Shutterstock Payables Turnover from 2010 to 2024

SSTK Stock  USD 32.10  1.12  3.62%   
Shutterstock Payables Turnover yearly trend continues to be quite stable with very little volatility. The value of Payables Turnover is projected to decrease to 31.45. Payables Turnover is a liquidity ratio that shows how quickly Shutterstock pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
39.2654809
Current Value
31.45
Quarterly Volatility
22.28923762
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Shutterstock financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Shutterstock's main balance sheet or income statement drivers, such as Depreciation And Amortization of 83.7 M, Interest Expense of 1.8 M or Selling General Administrative of 78.7 M, as well as many indicators such as Price To Sales Ratio of 1.88, Dividend Yield of 0.0429 or PTB Ratio of 3.6. Shutterstock financial statements analysis is a perfect complement when working with Shutterstock Valuation or Volatility modules.
  
Check out the analysis of Shutterstock Correlation against competitors.
For more information on how to buy Shutterstock Stock please use our How to buy in Shutterstock Stock guide.

Latest Shutterstock's Payables Turnover Growth Pattern

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

Shutterstock Payables Turnover Regression Statistics

Arithmetic Mean38.79
Geometric Mean34.91
Coefficient Of Variation57.47
Mean Deviation14.68
Median31.45
Standard Deviation22.29
Sample Variance496.81
Range84.5308
R-Value0.17
Mean Square Error519.73
R-Squared0.03
Significance0.55
Slope0.84
Total Sum of Squares6,955

Shutterstock Payables Turnover History

2024 31.45
2023 39.27
2022 43.76
2021 27.51
2020 106.3
2019 45.57
2018 37.11

About Shutterstock Financial Statements

Shutterstock investors utilize fundamental indicators, such as Payables Turnover, to predict how Shutterstock 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 39.27  31.45 

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Shutterstock is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Shutterstock Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Shutterstock Stock. Highlighted below are key reports to facilitate an investment decision about Shutterstock Stock:
Check out the analysis of Shutterstock Correlation against competitors.
For more information on how to buy Shutterstock Stock please use our How to buy in Shutterstock Stock guide.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Interactive Media & Services 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 Shutterstock. If investors know Shutterstock 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 Shutterstock 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
(0.37)
Dividend Share
1.17
Earnings Share
1.02
Revenue Per Share
25.385
Quarterly Revenue Growth
0.074
The market value of Shutterstock is measured differently than its book value, which is the value of Shutterstock that is recorded on the company's balance sheet. Investors also form their own opinion of Shutterstock's value that differs from its market value or its book value, called intrinsic value, which is Shutterstock'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 Shutterstock's market value can be influenced by many factors that don't directly affect Shutterstock'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 Shutterstock's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shutterstock is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shutterstock'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.