Rush Payables Turnover from 2010 to 2024

RSI Stock  USD 14.42  0.21  1.48%   
Rush Street's Payables Turnover is increasing with stable movements from year to year. Payables Turnover is predicted to flatten to 13.66. Payables Turnover is a liquidity ratio that shows how quickly Rush Street Interactive pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
14.37579992
Current Value
13.66
Quarterly Volatility
11.28327586
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Rush Street financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Rush Street's main balance sheet or income statement drivers, such as Interest Income of 691.9 K, Interest Expense of 2.9 M or Selling General Administrative of 75.9 M, as well as many indicators such as Price To Sales Ratio of 0.42, Dividend Yield of 0.0044 or PTB Ratio of 6.01. Rush financial statements analysis is a perfect complement when working with Rush Street Valuation or Volatility modules.
  
Check out the analysis of Rush Street Correlation against competitors.

Latest Rush Street's Payables Turnover Growth Pattern

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

Rush Payables Turnover Regression Statistics

Arithmetic Mean21.48
Geometric Mean19.72
Coefficient Of Variation52.52
Mean Deviation7.29
Median18.53
Standard Deviation11.28
Sample Variance127.31
Range37.4314
R-Value0.14
Mean Square Error134.56
R-Squared0.02
Significance0.63
Slope0.34
Total Sum of Squares1,782

Rush Payables Turnover History

2024 13.66
2023 14.38
2022 13.91
2021 51.09
2020 15.91
2019 46.52

About Rush Street Financial Statements

Investors use fundamental indicators, such as Rush Street's Payables Turnover, to determine how well the company is positioned to perform in the future. Although Rush Street's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Payables Turnover 14.38  13.66 

Currently Active Assets on Macroaxis

When determining whether Rush Street Interactive offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Rush Street'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 Rush Street Interactive Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rush Street Interactive Stock:
Check out the analysis of Rush Street Correlation against competitors.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Hotels, Restaurants & Leisure 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 Rush Street. If investors know Rush 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 Rush Street listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.02)
Revenue Per Share
11.124
Quarterly Revenue Growth
0.888
Return On Assets
0.016
Return On Equity
(0.03)
The market value of Rush Street Interactive is measured differently than its book value, which is the value of Rush that is recorded on the company's balance sheet. Investors also form their own opinion of Rush Street's value that differs from its market value or its book value, called intrinsic value, which is Rush Street'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 Rush Street's market value can be influenced by many factors that don't directly affect Rush Street'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 Rush Street's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rush Street is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rush Street'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.