CMS Payables Turnover from 2010 to 2024

CMS Stock  USD 65.76  0.09  0.14%   
CMS Energy Payables Turnover yearly trend continues to be comparatively stable with very little volatility. Payables Turnover will likely drop to 4.94 in 2024. Payables Turnover is a liquidity ratio that shows how quickly CMS Energy pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
5.68603214
Current Value
4.94
Quarterly Volatility
1.26960208
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check CMS Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CMS Energy's main balance sheet or income statement drivers, such as Interest Expense of 675.1 M, Total Revenue of 6.3 B or Gross Profit of 2.3 B, as well as many indicators such as Price To Sales Ratio of 2.38, Dividend Yield of 0.0381 or PTB Ratio of 1.58. CMS financial statements analysis is a perfect complement when working with CMS Energy Valuation or Volatility modules.
  
Check out the analysis of CMS Energy Correlation against competitors.
For more information on how to buy CMS Stock please use our How to Invest in CMS Energy guide.

Latest CMS Energy's Payables Turnover Growth Pattern

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

CMS Payables Turnover Regression Statistics

Arithmetic Mean6.59
Geometric Mean6.49
Coefficient Of Variation19.26
Mean Deviation0.94
Median6.29
Standard Deviation1.27
Sample Variance1.61
Range4.7321
R-Value(0.76)
Mean Square Error0.73
R-Squared0.58
Significance0.0009
Slope(0.22)
Total Sum of Squares22.57

CMS Payables Turnover History

2024 4.94
2023 5.69
2022 6.29
2021 5.28
2020 5.85
2019 6.74
2018 6.11

About CMS Energy Financial Statements

CMS Energy shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although CMS Energy investors may analyze each financial statement separately, they are all interrelated. The changes in CMS Energy's assets and liabilities, for example, are also reflected in the revenues and expenses on on CMS Energy's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Payables Turnover 5.69  4.94 

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Additional Tools for CMS Stock Analysis

When running CMS Energy's price analysis, check to measure CMS Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CMS Energy is operating at the current time. Most of CMS Energy's value examination focuses on studying past and present price action to predict the probability of CMS Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CMS Energy's price. Additionally, you may evaluate how the addition of CMS Energy to your portfolios can decrease your overall portfolio volatility.