Real Payables Turnover from 2010 to 2024

RGF Stock  USD 0.23  0.01  4.17%   
Real Good's Payables Turnover is decreasing over the last several years with slightly volatile swings. Payables Turnover is estimated to finish at 8.28 this year. Payables Turnover is a liquidity ratio that shows how quickly Real Good Food pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
6.3
Current Value
8.28
Quarterly Volatility
2.90741374
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Real Good financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Real Good's main balance sheet or income statement drivers, such as Tax Provision of 0.0, Depreciation And Amortization of 3.9 M or Interest Expense of 8.4 M, as well as many indicators such as Price To Sales Ratio of 0.32, Dividend Yield of 0.0 or PTB Ratio of 1.1. Real financial statements analysis is a perfect complement when working with Real Good Valuation or Volatility modules.
  
Check out the analysis of Real Good Correlation against competitors.

Latest Real Good's Payables Turnover Growth Pattern

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

Real Payables Turnover Regression Statistics

Arithmetic Mean10.32
Geometric Mean9.84
Coefficient Of Variation28.16
Mean Deviation2.56
Median12.24
Standard Deviation2.91
Sample Variance8.45
Range7.389
R-Value(0.77)
Mean Square Error3.65
R-Squared0.60
Significance0.0007
Slope(0.50)
Total Sum of Squares118.34

Real Payables Turnover History

2024 8.28
2023 6.3
2022 5.48
2021 4.85
2020 7.54

About Real Good Financial Statements

Real Good stakeholders use historical fundamental indicators, such as Real Good's Payables Turnover, to determine how well the company is positioned to perform in the future. Although Real Good investors may analyze each financial statement separately, they are all interrelated. For example, changes in Real Good's assets and liabilities are reflected in the revenues and expenses on Real Good'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 Real Good Food. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 6.30  8.28 

Currently Active Assets on Macroaxis

When determining whether Real Good Food is a strong investment it is important to analyze Real Good'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 Real Good's future performance. For an informed investment choice regarding Real Stock, refer to the following important reports:
Check out the analysis of Real Good Correlation against competitors.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Packaged Foods & Meats 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 Real Good. If investors know Real 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 Real Good listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.06)
Revenue Per Share
21.335
Quarterly Revenue Growth
0.48
Return On Assets
(0.18)
Return On Equity
(31.64)
The market value of Real Good Food is measured differently than its book value, which is the value of Real that is recorded on the company's balance sheet. Investors also form their own opinion of Real Good's value that differs from its market value or its book value, called intrinsic value, which is Real Good'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 Real Good's market value can be influenced by many factors that don't directly affect Real Good'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 Real Good's value and its price as these two are different measures arrived at by different means. Investors typically determine if Real Good is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Real Good'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.