Mueller Payables Turnover from 2010 to 2024

MWA Stock  USD 24.78  0.15  0.60%   
Mueller Water's Payables Turnover is decreasing over the years with stable fluctuation. Overall, Payables Turnover is expected to go to 9.77 this year. Payables Turnover is a liquidity ratio that shows how quickly Mueller Water 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
7.78616924
Current Value
9.77
Quarterly Volatility
1.45871742
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Mueller Water financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mueller Water's main balance sheet or income statement drivers, such as Interest Expense of 12.1 M, Selling General Administrative of 227 M or Total Revenue of 964.8 M, as well as many indicators such as Price To Sales Ratio of 2.7, Dividend Yield of 0.0112 or PTB Ratio of 2.18. Mueller financial statements analysis is a perfect complement when working with Mueller Water Valuation or Volatility modules.
  
Check out the analysis of Mueller Water Correlation against competitors.

Latest Mueller Water's Payables Turnover Growth Pattern

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

Mueller Payables Turnover Regression Statistics

Arithmetic Mean8.30
Geometric Mean8.20
Coefficient Of Variation17.57
Mean Deviation1.04
Median7.98
Standard Deviation1.46
Sample Variance2.13
Range5.685
R-Value(0.19)
Mean Square Error2.21
R-Squared0.03
Significance0.51
Slope(0.06)
Total Sum of Squares29.79

Mueller Payables Turnover History

2024 9.77
2023 7.79
2022 8.71
2021 7.19
2020 8.18
2019 9.45
2018 7.65

About Mueller Water Financial Statements

Mueller Water stakeholders use historical fundamental indicators, such as Mueller Water's Payables Turnover, to determine how well the company is positioned to perform in the future. Although Mueller Water investors may analyze each financial statement separately, they are all interrelated. For example, changes in Mueller Water's assets and liabilities are reflected in the revenues and expenses on Mueller Water'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 Mueller Water Products. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 7.79  9.77 

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When determining whether Mueller Water Products offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mueller Water'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 Mueller Water Products Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mueller Water Products Stock:
Check out the analysis of Mueller Water Correlation against competitors.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Industrial Machinery & Supplies & Components 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 Mueller Water. If investors know Mueller 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 Mueller Water 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
(0.45)
Dividend Share
0.256
Earnings Share
0.74
Revenue Per Share
8.433
Quarterly Revenue Growth
0.155
The market value of Mueller Water Products is measured differently than its book value, which is the value of Mueller that is recorded on the company's balance sheet. Investors also form their own opinion of Mueller Water's value that differs from its market value or its book value, called intrinsic value, which is Mueller Water'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 Mueller Water's market value can be influenced by many factors that don't directly affect Mueller Water'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 Mueller Water's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mueller Water is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mueller Water'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.