ONEOK Days Payables Outstanding from 2010 to 2024

OKE Stock  USD 113.60  1.01  0.90%   
ONEOK's Days Payables Outstanding is increasing over the years with slightly volatile fluctuation. Overall, Days Payables Outstanding is expected to go to 63.49 this year. During the period from 2010 to 2024 ONEOK Days Payables Outstanding annual values regression line had geometric mean of  41.99 and mean square error of  88.73. View All Fundamentals
 
Days Payables Outstanding  
First Reported
2010-12-31
Previous Quarter
44.95668609
Current Value
63.49
Quarterly Volatility
9.5471755
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ONEOK financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ONEOK's main balance sheet or income statement drivers, such as Interest Expense of 909.3 M, Total Revenue of 18.6 B or Gross Profit of 5.2 B, as well as many indicators such as Price To Sales Ratio of 2.02, Dividend Yield of 0.0402 or PTB Ratio of 1.96. ONEOK financial statements analysis is a perfect complement when working with ONEOK Valuation or Volatility modules.
  
Check out the analysis of ONEOK Correlation against competitors.

Latest ONEOK's Days Payables Outstanding Growth Pattern

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

ONEOK Days Payables Outstanding Regression Statistics

Arithmetic Mean42.94
Geometric Mean41.99
Coefficient Of Variation22.23
Mean Deviation6.70
Median41.86
Standard Deviation9.55
Sample Variance91.15
Range36.7294
R-Value0.31
Mean Square Error88.73
R-Squared0.1
Significance0.26
Slope0.66
Total Sum of Squares1,276

ONEOK Days Payables Outstanding History

2024 63.49
2023 44.96
2022 26.76
2021 37.76
2020 46.15
2019 60.79
2018 41.36

About ONEOK Financial Statements

ONEOK stakeholders use historical fundamental indicators, such as ONEOK's Days Payables Outstanding, to determine how well the company is positioned to perform in the future. Although ONEOK investors may analyze each financial statement separately, they are all interrelated. For example, changes in ONEOK's assets and liabilities are reflected in the revenues and expenses on ONEOK'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 ONEOK Inc. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Payables Outstanding 44.96  63.49 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether ONEOK Inc is a strong investment it is important to analyze ONEOK's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ONEOK's future performance. For an informed investment choice regarding ONEOK Stock, refer to the following important reports:
Check out the analysis of ONEOK Correlation against competitors.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Oil & Gas Storage & Transportation 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 ONEOK. If investors know ONEOK 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 ONEOK 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
0.192
Dividend Share
3.96
Earnings Share
4.72
Revenue Per Share
34.116
Quarterly Revenue Growth
0.199
The market value of ONEOK Inc is measured differently than its book value, which is the value of ONEOK that is recorded on the company's balance sheet. Investors also form their own opinion of ONEOK's value that differs from its market value or its book value, called intrinsic value, which is ONEOK'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 ONEOK's market value can be influenced by many factors that don't directly affect ONEOK'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 ONEOK's value and its price as these two are different measures arrived at by different means. Investors typically determine if ONEOK is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ONEOK'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.