Owens Payables Turnover from 2010 to 2024

OMI Stock  USD 13.65  1.30  10.53%   
Owens Minor's Payables Turnover is decreasing with slightly volatile movements from year to year. Payables Turnover is estimated to finish at 11.95 this year. Payables Turnover is a liquidity ratio that shows how quickly Owens Minor pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
7.00480594
Current Value
11.95
Quarterly Volatility
2.45721803
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Owens Minor financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Owens Minor's main balance sheet or income statement drivers, such as Depreciation And Amortization of 301.7 M, Interest Expense of 165.8 M or Total Revenue of 5.9 B, as well as many indicators such as Price To Sales Ratio of 0.14, Dividend Yield of 2.0E-4 or PTB Ratio of 2.22. Owens financial statements analysis is a perfect complement when working with Owens Minor Valuation or Volatility modules.
  
Check out the analysis of Owens Minor Correlation against competitors.
For more detail on how to invest in Owens Stock please use our How to Invest in Owens Minor guide.

Latest Owens Minor's Payables Turnover Growth Pattern

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

Owens Payables Turnover Regression Statistics

Arithmetic Mean10.26
Geometric Mean9.97
Coefficient Of Variation23.96
Mean Deviation2.16
Median10.00
Standard Deviation2.46
Sample Variance6.04
Range6.5786
R-Value(0.63)
Mean Square Error3.91
R-Squared0.40
Significance0.01
Slope(0.35)
Total Sum of Squares84.53

Owens Payables Turnover History

2024 11.95
2023 7.0
2022 7.08
2021 8.26
2020 7.2
2019 10.0
2018 7.95

About Owens Minor Financial Statements

Investors use fundamental indicators, such as Owens Minor's Payables Turnover, to determine how well the company is positioned to perform in the future. Although Owens Minor'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 7.00  11.95 

Currently Active Assets on Macroaxis

When determining whether Owens Minor offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Owens Minor'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 Owens Minor Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Owens Minor Stock:
Check out the analysis of Owens Minor Correlation against competitors.
For more detail on how to invest in Owens Stock please use our How to Invest in Owens Minor guide.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
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 Owens Minor. If investors know Owens 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 Owens Minor 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
(0.72)
Earnings Share
(0.63)
Revenue Per Share
139.342
Quarterly Revenue Growth
0.05
Return On Assets
0.0402
The market value of Owens Minor is measured differently than its book value, which is the value of Owens that is recorded on the company's balance sheet. Investors also form their own opinion of Owens Minor's value that differs from its market value or its book value, called intrinsic value, which is Owens Minor'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 Owens Minor's market value can be influenced by many factors that don't directly affect Owens Minor'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 Owens Minor's value and its price as these two are different measures arrived at by different means. Investors typically determine if Owens Minor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Owens Minor'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.