Where Payables Turnover from 2010 to 2024

WFCF Stock  USD 11.51  0.17  1.50%   
Where Food's Payables Turnover is decreasing over the last several years with very volatile swings. Payables Turnover is predicted to flatten to 20.11. Payables Turnover is a liquidity ratio that shows how quickly Where Food Comes pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
25.77248677
Current Value
20.11
Quarterly Volatility
9.40360552
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Where Food financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Where Food's main balance sheet or income statement drivers, such as Depreciation And Amortization of 665.7 K, Interest Expense of 4.8 K or Total Revenue of 15.8 M, as well as many indicators such as Price To Sales Ratio of 2.81, Dividend Yield of 0.0205 or PTB Ratio of 7.21. Where financial statements analysis is a perfect complement when working with Where Food Valuation or Volatility modules.
  
Check out the analysis of Where Food Correlation against competitors.

Latest Where Food's Payables Turnover Growth Pattern

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

Where Payables Turnover Regression Statistics

Arithmetic Mean19.70
Geometric Mean18.16
Coefficient Of Variation47.73
Mean Deviation6.07
Median18.58
Standard Deviation9.40
Sample Variance88.43
Range38.1923
R-Value(0.03)
Mean Square Error95.14
R-Squared0.0009
Significance0.91
Slope(0.06)
Total Sum of Squares1,238

Where Payables Turnover History

2024 20.11
2023 25.77
2022 22.46
2021 27.28
2020 17.18
2019 11.43
2018 18.84

About Where Food Financial Statements

Where Food stakeholders use historical fundamental indicators, such as Where Food's Payables Turnover, to determine how well the company is positioned to perform in the future. Although Where Food investors may analyze each financial statement separately, they are all interrelated. For example, changes in Where Food's assets and liabilities are reflected in the revenues and expenses on Where Food'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 Where Food Comes. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 25.77  20.11 

Currently Active Assets on Macroaxis

When determining whether Where Food Comes is a strong investment it is important to analyze Where Food's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Where Food's future performance. For an informed investment choice regarding Where Stock, refer to the following important reports:
Check out the analysis of Where Food Correlation against competitors.
You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
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 Where Food. If investors know Where 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 Where Food listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.36
Revenue Per Share
4.806
Quarterly Revenue Growth
0.044
Return On Assets
0.0984
Return On Equity
0.208
The market value of Where Food Comes is measured differently than its book value, which is the value of Where that is recorded on the company's balance sheet. Investors also form their own opinion of Where Food's value that differs from its market value or its book value, called intrinsic value, which is Where Food'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 Where Food's market value can be influenced by many factors that don't directly affect Where Food'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 Where Food's value and its price as these two are different measures arrived at by different means. Investors typically determine if Where Food is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Where Food'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.