Marine Payables Turnover from 2010 to 2024

MPX Stock  USD 9.89  0.03  0.30%   
Marine Products Payables Turnover yearly trend continues to be fairly stable with very little volatility. Payables Turnover will likely drop to 46.84 in 2024. Payables Turnover is a liquidity ratio that shows how quickly Marine Products pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
48.3198814
Current Value
46.84
Quarterly Volatility
9.23021194
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Marine Products financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Marine Products' main balance sheet or income statement drivers, such as Interest Expense of 85.5 K, Total Revenue of 229.5 M or Gross Profit of 51 M, as well as many indicators such as Price To Sales Ratio of 1.24, Dividend Yield of 0.0528 or PTB Ratio of 3.01. Marine financial statements analysis is a perfect complement when working with Marine Products Valuation or Volatility modules.
  
Check out the analysis of Marine Products Correlation against competitors.
For more information on how to buy Marine Stock please use our How to Invest in Marine Products guide.

Latest Marine Products' Payables Turnover Growth Pattern

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

Marine Payables Turnover Regression Statistics

Arithmetic Mean38.88
Geometric Mean37.88
Coefficient Of Variation23.74
Mean Deviation7.15
Median38.69
Standard Deviation9.23
Sample Variance85.20
Range33.6266
R-Value0.44
Mean Square Error74.24
R-Squared0.19
Significance0.10
Slope0.90
Total Sum of Squares1,193

Marine Payables Turnover History

2024 46.84
2023 48.32
2022 34.82
2021 33.93
2020 30.63
2019 58.35
2018 49.71

About Marine Products Financial Statements

Marine Products investors use historical fundamental indicators, such as Marine Products' Payables Turnover, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Marine Products. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 48.32  46.84 

Also Currently Popular

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.

Additional Tools for Marine Stock Analysis

When running Marine Products' price analysis, check to measure Marine Products' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Marine Products is operating at the current time. Most of Marine Products' value examination focuses on studying past and present price action to predict the probability of Marine Products' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Marine Products' price. Additionally, you may evaluate how the addition of Marine Products to your portfolios can decrease your overall portfolio volatility.