Cps Payables Turnover from 2010 to 2024

CPSH Stock  USD 1.51  0.04  2.72%   
Cps Technologies' Payables Turnover is increasing with stable movements from year to year. Payables Turnover is estimated to finish at 17.05 this year. Payables Turnover is a liquidity ratio that shows how quickly Cps Technologies pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
12.07
Current Value
17.05
Quarterly Volatility
3.5559706
 
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Covid
Check Cps Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cps Technologies' main balance sheet or income statement drivers, such as Depreciation And Amortization of 486.6 K, Interest Expense of 4.8 K or Selling General Administrative of 5.7 M, as well as many indicators such as Price To Sales Ratio of 1.84, Dividend Yield of 0.0 or PTB Ratio of 1.94. Cps financial statements analysis is a perfect complement when working with Cps Technologies Valuation or Volatility modules.
  
Check out the analysis of Cps Technologies Correlation against competitors.
For more detail on how to invest in Cps Stock please use our How to Invest in Cps Technologies guide.

Latest Cps Technologies' Payables Turnover Growth Pattern

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

Cps Payables Turnover Regression Statistics

Arithmetic Mean10.38
Geometric Mean9.95
Coefficient Of Variation34.27
Mean Deviation2.55
Median8.41
Standard Deviation3.56
Sample Variance12.64
Range11.7429
R-Value0.25
Mean Square Error12.74
R-Squared0.06
Significance0.36
Slope0.20
Total Sum of Squares177.03

Cps Payables Turnover History

2024 17.05
2023 12.07
2022 10.5
2021 8.18
2016 19.92
2012 8.41
2011 11.51

About Cps Technologies Financial Statements

Investors use fundamental indicators, such as Cps Technologies' Payables Turnover, to determine how well the company is positioned to perform in the future. Although Cps Technologies' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Payables Turnover 12.07  17.05 

Currently Active Assets on Macroaxis

When determining whether Cps Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cps Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cps Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cps Technologies Stock:
Check out the analysis of Cps Technologies Correlation against competitors.
For more detail on how to invest in Cps Stock please use our How to Invest in Cps Technologies guide.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Electronic Equipment, Instruments & Components 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 Cps Technologies. If investors know Cps 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 Cps Technologies 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
(0.48)
Earnings Share
(0.14)
Revenue Per Share
1.511
Quarterly Revenue Growth
(0.32)
Return On Assets
(0.09)
The market value of Cps Technologies is measured differently than its book value, which is the value of Cps that is recorded on the company's balance sheet. Investors also form their own opinion of Cps Technologies' value that differs from its market value or its book value, called intrinsic value, which is Cps Technologies' 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 Cps Technologies' market value can be influenced by many factors that don't directly affect Cps Technologies' 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 Cps Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cps Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cps Technologies' 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.