McKesson Payables Turnover from 2010 to 2024

MCK Stock  USD 628.50  2.12  0.34%   
McKesson Payables Turnover yearly trend continues to be quite stable with very little volatility. Payables Turnover may rise above 8.37 this year. Payables Turnover is a liquidity ratio that shows how quickly McKesson pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
6.2926938
Current Value
8.37
Quarterly Volatility
1.39950007
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check McKesson financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among McKesson's main balance sheet or income statement drivers, such as Depreciation And Amortization of 394.6 M, Interest Expense of 178.7 M or Selling General Administrative of 6.1 B, as well as many indicators such as Price To Sales Ratio of 0.23, Dividend Yield of 0.0042 or Days Sales Outstanding of 22.93. McKesson financial statements analysis is a perfect complement when working with McKesson Valuation or Volatility modules.
  
Check out the analysis of McKesson Correlation against competitors.
For more information on how to buy McKesson Stock please use our How to buy in McKesson Stock guide.

Latest McKesson's Payables Turnover Growth Pattern

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

McKesson Payables Turnover Regression Statistics

Arithmetic Mean6.80
Geometric Mean6.69
Coefficient Of Variation20.58
Mean Deviation0.91
Median6.28
Standard Deviation1.40
Sample Variance1.96
Range5.4412
R-Value(0.36)
Mean Square Error1.83
R-Squared0.13
Significance0.18
Slope(0.11)
Total Sum of Squares27.42

McKesson Payables Turnover History

2024 8.37
2023 6.29
2022 6.22
2021 6.59
2020 5.8
2019 5.89
2018 5.98

About McKesson Financial Statements

McKesson investors utilize fundamental indicators, such as Payables Turnover, to predict how McKesson 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 6.29  8.37 

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When determining whether McKesson is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if McKesson Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Mckesson Stock. Highlighted below are key reports to facilitate an investment decision about Mckesson Stock:
Check out the analysis of McKesson Correlation against competitors.
For more information on how to buy McKesson Stock please use our How to buy in McKesson Stock guide.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Health Care Providers & Services 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 McKesson. If investors know McKesson 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 McKesson 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
(0.62)
Dividend Share
2.57
Earnings Share
19.36
Revenue Per Share
2.5 K
Quarterly Revenue Growth
0.213
The market value of McKesson is measured differently than its book value, which is the value of McKesson that is recorded on the company's balance sheet. Investors also form their own opinion of McKesson's value that differs from its market value or its book value, called intrinsic value, which is McKesson'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 McKesson's market value can be influenced by many factors that don't directly affect McKesson'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 McKesson's value and its price as these two are different measures arrived at by different means. Investors typically determine if McKesson is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, McKesson'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.