Shore Days Payables Outstanding from 2010 to 2024

SHBI Stock  USD 16.45  0.01  0.06%   
Shore Bancshares' Days Payables Outstanding is decreasing with slightly volatile movements from year to year. Days Payables Outstanding is predicted to flatten to 24.43. For the period between 2010 and 2024, Shore Bancshares, Days Payables Outstanding quarterly trend regression had mean deviation of  27.86 and range of 69.1525. View All Fundamentals
 
Days Payables Outstanding  
First Reported
2010-12-31
Previous Quarter
25.72
Current Value
24.43
Quarterly Volatility
31.3982014
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Shore Bancshares financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Shore Bancshares' main balance sheet or income statement drivers, such as Depreciation And Amortization of 11.5 M, Interest Expense of 82.7 M or Selling And Marketing Expenses of 544.8 K, as well as many indicators such as Price To Sales Ratio of 5.48, Dividend Yield of 0.0306 or PTB Ratio of 1.26. Shore financial statements analysis is a perfect complement when working with Shore Bancshares Valuation or Volatility modules.
  
Check out the analysis of Shore Bancshares Correlation against competitors.
For more detail on how to invest in Shore Stock please use our How to Invest in Shore Bancshares guide.

Latest Shore Bancshares' Days Payables Outstanding Growth Pattern

Below is the plot of the Days Payables Outstanding of Shore Bancshares over the last few years. It is Shore Bancshares' Days Payables Outstanding historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Shore Bancshares' overall financial position and show how it may be relating to other accounts over time.
Days Payables Outstanding10 Years Trend
Slightly volatile
   Days Payables Outstanding   
       Timeline  

Shore Days Payables Outstanding Regression Statistics

Arithmetic Mean51.76
Geometric Mean42.97
Coefficient Of Variation60.66
Mean Deviation27.86
Median44.85
Standard Deviation31.40
Sample Variance985.85
Range69.1525
R-Value(0.92)
Mean Square Error170.55
R-Squared0.84
Slope(6.43)
Total Sum of Squares13,802

Shore Days Payables Outstanding History

2024 24.43
2023 25.72
2018 22.36
2017 44.85
2016 50.11
2015 61.9

About Shore Bancshares Financial Statements

Investors use fundamental indicators, such as Shore Bancshares' Days Payables Outstanding, to determine how well the company is positioned to perform in the future. Although Shore Bancshares' 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
Days Payables Outstanding 25.72  24.43 

Currently Active Assets on Macroaxis

When determining whether Shore Bancshares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Shore Bancshares' 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 Shore Bancshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Shore Bancshares Stock:
Check out the analysis of Shore Bancshares Correlation against competitors.
For more detail on how to invest in Shore Stock please use our How to Invest in Shore Bancshares guide.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Regional Banks 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 Shore Bancshares. If investors know Shore 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 Shore Bancshares 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
0.69
Dividend Share
0.48
Earnings Share
1.31
Revenue Per Share
5.807
Quarterly Revenue Growth
1.078
The market value of Shore Bancshares is measured differently than its book value, which is the value of Shore that is recorded on the company's balance sheet. Investors also form their own opinion of Shore Bancshares' value that differs from its market value or its book value, called intrinsic value, which is Shore Bancshares' 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 Shore Bancshares' market value can be influenced by many factors that don't directly affect Shore Bancshares' 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 Shore Bancshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Shore Bancshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shore Bancshares' 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.