Small Payables Turnover from 2010 to 2024

RCC Stock  USD 24.46  0.10  0.41%   
Small Cap's Payables Turnover is increasing over the years with very volatile fluctuation. Overall, Payables Turnover is expected to go to 2.23 this year. Payables Turnover is a liquidity ratio that shows how quickly Small Cap Premium pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
1.4317188
Current Value
2.23
Quarterly Volatility
1.25524025
 
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Covid
Check Small Cap financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Small Cap's main balance sheet or income statement drivers, such as Depreciation And Amortization of 19.2 M, Interest Expense of 752.3 M or Selling General Administrative of 67.6 M, as well as many indicators such as Price To Sales Ratio of 1.25, Dividend Yield of 0.15 or PTB Ratio of 0.56. Small financial statements analysis is a perfect complement when working with Small Cap Valuation or Volatility modules.
  
Check out the analysis of Small Cap Correlation against competitors.

Latest Small Cap's Payables Turnover Growth Pattern

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

Small Payables Turnover Regression Statistics

Arithmetic Mean1.87
Geometric Mean1.56
Coefficient Of Variation67.13
Mean Deviation0.96
Median1.41
Standard Deviation1.26
Sample Variance1.58
Range4.0883
R-Value0.1
Mean Square Error1.68
R-Squared0.01
Significance0.73
Slope0.03
Total Sum of Squares22.06

Small Payables Turnover History

2024 2.23
2023 1.43
2022 1.15
2021 1.41
2020 2.01
2019 1.05
2018 1.16

About Small Cap Financial Statements

Small Cap stakeholders use historical fundamental indicators, such as Small Cap's Payables Turnover, to determine how well the company is positioned to perform in the future. Although Small Cap investors may analyze each financial statement separately, they are all interrelated. For example, changes in Small Cap's assets and liabilities are reflected in the revenues and expenses on Small Cap'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 Small Cap Premium. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 1.43  2.23 

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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 Small Cap Premium offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Small Cap'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 Small Cap Premium Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Small Cap Premium Stock:
Check out the analysis of Small Cap Correlation against competitors.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
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 Small Cap. If investors know Small 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 Small Cap listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Return On Equity
0.1426
The market value of Small Cap Premium is measured differently than its book value, which is the value of Small that is recorded on the company's balance sheet. Investors also form their own opinion of Small Cap's value that differs from its market value or its book value, called intrinsic value, which is Small Cap'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 Small Cap's market value can be influenced by many factors that don't directly affect Small Cap'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 Small Cap's value and its price as these two are different measures arrived at by different means. Investors typically determine if Small Cap is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Small Cap'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.