RPC Payables Turnover from 2010 to 2024

RES Stock  USD 6.44  0.02  0.31%   
RPC Payables Turnover yearly trend continues to be comparatively stable with very little volatility. Payables Turnover will likely drop to 8.67 in 2024. Payables Turnover is a liquidity ratio that shows how quickly RPC Inc pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
14.08394092
Current Value
8.67
Quarterly Volatility
3.20777268
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check RPC financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among RPC's main balance sheet or income statement drivers, such as Depreciation And Amortization of 80.2 M, Interest Expense of 323.9 K or Total Revenue of 1.7 B, as well as many indicators such as Price To Sales Ratio of 1.18, Dividend Yield of 0.0138 or PTB Ratio of 1.93. RPC financial statements analysis is a perfect complement when working with RPC Valuation or Volatility modules.
  
Check out the analysis of RPC Correlation against competitors.

Latest RPC's Payables Turnover Growth Pattern

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

RPC Payables Turnover Regression Statistics

Arithmetic Mean12.17
Geometric Mean11.82
Coefficient Of Variation26.37
Mean Deviation2.32
Median11.70
Standard Deviation3.21
Sample Variance10.29
Range12.4376
R-Value0.14
Mean Square Error10.86
R-Squared0.02
Significance0.61
Slope0.10
Total Sum of Squares144.06

RPC Payables Turnover History

2024 8.67
2023 14.08
2022 10.16
2021 9.89
2020 14.03
2019 20.51
2018 13.02

About RPC Financial Statements

RPC shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although RPC investors may analyze each financial statement separately, they are all interrelated. The changes in RPC's assets and liabilities, for example, are also reflected in the revenues and expenses on on RPC's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Payables Turnover 14.08  8.67 

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Additional Tools for RPC Stock Analysis

When running RPC's price analysis, check to measure RPC's 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 RPC is operating at the current time. Most of RPC's value examination focuses on studying past and present price action to predict the probability of RPC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RPC's price. Additionally, you may evaluate how the addition of RPC to your portfolios can decrease your overall portfolio volatility.