Green Payables Turnover from 2010 to 2024

GPRE Stock  USD 9.38  0.16  1.74%   
Green Plains' Payables Turnover is decreasing over the years with slightly volatile fluctuation. Payables Turnover is expected to dwindle to 14.01. Payables Turnover is a liquidity ratio that shows how quickly Green Plains Renewable pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
16.7752983
Current Value
14.01
Quarterly Volatility
6.10568752
 
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Yuan Drop
 
Covid
Check Green Plains financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Green Plains' main balance sheet or income statement drivers, such as Depreciation And Amortization of 63.2 M, Interest Expense of 35.8 M or Selling General Administrative of 78.5 M, as well as many indicators such as Price To Sales Ratio of 0.43, Dividend Yield of 0.0146 or PTB Ratio of 1.85. Green financial statements analysis is a perfect complement when working with Green Plains Valuation or Volatility modules.
  
Check out the analysis of Green Plains Correlation against competitors.

Latest Green Plains' Payables Turnover Growth Pattern

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

Green Payables Turnover Regression Statistics

Arithmetic Mean18.58
Geometric Mean17.85
Coefficient Of Variation32.86
Mean Deviation4.41
Median16.35
Standard Deviation6.11
Sample Variance37.28
Range22.4313
R-Value(0.40)
Mean Square Error33.76
R-Squared0.16
Significance0.14
Slope(0.54)
Total Sum of Squares521.91

Green Payables Turnover History

2024 14.01
2023 16.78
2022 15.04
2021 17.97
2020 12.94
2019 15.22
2018 26.83

About Green Plains Financial Statements

Green Plains stakeholders use historical fundamental indicators, such as Green Plains' Payables Turnover, to determine how well the company is positioned to perform in the future. Although Green Plains investors may analyze each financial statement separately, they are all interrelated. For example, changes in Green Plains' assets and liabilities are reflected in the revenues and expenses on Green Plains' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Green Plains Renewable. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 16.78  14.01 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Green Plains Renewable is a strong investment it is important to analyze Green Plains' 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 Green Plains' future performance. For an informed investment choice regarding Green Stock, refer to the following important reports:
Check out the analysis of Green Plains Correlation against competitors.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Oil & Gas Refining & Marketing 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 Green Plains. If investors know Green 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 Green Plains 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
0.977
Earnings Share
(0.32)
Revenue Per Share
41.372
Quarterly Revenue Growth
(0.26)
Return On Assets
(0.01)
The market value of Green Plains Renewable is measured differently than its book value, which is the value of Green that is recorded on the company's balance sheet. Investors also form their own opinion of Green Plains' value that differs from its market value or its book value, called intrinsic value, which is Green Plains' 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 Green Plains' market value can be influenced by many factors that don't directly affect Green Plains' 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 Green Plains' value and its price as these two are different measures arrived at by different means. Investors typically determine if Green Plains is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Green Plains' 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.