Middlesex Payables Turnover from 2010 to 2024

MSEX Stock  USD 65.32  1.24  1.86%   
Middlesex Water 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 Middlesex Water pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
3.00937794
Current Value
5.76
Quarterly Volatility
4.65807738
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Middlesex Water financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Middlesex Water's main balance sheet or income statement drivers, such as Interest Expense of 10.2 M, Total Revenue of 85.8 M or Gross Profit of 62.3 M, as well as many indicators such as Price To Sales Ratio of 7.35, Dividend Yield of 0.0184 or PTB Ratio of 1.82. Middlesex financial statements analysis is a perfect complement when working with Middlesex Water Valuation or Volatility modules.
  
Check out the analysis of Middlesex Water Correlation against competitors.
For more information on how to buy Middlesex Stock please use our How to Invest in Middlesex Water guide.

Latest Middlesex Water's Payables Turnover Growth Pattern

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

Middlesex Payables Turnover Regression Statistics

Arithmetic Mean6.45
Geometric Mean5.15
Coefficient Of Variation72.23
Mean Deviation3.79
Median4.64
Standard Deviation4.66
Sample Variance21.70
Range14.1266
R-Value(0.60)
Mean Square Error15.07
R-Squared0.35
Significance0.02
Slope(0.62)
Total Sum of Squares303.77

Middlesex Payables Turnover History

2024 5.76
2023 3.01
2022 3.18
2021 3.49
2020 2.33
2019 2.92
2018 3.7

About Middlesex Water Financial Statements

Middlesex Water investors use historical fundamental indicators, such as Middlesex Water'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 Middlesex Water. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 3.01  5.76 

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Additional Tools for Middlesex Stock Analysis

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