AAM Payables Turnover from 2010 to 2024

AAM Stock   10.08  0.01  0.1%   
AA Mission Payables Turnover yearly trend continues to be very stable with very little volatility. Payables Turnover is likely to grow to 8.76 this year. Payables Turnover is a liquidity ratio that shows how quickly AA Mission Acquisition pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
7.04897274
Current Value
8.76
Quarterly Volatility
0.88159974
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check AA Mission financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among AA Mission's main balance sheet or income statement drivers, such as , as well as many indicators such as Price To Sales Ratio of 0.32, Dividend Yield of 0.12 or PTB Ratio of 2.9. AAM financial statements analysis is a perfect complement when working with AA Mission Valuation or Volatility modules.
  
Check out the analysis of AA Mission Correlation against competitors.

Latest AA Mission's Payables Turnover Growth Pattern

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

AAM Payables Turnover Regression Statistics

Arithmetic Mean7.34
Geometric Mean7.29
Coefficient Of Variation12.01
Mean Deviation0.70
Median7.14
Standard Deviation0.88
Sample Variance0.78
Range2.7887
R-Value0.34
Mean Square Error0.74
R-Squared0.12
Significance0.21
Slope0.07
Total Sum of Squares10.88

AAM Payables Turnover History

2024 8.76
2023 7.05
2022 6.94
2021 7.24
2020 7.13
2019 9.03
2018 7.3

About AA Mission Financial Statements

AA Mission investors utilize fundamental indicators, such as Payables Turnover, to predict how AAM 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 7.05  8.76 

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 AA Mission Acquisition is a strong investment it is important to analyze AA Mission'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 AA Mission's future performance. For an informed investment choice regarding AAM Stock, refer to the following important reports:
Check out the analysis of AA Mission Correlation against competitors.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is Trading 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 AA Mission. If investors know AAM 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 AA Mission listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of AA Mission Acquisition is measured differently than its book value, which is the value of AAM that is recorded on the company's balance sheet. Investors also form their own opinion of AA Mission's value that differs from its market value or its book value, called intrinsic value, which is AA Mission'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 AA Mission's market value can be influenced by many factors that don't directly affect AA Mission'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 AA Mission's value and its price as these two are different measures arrived at by different means. Investors typically determine if AA Mission is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AA Mission'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.