Schnitzer Average Payables from 2010 to 2024

RDUS Stock  USD 20.21  0.47  2.38%   
Schnitzer Steel Average Payables yearly trend continues to be comparatively stable with very little volatility. Average Payables is likely to outpace its year average in 2024. Average Payables is the average amount owed to suppliers and creditors over a specific period, reflecting Schnitzer Steel's payment cycle and credit terms with suppliers. View All Fundamentals
 
Average Payables  
First Reported
2010-12-31
Previous Quarter
144.2 K
Current Value
151.4 K
Quarterly Volatility
40.2 K
 
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Covid
Check Schnitzer Steel financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Schnitzer Steel's main balance sheet or income statement drivers, such as Depreciation And Amortization of 108.4 M, Interest Expense of 22.4 M or Total Revenue of 3.5 B, as well as many indicators such as Price To Sales Ratio of 5.47, Dividend Yield of 0.0214 or Days Sales Outstanding of 46.12. Schnitzer financial statements analysis is a perfect complement when working with Schnitzer Steel Valuation or Volatility modules.
  
Check out the analysis of Schnitzer Steel Correlation against competitors.

Latest Schnitzer Steel's Average Payables Growth Pattern

Below is the plot of the Average Payables of Schnitzer Steel Industries over the last few years. It is the average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers. Schnitzer Steel's Average Payables historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Schnitzer Steel's overall financial position and show how it may be relating to other accounts over time.
Average Payables10 Years Trend
Slightly volatile
   Average Payables   
       Timeline  

Schnitzer Average Payables Regression Statistics

Arithmetic Mean148,090
Geometric Mean123,212
Coefficient Of Variation27.15
Mean Deviation19,779
Median160,178
Standard Deviation40,209
Sample Variance1.6B
Range156.5K
R-Value0.37
Mean Square Error1.5B
R-Squared0.14
Significance0.17
Slope3,349
Total Sum of Squares22.6B

Schnitzer Average Payables History

2024151.4 K
2023144.2 K
2011160.2 K
2010 3678.5

About Schnitzer Steel Financial Statements

Schnitzer Steel shareholders use historical fundamental indicators, such as Average Payables, to determine how well the company is positioned to perform in the future. Although Schnitzer Steel investors may analyze each financial statement separately, they are all interrelated. The changes in Schnitzer Steel's assets and liabilities, for example, are also reflected in the revenues and expenses on on Schnitzer Steel's 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
Average Payables144.2 K151.4 K

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Additional Tools for Schnitzer Stock Analysis

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