Meta Payables Turnover from 2010 to 2024

CASH Stock  USD 82.37  0.01  0.01%   
Meta Financial's Payables Turnover is decreasing with slightly volatile movements from year to year. Payables Turnover is estimated to finish at 54.53 this year. Payables Turnover is a liquidity ratio that shows how quickly Meta Financial Group pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
40.63
Current Value
54.53
Quarterly Volatility
9.59403904
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Meta Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Meta Financial's main balance sheet or income statement drivers, such as Depreciation And Amortization of 48.2 M, Interest Expense of 17.1 M or Selling General Administrative of 211.5 M, as well as many indicators such as Price To Sales Ratio of 2.65, Dividend Yield of 0.055 or PTB Ratio of 2.08. Meta financial statements analysis is a perfect complement when working with Meta Financial Valuation or Volatility modules.
  
Check out the analysis of Meta Financial Correlation against competitors.

Latest Meta Financial's Payables Turnover Growth Pattern

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

Meta Payables Turnover Regression Statistics

Arithmetic Mean43.19
Geometric Mean42.25
Coefficient Of Variation22.21
Mean Deviation8.73
Median35.33
Standard Deviation9.59
Sample Variance92.05
Range25.3643
R-Value(0.49)
Mean Square Error75.79
R-Squared0.24
Significance0.07
Slope(1.04)
Total Sum of Squares1,289

Meta Payables Turnover History

2024 54.53
2023 40.63
2015 35.33
2014 60.69
2013 48.7

About Meta Financial Financial Statements

Investors use fundamental indicators, such as Meta Financial's Payables Turnover, to determine how well the company is positioned to perform in the future. Although Meta Financial'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 40.63  54.53 

Currently Active Assets on Macroaxis

When determining whether Meta Financial Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Meta Financial'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 Meta Financial Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Meta Financial Group Stock:
Check out the analysis of Meta Financial Correlation against competitors.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Regional Banks 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 Meta Financial. If investors know Meta 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 Meta Financial 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
(0.01)
Earnings Share
6.62
Revenue Per Share
28.289
Quarterly Revenue Growth
0.124
Return On Assets
0.0225
The market value of Meta Financial Group is measured differently than its book value, which is the value of Meta that is recorded on the company's balance sheet. Investors also form their own opinion of Meta Financial's value that differs from its market value or its book value, called intrinsic value, which is Meta Financial'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 Meta Financial's market value can be influenced by many factors that don't directly affect Meta Financial'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 Meta Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Meta Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Meta Financial'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.