Mister Payables Turnover from 2010 to 2024

MCW Stock  USD 7.19  0.18  2.44%   
Mister Car Payables Turnover yearly trend continues to be fairly stable with very little volatility. Payables Turnover is likely to outpace its year average in 2024. Payables Turnover is a liquidity ratio that shows how quickly Mister Car Wash pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
10.81171784
Current Value
11.97
Quarterly Volatility
2.68914239
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Mister Car financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mister Car's main balance sheet or income statement drivers, such as Tax Provision of 24.1 M, Interest Income of 50.9 M or Interest Expense of 39.6 M, as well as many indicators such as Price To Sales Ratio of 2.75, Dividend Yield of 0.0259 or PTB Ratio of 2.79. Mister financial statements analysis is a perfect complement when working with Mister Car Valuation or Volatility modules.
  
Check out the analysis of Mister Car Correlation against competitors.

Latest Mister Car's Payables Turnover Growth Pattern

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

Mister Payables Turnover Regression Statistics

Arithmetic Mean13.69
Geometric Mean13.40
Coefficient Of Variation19.64
Mean Deviation2.34
Median15.45
Standard Deviation2.69
Sample Variance7.23
Range7.4872
R-Value(0.73)
Mean Square Error3.67
R-Squared0.53
Significance0
Slope(0.44)
Total Sum of Squares101.24

Mister Payables Turnover History

2024 11.97
2023 10.81
2022 10.47
2021 9.7
2020 7.96

About Mister Car Financial Statements

Mister Car investors use historical fundamental indicators, such as Mister Car's Payables Turnover, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Mister Car. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 10.81  11.97 

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Additional Tools for Mister Stock Analysis

When running Mister Car's price analysis, check to measure Mister Car'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 Mister Car is operating at the current time. Most of Mister Car's value examination focuses on studying past and present price action to predict the probability of Mister Car's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mister Car's price. Additionally, you may evaluate how the addition of Mister Car to your portfolios can decrease your overall portfolio volatility.