Sacks Payables Turnover from 2010 to 2024

SPGC Stock   1.63  0.01  0.62%   
Sacks Parente's Payables Turnover is increasing over the years with stable fluctuation. Payables Turnover is expected to dwindle to 0.54. Payables Turnover is a liquidity ratio that shows how quickly Sacks Parente Golf, pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
0.56608479
Current Value
0.54
Quarterly Volatility
4.76785969
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Sacks Parente financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sacks Parente's main balance sheet or income statement drivers, such as Net Interest Income of 8.4 K, Depreciation And Amortization of 55.1 K or Interest Expense of 8.4 M, as well as many indicators such as Price To Sales Ratio of 22.88, Dividend Yield of 0.0 or PTB Ratio of 1.52. Sacks financial statements analysis is a perfect complement when working with Sacks Parente Valuation or Volatility modules.
  
Check out the analysis of Sacks Parente Correlation against competitors.

Latest Sacks Parente's Payables Turnover Growth Pattern

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

Sacks Payables Turnover Regression Statistics

Arithmetic Mean2.11
Geometric Mean1.06
Coefficient Of Variation226.35
Mean Deviation2.30
Median0.91
Standard Deviation4.77
Sample Variance22.73
Range18.7933
R-Value0.23
Mean Square Error23.13
R-Squared0.06
Significance0.40
Slope0.25
Total Sum of Squares318.25

Sacks Payables Turnover History

2024 0.54
2023 0.57
2022 1.13
2021 19.33

About Sacks Parente Financial Statements

Sacks Parente stakeholders use historical fundamental indicators, such as Sacks Parente's Payables Turnover, to determine how well the company is positioned to perform in the future. Although Sacks Parente investors may analyze each financial statement separately, they are all interrelated. For example, changes in Sacks Parente's assets and liabilities are reflected in the revenues and expenses on Sacks Parente'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 Sacks Parente Golf,. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 0.57  0.54 

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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 Sacks Parente Golf, offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sacks Parente'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 Sacks Parente Golf, Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sacks Parente Golf, Stock:
Check out the analysis of Sacks Parente Correlation against competitors.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Leisure Products 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 Sacks Parente. If investors know Sacks 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 Sacks Parente listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(3.70)
Revenue Per Share
0.973
Quarterly Revenue Growth
16.298
Return On Assets
(1.41)
Return On Equity
(17.71)
The market value of Sacks Parente Golf, is measured differently than its book value, which is the value of Sacks that is recorded on the company's balance sheet. Investors also form their own opinion of Sacks Parente's value that differs from its market value or its book value, called intrinsic value, which is Sacks Parente'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 Sacks Parente's market value can be influenced by many factors that don't directly affect Sacks Parente'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 Sacks Parente's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sacks Parente is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sacks Parente'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.