Monroe Payables Turnover from 2010 to 2024

MRCC Stock  USD 8.40  0.24  2.78%   
Monroe Capital's Payables Turnover is increasing over the years with slightly volatile fluctuation. Overall, Payables Turnover is expected to go to 34.41 this year. Payables Turnover is a liquidity ratio that shows how quickly Monroe Capital Corp pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
32.7709637
Current Value
34.41
Quarterly Volatility
9.12859324
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Monroe Capital financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Monroe Capital's main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.3 M, Interest Expense of 11.1 M or Selling General Administrative of 3.3 M, as well as many indicators such as Price To Sales Ratio of 2.26, Dividend Yield of 0.088 or PTB Ratio of 0.94. Monroe financial statements analysis is a perfect complement when working with Monroe Capital Valuation or Volatility modules.
  
Check out the analysis of Monroe Capital Correlation against competitors.

Latest Monroe Capital's Payables Turnover Growth Pattern

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

Monroe Payables Turnover Regression Statistics

Arithmetic Mean11.56
Geometric Mean9.60
Coefficient Of Variation78.99
Mean Deviation5.88
Median9.58
Standard Deviation9.13
Sample Variance83.33
Range29.7659
R-Value0.45
Mean Square Error71.73
R-Squared0.20
Significance0.09
Slope0.91
Total Sum of Squares1,167

Monroe Payables Turnover History

2024 34.41
2023 32.77
2022 4.64
2021 6.16
2020 6.3
2019 7.64
2018 5.16

About Monroe Capital Financial Statements

Monroe Capital stakeholders use historical fundamental indicators, such as Monroe Capital's Payables Turnover, to determine how well the company is positioned to perform in the future. Although Monroe Capital investors may analyze each financial statement separately, they are all interrelated. For example, changes in Monroe Capital's assets and liabilities are reflected in the revenues and expenses on Monroe Capital's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Monroe Capital Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 32.77  34.41 

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When determining whether Monroe Capital Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Monroe Capital'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 Monroe Capital Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Monroe Capital Corp Stock:
Check out the analysis of Monroe Capital Correlation against competitors.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Is Asset Management & Custody Banks 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 Monroe Capital. If investors know Monroe 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 Monroe Capital 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
(0.05)
Earnings Share
0.61
Revenue Per Share
2.86
Quarterly Revenue Growth
(0.04)
Return On Assets
0.0545
The market value of Monroe Capital Corp is measured differently than its book value, which is the value of Monroe that is recorded on the company's balance sheet. Investors also form their own opinion of Monroe Capital's value that differs from its market value or its book value, called intrinsic value, which is Monroe Capital'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 Monroe Capital's market value can be influenced by many factors that don't directly affect Monroe Capital'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 Monroe Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Monroe Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Monroe Capital'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.