Smith Payables Turnover from 2010 to 2024

SDHC Stock   27.50  0.41  1.51%   
Smith Douglas' Payables Turnover is decreasing over the years with stable fluctuation. Overall, Payables Turnover is expected to go to 45.93 this year. Payables Turnover is a liquidity ratio that shows how quickly Smith Douglas Homes pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
31.66093082
Current Value
45.93
Quarterly Volatility
3.64320797
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Smith Douglas financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Smith Douglas' main balance sheet or income statement drivers, such as Depreciation And Amortization of 906.4 K, Interest Expense of 1.2 M or Selling General Administrative of 84.1 M, as well as many indicators such as Price To Sales Ratio of 1.69, Dividend Yield of 0.0608 or PTB Ratio of 6.19. Smith financial statements analysis is a perfect complement when working with Smith Douglas Valuation or Volatility modules.
  
Check out the analysis of Smith Douglas Correlation against competitors.

Latest Smith Douglas' Payables Turnover Growth Pattern

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

Smith Payables Turnover Regression Statistics

Arithmetic Mean44.32
Geometric Mean44.15
Coefficient Of Variation8.22
Mean Deviation1.69
Median44.88
Standard Deviation3.64
Sample Variance13.27
Range17.045
R-Value(0.23)
Mean Square Error13.53
R-Squared0.05
Significance0.41
Slope(0.19)
Total Sum of Squares185.82

Smith Payables Turnover History

2024 45.93
2023 31.66
2022 48.71

About Smith Douglas Financial Statements

Smith Douglas stakeholders use historical fundamental indicators, such as Smith Douglas' Payables Turnover, to determine how well the company is positioned to perform in the future. Although Smith Douglas investors may analyze each financial statement separately, they are all interrelated. For example, changes in Smith Douglas' assets and liabilities are reflected in the revenues and expenses on Smith Douglas' 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 Smith Douglas Homes. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 31.66  45.93 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Smith Douglas Homes offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Smith Douglas' 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 Smith Douglas Homes Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Smith Douglas Homes Stock:
Check out the analysis of Smith Douglas Correlation against competitors.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Household Durables 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 Smith Douglas. If investors know Smith 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 Smith Douglas 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
(0.28)
Revenue Per Share
6.7 K
Quarterly Revenue Growth
(0.03)
Return On Equity
0.6993
The market value of Smith Douglas Homes is measured differently than its book value, which is the value of Smith that is recorded on the company's balance sheet. Investors also form their own opinion of Smith Douglas' value that differs from its market value or its book value, called intrinsic value, which is Smith Douglas' 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 Smith Douglas' market value can be influenced by many factors that don't directly affect Smith Douglas' 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 Smith Douglas' value and its price as these two are different measures arrived at by different means. Investors typically determine if Smith Douglas is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Smith Douglas' 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.