Standex Payables Turnover from 2010 to 2024

SXI Stock  USD 211.52  6.90  3.37%   
Standex International's Payables Turnover is decreasing with very volatile movements from year to year. Payables Turnover is estimated to finish at 9.56 this year. Payables Turnover is a liquidity ratio that shows how quickly Standex International pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
6.92244808
Current Value
9.56
Quarterly Volatility
1.66712665
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Standex International financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Standex International's main balance sheet or income statement drivers, such as Depreciation And Amortization of 18.1 M, Interest Expense of 2.4 M or Total Revenue of 673.4 M, as well as many indicators such as Price To Sales Ratio of 2.69, Dividend Yield of 0.0072 or PTB Ratio of 1.71. Standex financial statements analysis is a perfect complement when working with Standex International Valuation or Volatility modules.
  
Check out the analysis of Standex International Correlation against competitors.
For more detail on how to invest in Standex Stock please use our How to Invest in Standex International guide.

Latest Standex International's Payables Turnover Growth Pattern

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

Standex Payables Turnover Regression Statistics

Arithmetic Mean7.18
Geometric Mean7.02
Coefficient Of Variation23.22
Mean Deviation1.18
Median6.86
Standard Deviation1.67
Sample Variance2.78
Range5.9433
R-Value(0.07)
Mean Square Error2.98
R-Squared0
Significance0.80
Slope(0.03)
Total Sum of Squares38.91

Standex Payables Turnover History

2024 9.56
2023 6.92
2022 6.65
2021 6.25
2020 5.55
2019 7.09
2018 9.66

About Standex International Financial Statements

Investors use fundamental indicators, such as Standex International's Payables Turnover, to determine how well the company is positioned to perform in the future. Although Standex International's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Payables Turnover 6.92  9.56 

Currently Active Assets on Macroaxis

When determining whether Standex International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Standex International'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 Standex International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Standex International Stock:
Check out the analysis of Standex International Correlation against competitors.
For more detail on how to invest in Standex Stock please use our How to Invest in Standex International guide.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Industrial Machinery & Supplies & Components 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 Standex International. If investors know Standex 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 Standex International 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
6.613
Dividend Share
1.2
Earnings Share
6.14
Revenue Per Share
59.989
Quarterly Revenue Growth
0.266
The market value of Standex International is measured differently than its book value, which is the value of Standex that is recorded on the company's balance sheet. Investors also form their own opinion of Standex International's value that differs from its market value or its book value, called intrinsic value, which is Standex International'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 Standex International's market value can be influenced by many factors that don't directly affect Standex International'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 Standex International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Standex International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Standex International'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.