Six Payables Turnover from 2010 to 2025

FUN Stock  USD 37.46  1.36  3.50%   
Six Flags Payables Turnover yearly trend continues to be very stable with very little volatility. Payables Turnover is likely to drop to 2.06. Payables Turnover is a liquidity ratio that shows how quickly Six Flags Entertainment pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
2.17228366
Current Value
2.06
Quarterly Volatility
10.79076263
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Six Flags financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Six Flags' main balance sheet or income statement drivers, such as Depreciation And Amortization of 334 M, Interest Expense of 246.5 M or Total Revenue of 2.8 B, as well as many indicators such as Price To Sales Ratio of 2.88, Dividend Yield of 0.006 or PTB Ratio of 0.45. Six financial statements analysis is a perfect complement when working with Six Flags Valuation or Volatility modules.
  
Check out the analysis of Six Flags Correlation against competitors.

Latest Six Flags' Payables Turnover Growth Pattern

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

Six Payables Turnover Regression Statistics

Arithmetic Mean8.84
Geometric Mean5.54
Coefficient Of Variation122.05
Mean Deviation7.37
Median4.92
Standard Deviation10.79
Sample Variance116.44
Range38.713
R-Value(0.39)
Mean Square Error105.53
R-Squared0.15
Significance0.13
Slope(0.89)
Total Sum of Squares1,747

Six Payables Turnover History

2025 2.06
2024 2.17
2023 27.13
2022 2.99
2021 2.09
2020 1.96
2019 4.3

About Six Flags Financial Statements

Six Flags investors utilize fundamental indicators, such as Payables Turnover, to predict how Six Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Payables Turnover 2.17  2.06 
When determining whether Six Flags Entertainment offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Six Flags' 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 Six Flags Entertainment Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Six Flags Entertainment Stock:
Check out the analysis of Six Flags Correlation against competitors.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Hotels, Restaurants & Leisure 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 Six Flags. If investors know Six 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 Six Flags 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
(0.74)
Dividend Share
0.3
Earnings Share
2.4
Revenue Per Share
38.014
Quarterly Revenue Growth
0.601
The market value of Six Flags Entertainment is measured differently than its book value, which is the value of Six that is recorded on the company's balance sheet. Investors also form their own opinion of Six Flags' value that differs from its market value or its book value, called intrinsic value, which is Six Flags' 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 Six Flags' market value can be influenced by many factors that don't directly affect Six Flags' 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 Six Flags' value and its price as these two are different measures arrived at by different means. Investors typically determine if Six Flags is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Six Flags' 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.