Natural Payables Turnover from 2010 to 2024

NGS Stock  USD 27.23  1.32  5.09%   
Natural Gas Payables Turnover yearly trend continues to be comparatively stable with very little volatility. Payables Turnover will likely drop to 4.80 in 2024. Payables Turnover is a liquidity ratio that shows how quickly Natural Gas Services pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
5.04901293
Current Value
4.8
Quarterly Volatility
16.1883885
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Natural Gas financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Natural Gas' main balance sheet or income statement drivers, such as Depreciation And Amortization of 16.2 M, Interest Expense of 4.3 M or Selling General Administrative of 17.9 M, as well as many indicators such as Price To Sales Ratio of 2.21, Dividend Yield of 0.0011 or PTB Ratio of 1.53. Natural financial statements analysis is a perfect complement when working with Natural Gas Valuation or Volatility modules.
  
Check out the analysis of Natural Gas Correlation against competitors.

Latest Natural Gas' Payables Turnover Growth Pattern

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

Natural Payables Turnover Regression Statistics

Arithmetic Mean20.28
Geometric Mean15.26
Coefficient Of Variation79.81
Mean Deviation12.43
Median14.76
Standard Deviation16.19
Sample Variance262.06
Range50.4709
R-Value(0.09)
Mean Square Error279.79
R-Squared0.01
Significance0.74
Slope(0.34)
Total Sum of Squares3,669

Natural Payables Turnover History

2024 4.8
2023 5.05
2022 10.87
2021 14.76
2020 25.55
2019 34.22
2018 26.27

About Natural Gas Financial Statements

Natural Gas shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although Natural Gas investors may analyze each financial statement separately, they are all interrelated. The changes in Natural Gas' assets and liabilities, for example, are also reflected in the revenues and expenses on on Natural Gas' 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 5.05  4.80 

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Natural Stock Analysis

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