial Statements

Mexco Energy stakeholders use historical fundamental indicators, such as Mexco Energy's Days Of Payables Outstanding, to determine how well the company is positioned to perform in the future. Although Mexco Energy investors may analyze each financial statement separately, they are all interrelated. For example, changes in Mexco Energy's assets and liabilities are reflected in the revenues and expenses on Mexco Energy's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Mexco Energy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Of Payables Outstanding 19.83  18.84 

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When determining whether Mexco Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mexco Energy'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 Mexco Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mexco Energy Stock:
Check out the analysis of Mexco Energy Correlation against competitors.
For information on how to trade Mexco Stock refer to our How to Trade Mexco Stock guide.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Oil & Gas Exploration & Production 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 Mexco Energy. If investors know Mexco 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 Mexco Energy 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
0.25
Earnings Share
0.57
Revenue Per Share
3.313
Quarterly Revenue Growth
0.244
Return On Assets
0.0578
The market value of Mexco Energy is measured differently than its book value, which is the value of Mexco that is recorded on the company's balance sheet. Investors also form their own opinion of Mexco Energy's value that differs from its market value or its book value, called intrinsic value, which is Mexco Energy'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 Mexco Energy's market value can be influenced by many factors that don't directly affect Mexco Energy'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 Mexco Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mexco Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mexco Energy'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.