SPS Payables Turnover from 2010 to 2024

SPSC Stock  USD 187.59  1.27  0.68%   
SPS Commerce's Payables Turnover is increasing over the years with slightly volatile fluctuation. Payables Turnover is expected to dwindle to 12.66. Payables Turnover is a liquidity ratio that shows how quickly SPS Commerce pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
24.53760108
Current Value
12.66
Quarterly Volatility
6.03406471
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check SPS Commerce financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SPS Commerce's main balance sheet or income statement drivers, such as Depreciation And Amortization of 35 M, Interest Expense of 155.1 K or Selling General Administrative of 89.1 M, as well as many indicators such as Price To Sales Ratio of 13.89, Dividend Yield of 0.0 or PTB Ratio of 11.17. SPS financial statements analysis is a perfect complement when working with SPS Commerce Valuation or Volatility modules.
  
Check out the analysis of SPS Commerce Correlation against competitors.
For information on how to trade SPS Stock refer to our How to Trade SPS Stock guide.

Latest SPS Commerce's Payables Turnover Growth Pattern

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

SPS Payables Turnover Regression Statistics

Arithmetic Mean16.60
Geometric Mean15.46
Coefficient Of Variation36.34
Mean Deviation4.76
Median16.50
Standard Deviation6.03
Sample Variance36.41
Range22.2719
R-Value0.38
Mean Square Error33.44
R-Squared0.15
Significance0.16
Slope0.52
Total Sum of Squares509.74

SPS Payables Turnover History

2024 12.66
2023 24.54
2022 13.6
2021 15.81
2020 18.65
2019 21.58
2018 18.41

About SPS Commerce Financial Statements

SPS Commerce stakeholders use historical fundamental indicators, such as SPS Commerce's Payables Turnover, to determine how well the company is positioned to perform in the future. Although SPS Commerce investors may analyze each financial statement separately, they are all interrelated. For example, changes in SPS Commerce's assets and liabilities are reflected in the revenues and expenses on SPS Commerce'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 SPS Commerce. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 24.54  12.66 

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When determining whether SPS Commerce offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SPS Commerce'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 Sps Commerce Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sps Commerce Stock:
Check out the analysis of SPS Commerce Correlation against competitors.
For information on how to trade SPS Stock refer to our How to Trade SPS Stock guide.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Is Application Software 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 SPS Commerce. If investors know SPS 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 SPS Commerce 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
0.378
Earnings Share
2.09
Revenue Per Share
16.49
Quarterly Revenue Growth
0.207
Return On Assets
0.0607
The market value of SPS Commerce is measured differently than its book value, which is the value of SPS that is recorded on the company's balance sheet. Investors also form their own opinion of SPS Commerce's value that differs from its market value or its book value, called intrinsic value, which is SPS Commerce'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 SPS Commerce's market value can be influenced by many factors that don't directly affect SPS Commerce'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 SPS Commerce's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPS Commerce is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPS Commerce'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.