Summit Days Of Payables Outstanding from 2010 to 2024

Stocks . USA . 
Stock . Summit Midstream
SMC Stock   37.78  0.97  2.64%   
Summit Midstream's Days Of Payables Outstanding is decreasing over the years with slightly volatile fluctuation. Overall, Days Of Payables Outstanding is expected to go to 28.57 this year. During the period from 2010 to 2024 Summit Midstream Days Of Payables Outstanding annual values regression line had geometric mean of  39.27 and mean square error of  124.65. View All Fundamentals
 
Days Of Payables Outstanding  
First Reported
2010-12-31
Previous Quarter
24.67685814
Current Value
28.57
Quarterly Volatility
17.00572605
 
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Check Summit Midstream financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Summit Midstream's main balance sheet or income statement drivers, such as Depreciation And Amortization of 130.8 M, Selling General Administrative of 42.5 M or Selling And Marketing Expenses of 3.2 M, as well as many indicators such as Price To Sales Ratio of 0.79, Dividend Yield of 0.0179 or PTB Ratio of 0.5. Summit financial statements analysis is a perfect complement when working with Summit Midstream Valuation or Volatility modules.
  
Check out the analysis of Summit Midstream Correlation against competitors.
For information on how to trade Summit Stock refer to our How to Trade Summit Stock guide.

Latest Summit Midstream's Days Of Payables Outstanding Growth Pattern

Below is the plot of the Days Of Payables Outstanding of Summit Midstream over the last few years. It is Summit Midstream's Days Of Payables Outstanding historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Summit Midstream's overall financial position and show how it may be relating to other accounts over time.
Days Of Payables Outstanding10 Years Trend
Slightly volatile
Compare to OthersAll Fundamentals
   Days Of Payables Outstanding   
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Summit Days Of Payables Outstanding Regression Statistics

Arithmetic Mean43.54
Geometric Mean39.27
Coefficient Of Variation39.06
Mean Deviation15.23
Median54.96
Standard Deviation17.01
Sample Variance289.19
Range41.0334
R-Value(0.77)
Mean Square Error124.65
R-Squared0.60
Significance0.0007
Slope(2.94)
Total Sum of Squares4,049

Summit Days Of Payables Outstanding History

2024 28.57
2023 24.68
2022 18.32
2021 13.92
2020 18.0

About Summit Midstream Financial Statements

Summit Midstream stakeholders use historical fundamental indicators, such as Summit Midstream's Days Of Payables Outstanding, to determine how well the company is positioned to perform in t
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