Source Payables Turnover from 2010 to 2026

SHLE Stock  CAD 15.72  0.53  3.49%   
Source Energy Payables Turnover yearly trend continues to be very stable with very little volatility. Payables Turnover is likely to grow to 5.22 this year. Payables Turnover is a liquidity ratio that shows how quickly Source Energy Services pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
5.19
Current Value
5.22
Quarterly Volatility
1.62312795
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Source Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Source Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 34.4 M, Interest Expense of 27.1 M or Selling General Administrative of 26.7 M, as well as many indicators such as Price To Sales Ratio of 0.36, Dividend Yield of 0.0053 or PTB Ratio of 1.09. Source financial statements analysis is a perfect complement when working with Source Energy Valuation or Volatility modules.
  
This module can also supplement various Source Energy Technical models . Check out the analysis of Source Energy Correlation against competitors.

Latest Source Energy's Payables Turnover Growth Pattern

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

Source Payables Turnover Regression Statistics

Arithmetic Mean5.88
Geometric Mean5.70
Coefficient Of Variation27.60
Mean Deviation1.21
Median5.23
Standard Deviation1.62
Sample Variance2.63
Range5.1644
R-Value0.37
Mean Square Error2.42
R-Squared0.14
Significance0.14
Slope0.12
Total Sum of Squares42.15

Source Payables Turnover History

2026 5.22
2025 5.19
2024 5.76
2023 6.53
2022 5.23
2021 9.56
2020 6.78

About Source Energy Financial Statements

Source Energy investors utilize fundamental indicators, such as Payables Turnover, to predict how Source 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 5.19  5.22 

Other Information on Investing in Source Stock

Source Energy financial ratios help investors to determine whether Source Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Source with respect to the benefits of owning Source Energy security.