Sanmina Payables Turnover from 2010 to 2024

SANM Stock  USD 79.41  0.74  0.94%   
Sanmina Payables Turnover yearly trend continues to be very stable with very little volatility. Payables Turnover is likely to grow to 5.08 this year. Payables Turnover is a liquidity ratio that shows how quickly Sanmina pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
4.66373182
Current Value
5.07916009
Quarterly Volatility
1.06084497
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Sanmina financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sanmina's main balance sheet or income statement drivers, such as Depreciation And Amortization of 76.1 M, Interest Expense of 49.6 M or Total Revenue of 6.2 B, as well as many indicators such as Price To Sales Ratio of 0.35, Dividend Yield of 0.0 or PTB Ratio of 1.35. Sanmina financial statements analysis is a perfect complement when working with Sanmina Valuation or Volatility modules.
  
Check out the analysis of Sanmina Correlation against competitors.
To learn how to invest in Sanmina Stock, please use our How to Invest in Sanmina guide.

Latest Sanmina's Payables Turnover Growth Pattern

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

Sanmina Payables Turnover Regression Statistics

Arithmetic Mean4.63
Geometric Mean4.52
Coefficient Of Variation22.92
Mean Deviation0.86
Median4.66
Standard Deviation1.06
Sample Variance1.13
Range3.5637
R-Value(0.56)
Mean Square Error0.83
R-Squared0.32
Significance0.03
Slope(0.13)
Total Sum of Squares15.76

Sanmina Payables Turnover History

2024 5.08
2022 4.66
2016 3.55
2011 5.32
2010 7.12

About Sanmina Financial Statements

Sanmina investors utilize fundamental indicators, such as Payables Turnover, to predict how Sanmina 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 4.66  5.08 

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Sanmina is a strong investment it is important to analyze Sanmina'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 Sanmina's future performance. For an informed investment choice regarding Sanmina Stock, refer to the following important reports:
Check out the analysis of Sanmina Correlation against competitors.
To learn how to invest in Sanmina Stock, please use our How to Invest in Sanmina guide.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Is Electronic Equipment, Instruments & Components 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 Sanmina. If investors know Sanmina 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 Sanmina 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
0.05
Earnings Share
3.91
Revenue Per Share
136.141
Quarterly Revenue Growth
(0.02)
Return On Assets
0.0451
The market value of Sanmina is measured differently than its book value, which is the value of Sanmina that is recorded on the company's balance sheet. Investors also form their own opinion of Sanmina's value that differs from its market value or its book value, called intrinsic value, which is Sanmina'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 Sanmina's market value can be influenced by many factors that don't directly affect Sanmina'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 Sanmina's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sanmina is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sanmina'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.