Penumbra Payables Turnover from 2010 to 2024

PEN Stock  USD 244.84  4.35  1.81%   
Penumbra Payables Turnover yearly trend continues to be very stable with very little volatility. Payables Turnover is likely to grow to 19.76 this year. Payables Turnover is a liquidity ratio that shows how quickly Penumbra pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
13.84198122
Current Value
19.76
Quarterly Volatility
4.42766119
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Penumbra financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Penumbra's main balance sheet or income statement drivers, such as Interest Expense of 1.7 M, Total Revenue of 1.1 B or Gross Profit of 716.8 M, as well as many indicators such as Price To Sales Ratio of 7.88, Dividend Yield of 0.0 or PTB Ratio of 8.6. Penumbra financial statements analysis is a perfect complement when working with Penumbra Valuation or Volatility modules.
  
Check out the analysis of Penumbra Correlation against competitors.
To learn how to invest in Penumbra Stock, please use our How to Invest in Penumbra guide.

Latest Penumbra's Payables Turnover Growth Pattern

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

Penumbra Payables Turnover Regression Statistics

Arithmetic Mean19.21
Geometric Mean18.67
Coefficient Of Variation23.05
Mean Deviation3.66
Median19.76
Standard Deviation4.43
Sample Variance19.60
Range12.557
R-Value(0.70)
Mean Square Error10.71
R-Squared0.49
Significance0
Slope(0.70)
Total Sum of Squares274.46

Penumbra Payables Turnover History

2024 19.76
2023 13.84
2022 11.69
2021 20.28
2020 15.75
2019 11.61
2018 18.64

About Penumbra Financial Statements

Penumbra investors utilize fundamental indicators, such as Payables Turnover, to predict how Penumbra Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Payables Turnover 13.84  19.76 
When determining whether Penumbra offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Penumbra'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 Penumbra Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Penumbra Stock:
Check out the analysis of Penumbra Correlation against competitors.
To learn how to invest in Penumbra Stock, please use our How to Invest in Penumbra guide.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Health Care Equipment & Supplies 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 Penumbra. If investors know Penumbra 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 Penumbra 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
2.261
Earnings Share
0.87
Revenue Per Share
30.081
Quarterly Revenue Growth
0.111
Return On Assets
0.0333
The market value of Penumbra is measured differently than its book value, which is the value of Penumbra that is recorded on the company's balance sheet. Investors also form their own opinion of Penumbra's value that differs from its market value or its book value, called intrinsic value, which is Penumbra'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 Penumbra's market value can be influenced by many factors that don't directly affect Penumbra'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 Penumbra's value and its price as these two are different measures arrived at by different means. Investors typically determine if Penumbra is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Penumbra'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.