Methanex Payables Turnover from 2010 to 2024

MEOH Stock  USD 46.88  0.36  0.77%   
Methanex's Payables Turnover is decreasing with stable movements from year to year. Payables Turnover is estimated to finish at 5.63 this year. Payables Turnover is a liquidity ratio that shows how quickly Methanex pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
3.97487132
Current Value
5.63
Quarterly Volatility
1.28832311
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Methanex financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Methanex's main balance sheet or income statement drivers, such as Depreciation And Amortization of 419 M, Interest Expense of 123.2 M or Total Revenue of 2.3 B, as well as many indicators such as Price To Sales Ratio of 1.43, Dividend Yield of 0.0255 or PTB Ratio of 1.59. Methanex financial statements analysis is a perfect complement when working with Methanex Valuation or Volatility modules.
  
Check out the analysis of Methanex Correlation against competitors.
For more detail on how to invest in Methanex Stock please use our How to Invest in Methanex guide.

Latest Methanex's Payables Turnover Growth Pattern

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

Methanex Payables Turnover Regression Statistics

Arithmetic Mean4.61
Geometric Mean4.48
Coefficient Of Variation27.93
Mean Deviation0.92
Median3.99
Standard Deviation1.29
Sample Variance1.66
Range4.1156
R-Value(0.28)
Mean Square Error1.64
R-Squared0.08
Significance0.31
Slope(0.08)
Total Sum of Squares23.24

Methanex Payables Turnover History

2024 5.63
2023 3.97
2022 4.37
2021 3.99
2020 3.92
2019 4.66
2018 4.63

About Methanex Financial Statements

Investors use fundamental indicators, such as Methanex's Payables Turnover, to determine how well the company is positioned to perform in the future. Although Methanex'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 3.97  5.63 

Currently Active Assets on Macroaxis

When determining whether Methanex offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Methanex'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 Methanex Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Methanex Stock:
Check out the analysis of Methanex Correlation against competitors.
For more detail on how to invest in Methanex Stock please use our How to Invest in Methanex guide.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Is Commodity 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 Methanex. If investors know Methanex 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 Methanex 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
(0.02)
Dividend Share
0.74
Earnings Share
2.12
Revenue Per Share
54.81
Quarterly Revenue Growth
0.135
The market value of Methanex is measured differently than its book value, which is the value of Methanex that is recorded on the company's balance sheet. Investors also form their own opinion of Methanex's value that differs from its market value or its book value, called intrinsic value, which is Methanex'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 Methanex's market value can be influenced by many factors that don't directly affect Methanex'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 Methanex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Methanex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Methanex'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.