CMS Payables Turnover from 2010 to 2024

CMSA Stock  USD 24.78  0.03  0.12%   
CMS Energy's Payables Turnover is increasing over the years with slightly volatile fluctuation. Overall, Payables Turnover is expected to go to 5.97 this year. Payables Turnover is a liquidity ratio that shows how quickly CMS Energy Corp pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
5.68603214
Current Value
5.97
Quarterly Volatility
11.46998418
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check CMS Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CMS Energy's main balance sheet or income statement drivers, such as Total Revenue of 6.3 B, Gross Profit of 2.4 B or Operating Income of 1 B, as well as many indicators such as Price To Sales Ratio of 1.13, Dividend Yield of 0.0454 or PTB Ratio of 1.67. CMS financial statements analysis is a perfect complement when working with CMS Energy Valuation or Volatility modules.
  
Check out the analysis of CMS Energy Correlation against competitors.
For information on how to trade CMS Stock refer to our How to Trade CMS Stock guide.

Latest CMS Energy's Payables Turnover Growth Pattern

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

CMS Payables Turnover Regression Statistics

Arithmetic Mean3.54
Coefficient Of Variation324.32
Mean Deviation5.80
Median6.70
Standard Deviation11.47
Sample Variance131.56
Range45.8094
R-Value0.38
Mean Square Error120.69
R-Squared0.15
Significance0.16
Slope0.99
Total Sum of Squares1,842

CMS Payables Turnover History

2024 5.97
2023 5.69
2022 0.97
2021 6.54
2020 7.23
2019 8.3
2018 7.38

About CMS Energy Financial Statements

CMS Energy stakeholders use historical fundamental indicators, such as CMS Energy's Payables Turnover, to determine how well the company is positioned to perform in the future. Although CMS Energy investors may analyze each financial statement separately, they are all interrelated. For example, changes in CMS Energy's assets and liabilities are reflected in the revenues and expenses on CMS Energy'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 CMS Energy Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 5.69  5.97 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether CMS Energy Corp is a strong investment it is important to analyze CMS Energy'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 CMS Energy's future performance. For an informed investment choice regarding CMS Stock, refer to the following important reports:
Check out the analysis of CMS Energy Correlation against competitors.
For information on how to trade CMS Stock refer to our How to Trade CMS Stock guide.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Electric Utilities 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 CMS Energy. If investors know CMS 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 CMS Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share
1.355
The market value of CMS Energy Corp is measured differently than its book value, which is the value of CMS that is recorded on the company's balance sheet. Investors also form their own opinion of CMS Energy's value that differs from its market value or its book value, called intrinsic value, which is CMS Energy'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 CMS Energy's market value can be influenced by many factors that don't directly affect CMS Energy'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 CMS Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if CMS Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CMS Energy'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.