Element Payables Turnover from 2010 to 2024

ESI Stock  USD 25.60  0.24  0.93%   
Element Solutions' Payables Turnover is increasing with slightly volatile movements from year to year. Payables Turnover is predicted to flatten to 8.14. Payables Turnover is a liquidity ratio that shows how quickly Element Solutions pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
10.06187767
Current Value
8.14
Quarterly Volatility
5.19954076
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Element Solutions financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Element Solutions' main balance sheet or income statement drivers, such as Depreciation And Amortization of 176.7 M, Interest Expense of 46.8 M or Total Revenue of 2.2 B, as well as many indicators such as Price To Sales Ratio of 1.41, Dividend Yield of 0.0132 or PTB Ratio of 1.37. Element financial statements analysis is a perfect complement when working with Element Solutions Valuation or Volatility modules.
  
Check out the analysis of Element Solutions Correlation against competitors.
For more detail on how to invest in Element Stock please use our How to Invest in Element Solutions guide.

Latest Element Solutions' Payables Turnover Growth Pattern

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

Element Payables Turnover Regression Statistics

Arithmetic Mean9.62
Geometric Mean8.52
Coefficient Of Variation54.04
Mean Deviation3.73
Median8.14
Standard Deviation5.20
Sample Variance27.04
Range18.6108
R-Value0.48
Mean Square Error22.33
R-Squared0.23
Significance0.07
Slope0.56
Total Sum of Squares378.49

Element Payables Turnover History

2024 8.14
2023 10.06
2022 22.05
2021 10.4
2020 11.17
2019 10.82
2018 11.13

About Element Solutions Financial Statements

Investors use fundamental indicators, such as Element Solutions' Payables Turnover, to determine how well the company is positioned to perform in the future. Although Element Solutions' 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 10.06  8.14 

Currently Active Assets on Macroaxis

When determining whether Element Solutions offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Element Solutions' 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 Element Solutions Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Element Solutions Stock:
Check out the analysis of Element Solutions Correlation against competitors.
For more detail on how to invest in Element Stock please use our How to Invest in Element Solutions guide.
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 Specialty Chemicals 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 Element Solutions. If investors know Element 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 Element Solutions 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
2.155
Dividend Share
0.32
Earnings Share
1.09
Revenue Per Share
9.949
Quarterly Revenue Growth
0.076
The market value of Element Solutions is measured differently than its book value, which is the value of Element that is recorded on the company's balance sheet. Investors also form their own opinion of Element Solutions' value that differs from its market value or its book value, called intrinsic value, which is Element Solutions' 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 Element Solutions' market value can be influenced by many factors that don't directly affect Element Solutions' 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 Element Solutions' value and its price as these two are different measures arrived at by different means. Investors typically determine if Element Solutions is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Element Solutions' 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.