Chesapeake Payables Turnover from 2010 to 2024

CPK Stock  USD 120.83  1.30  1.06%   
Chesapeake Utilities Payables Turnover yearly trend continues to be quite stable with very little volatility. Payables Turnover may rise above 7.63 this year. Payables Turnover is a liquidity ratio that shows how quickly Chesapeake Utilities pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
5.32104645
Current Value
7.63
Quarterly Volatility
1.28967578
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Chesapeake Utilities financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Chesapeake Utilities' main balance sheet or income statement drivers, such as Interest Expense of 38.8 M, Total Revenue of 704.1 M or Gross Profit of 135.3 M, as well as many indicators such as Price To Sales Ratio of 3.04, Dividend Yield of 0.0348 or PTB Ratio of 1.58. Chesapeake financial statements analysis is a perfect complement when working with Chesapeake Utilities Valuation or Volatility modules.
  
Check out the analysis of Chesapeake Utilities Correlation against competitors.
For more information on how to buy Chesapeake Stock please use our How to buy in Chesapeake Stock guide.

Latest Chesapeake Utilities' Payables Turnover Growth Pattern

Below is the plot of the Payables Turnover of Chesapeake Utilities 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. Chesapeake Utilities' Payables Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Chesapeake Utilities' overall financial position and show how it may be relating to other accounts over time.
Payables Turnover10 Years Trend
Pretty Stable
   Payables Turnover   
       Timeline  

Chesapeake Payables Turnover Regression Statistics

Arithmetic Mean6.63
Geometric Mean6.51
Coefficient Of Variation19.45
Mean Deviation1.02
Median6.46
Standard Deviation1.29
Sample Variance1.66
Range4.3007
R-Value(0.18)
Mean Square Error1.74
R-Squared0.03
Significance0.53
Slope(0.05)
Total Sum of Squares23.29

Chesapeake Payables Turnover History

2024 7.63
2023 5.32
2022 7.21
2021 6.69
2020 4.91
2019 5.7
2018 5.71

About Chesapeake Utilities Financial Statements

Chesapeake Utilities investors utilize fundamental indicators, such as Payables Turnover, to predict how Chesapeake 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 5.32  7.63 

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When determining whether Chesapeake Utilities is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Chesapeake Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Chesapeake Utilities Stock. Highlighted below are key reports to facilitate an investment decision about Chesapeake Utilities Stock:
Check out the analysis of Chesapeake Utilities Correlation against competitors.
For more information on how to buy Chesapeake Stock please use our How to buy in Chesapeake Stock guide.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Gas Utilities 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 Chesapeake Utilities. If investors know Chesapeake 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 Chesapeake Utilities 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
0.472
Dividend Share
2.46
Earnings Share
4.92
Revenue Per Share
34.76
Quarterly Revenue Growth
0.217
The market value of Chesapeake Utilities is measured differently than its book value, which is the value of Chesapeake that is recorded on the company's balance sheet. Investors also form their own opinion of Chesapeake Utilities' value that differs from its market value or its book value, called intrinsic value, which is Chesapeake Utilities' 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 Chesapeake Utilities' market value can be influenced by many factors that don't directly affect Chesapeake Utilities' 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 Chesapeake Utilities' value and its price as these two are different measures arrived at by different means. Investors typically determine if Chesapeake Utilities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chesapeake Utilities' 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.