Core Payables Turnover from 2010 to 2024

CNM Stock  USD 48.55  1.44  3.06%   
Core Main Payables Turnover yearly trend continues to be very stable with very little volatility. Payables Turnover is likely to drop to 8.48. Payables Turnover is a liquidity ratio that shows how quickly Core Main pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
9.69047619
Current Value
8.47822086
Quarterly Volatility
0.31300298
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Core Main financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Core Main's main balance sheet or income statement drivers, such as Interest Expense of 94 M, Ebit of 390.8 M or Net Income Applicable To Common Shares of 441.9 M, as well as many indicators such as Price To Sales Ratio of 0.88, Dividend Yield of 0.0056 or PTB Ratio of 4.75. Core financial statements analysis is a perfect complement when working with Core Main Valuation or Volatility modules.
  
Check out the analysis of Core Main Correlation against competitors.
To learn how to invest in Core Stock, please use our How to Invest in Core Main guide.

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When determining whether Core Main is a strong investment it is important to analyze Core Main'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 Core Main's future performance. For an informed investment choice regarding Core Stock, refer to the following important reports:
Check out the analysis of Core Main Correlation against competitors.
To learn how to invest in Core Stock, please use our How to Invest in Core Main guide.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Trading Companies & Distributors 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 Core Main. If investors know Core 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 Core Main 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
(0.07)
Earnings Share
2.1
Revenue Per Share
37.819
Quarterly Revenue Growth
0.055
Return On Assets
0.0797
The market value of Core Main is measured differently than its book value, which is the value of Core that is recorded on the company's balance sheet. Investors also form their own opinion of Core Main's value that differs from its market value or its book value, called intrinsic value, which is Core Main'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 Core Main's market value can be influenced by many factors that don't directly affect Core Main'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 Core Main's value and its price as these two are different measures arrived at by different means. Investors typically determine if Core Main is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Core Main'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.