PBF Payables Turnover from 2010 to 2024

PBF Stock  USD 31.39  0.18  0.57%   
PBF Energy's Payables Turnover is decreasing over the last several years with very volatile swings. Payables Turnover is predicted to flatten to 32.39. Payables Turnover is a liquidity ratio that shows how quickly PBF Energy pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
37.46214807
Current Value
32.39
Quarterly Volatility
13.25169321
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check PBF Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among PBF Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 621.2 M, Interest Expense of 60.6 M or Total Revenue of 22.3 B, as well as many indicators such as Price To Sales Ratio of 0.14, Dividend Yield of 0.0183 or PTB Ratio of 0.89. PBF financial statements analysis is a perfect complement when working with PBF Energy Valuation or Volatility modules.
  
Check out the analysis of PBF Energy Correlation against competitors.
For more detail on how to invest in PBF Stock please use our How to Invest in PBF Energy guide.

Latest PBF Energy's Payables Turnover Growth Pattern

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

PBF Payables Turnover Regression Statistics

Arithmetic Mean39.95
Geometric Mean36.22
Coefficient Of Variation33.17
Mean Deviation9.70
Median39.24
Standard Deviation13.25
Sample Variance175.61
Range52.1092
R-Value(0)
Mean Square Error189.11
R-Squared0.00000819
Significance0.99
Slope(0.01)
Total Sum of Squares2,459

PBF Payables Turnover History

2024 32.39
2023 37.46
2022 49.32
2021 28.92
2020 41.14
2019 39.23
2018 54.43

About PBF Energy Financial Statements

PBF Energy stakeholders use historical fundamental indicators, such as PBF Energy's Payables Turnover, to determine how well the company is positioned to perform in the future. Although PBF Energy investors may analyze each financial statement separately, they are all interrelated. For example, changes in PBF Energy's assets and liabilities are reflected in the revenues and expenses on PBF Energy'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 PBF Energy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 37.46  32.39 

Currently Active Assets on Macroaxis

When determining whether PBF Energy is a strong investment it is important to analyze PBF Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact PBF Energy's future performance. For an informed investment choice regarding PBF Stock, refer to the following important reports:
Check out the analysis of PBF Energy Correlation against competitors.
For more detail on how to invest in PBF Stock please use our How to Invest in PBF Energy guide.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Oil & Gas Refining & Marketing 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 PBF Energy. If investors know PBF 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 PBF Energy 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
(0.70)
Dividend Share
1
Earnings Share
(2.34)
Revenue Per Share
295.208
Quarterly Revenue Growth
(0.22)
The market value of PBF Energy is measured differently than its book value, which is the value of PBF that is recorded on the company's balance sheet. Investors also form their own opinion of PBF Energy's value that differs from its market value or its book value, called intrinsic value, which is PBF Energy'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 PBF Energy's market value can be influenced by many factors that don't directly affect PBF Energy'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 PBF Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if PBF Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PBF Energy'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.