RGC Payables Turnover from 2010 to 2025

RGCO Stock  USD 20.30  0.60  2.87%   
RGC Resources Payables Turnover yearly trend continues to be very stable with very little volatility. Payables Turnover is likely to drop to 6.07. Payables Turnover is a liquidity ratio that shows how quickly RGC Resources pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
9.01
Current Value
6.07
Quarterly Volatility
1.86517345
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check RGC Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among RGC Resources' main balance sheet or income statement drivers, such as Depreciation And Amortization of 12.7 M, Interest Expense of 7.9 M or Total Revenue of 85.4 M, as well as many indicators such as Price To Sales Ratio of 2.56, Dividend Yield of 0.0558 or PTB Ratio of 1.34. RGC financial statements analysis is a perfect complement when working with RGC Resources Valuation or Volatility modules.
  
Check out the analysis of RGC Resources Correlation against competitors.
To learn how to invest in RGC Stock, please use our How to Invest in RGC Resources guide.

Latest RGC Resources' Payables Turnover Growth Pattern

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

RGC Payables Turnover Regression Statistics

Arithmetic Mean7.81
Geometric Mean7.61
Coefficient Of Variation23.87
Mean Deviation1.58
Median7.39
Standard Deviation1.87
Sample Variance3.48
Range6.4463
R-Value0.36
Mean Square Error3.24
R-Squared0.13
Significance0.17
Slope0.14
Total Sum of Squares52.18

RGC Payables Turnover History

2025 6.07
2024 9.01
2023 10.01
2022 11.59
2021 6.75
2020 6.43
2019 9.11

About RGC Resources Financial Statements

RGC Resources investors utilize fundamental indicators, such as Payables Turnover, to predict how RGC Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Payables Turnover 9.01  6.07 
When determining whether RGC Resources offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of RGC Resources' 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 Rgc Resources Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rgc Resources Stock:
Check out the analysis of RGC Resources Correlation against competitors.
To learn how to invest in RGC Stock, please use our How to Invest in RGC Resources guide.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Gas Utilities 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 RGC Resources. If investors know RGC 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 RGC Resources 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
0.02
Dividend Share
0.808
Earnings Share
1.17
Revenue Per Share
8.571
Quarterly Revenue Growth
0.118
The market value of RGC Resources is measured differently than its book value, which is the value of RGC that is recorded on the company's balance sheet. Investors also form their own opinion of RGC Resources' value that differs from its market value or its book value, called intrinsic value, which is RGC Resources' 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 RGC Resources' market value can be influenced by many factors that don't directly affect RGC Resources' 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 RGC Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if RGC Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RGC Resources' 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.