Shoe Payables Turnover from 2010 to 2024

SCVL Stock  USD 33.61  0.08  0.24%   
Shoe Carnival Payables Turnover yearly trend continues to be quite stable with very little volatility. Payables Turnover may rise above 13.38 this year. Payables Turnover is a liquidity ratio that shows how quickly Shoe Carnival pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
12.94731784
Current Value
13.3828125
Quarterly Volatility
1.18754273
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Shoe Carnival financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Shoe Carnival's main balance sheet or income statement drivers, such as Depreciation And Amortization of 21.6 M, Interest Expense of 513.1 K or Total Revenue of 746.4 M, as well as many indicators such as Price To Sales Ratio of 0.23, Dividend Yield of 0.0486 or PTB Ratio of 0.86. Shoe financial statements analysis is a perfect complement when working with Shoe Carnival Valuation or Volatility modules.
  
Check out the analysis of Shoe Carnival Correlation against competitors.
For more information on how to buy Shoe Stock please use our How to buy in Shoe Stock guide.

Latest Shoe Carnival's Payables Turnover Growth Pattern

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

Shoe Payables Turnover Regression Statistics

Arithmetic Mean12.01
Geometric Mean11.96
Coefficient Of Variation9.89
Mean Deviation0.87
Median11.95
Standard Deviation1.19
Sample Variance1.41
Range3.4297
R-Value0.64
Mean Square Error0.90
R-Squared0.41
Significance0.01
Slope0.17
Total Sum of Squares19.74

Shoe Payables Turnover History

2024 13.38
2020 12.95
2014 11.95
2011 9.98
2010 13.41

About Shoe Carnival Financial Statements

Shoe Carnival investors utilize fundamental indicators, such as Payables Turnover, to predict how Shoe 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 12.95  13.38 

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When determining whether Shoe Carnival is a strong investment it is important to analyze Shoe Carnival'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 Shoe Carnival's future performance. For an informed investment choice regarding Shoe Stock, refer to the following important reports:
Check out the analysis of Shoe Carnival Correlation against competitors.
For more information on how to buy Shoe Stock please use our How to buy in Shoe Stock guide.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Specialty Retail 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 Shoe Carnival. If investors know Shoe 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 Shoe Carnival 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
0.155
Earnings Share
2.73
Revenue Per Share
45.392
Quarterly Revenue Growth
0.129
Return On Assets
0.0587
The market value of Shoe Carnival is measured differently than its book value, which is the value of Shoe that is recorded on the company's balance sheet. Investors also form their own opinion of Shoe Carnival's value that differs from its market value or its book value, called intrinsic value, which is Shoe Carnival'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 Shoe Carnival's market value can be influenced by many factors that don't directly affect Shoe Carnival'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 Shoe Carnival's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shoe Carnival is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shoe Carnival'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.