Oceaneering Payables Turnover from 2010 to 2024

OII Stock  USD 29.98  0.19  0.64%   
Oceaneering International's Payables Turnover is decreasing with slightly volatile movements from year to year. Payables Turnover is predicted to flatten to 11.54. Payables Turnover is a liquidity ratio that shows how quickly Oceaneering International pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
12.98015558
Current Value
11.54
Quarterly Volatility
4.30305933
 
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Check Oceaneering International financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Oceaneering International's main balance sheet or income statement drivers, such as Depreciation And Amortization of 97.3 M, Interest Expense of 38.3 M or Total Revenue of 1.3 B, as well as many indicators such as Price To Sales Ratio of 0.99, Dividend Yield of 0.0156 or PTB Ratio of 2.02. Oceaneering financial statements analysis is a perfect complement when working with Oceaneering International Valuation or Volatility modules.
  
Check out the analysis of Oceaneering International Correlation against competitors.
For more detail on how to invest in Oceaneering Stock please use our How to Invest in Oceaneering International guide.

Latest Oceaneering International's Payables Turnover Growth Pattern

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

Oceaneering Payables Turnover Regression Statistics

Arithmetic Mean16.73
Geometric Mean16.24
Coefficient Of Variation25.71
Mean Deviation3.55
Median16.51
Standard Deviation4.30
Sample Variance18.52
Range14.1373
R-Value(0.40)
Mean Square Error16.74
R-Squared0.16
Significance0.14
Slope(0.39)
Total Sum of Squares259.23

Oceaneering Payables Turnover History

2024 11.54
2023 12.98
2022 11.88
2021 13.12
2020 17.66
2019 13.36
2018 17.35

About Oceaneering International Financial Statements

Investors use fundamental indicators, such as Oceaneering International's Payables Turnover, to determine how well the company is positioned to perform in the future. Although Oceaneering International's 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 12.98  11.54 

Currently Active Assets on Macroaxis

When determining whether Oceaneering International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Oceaneering International's 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 Oceaneering International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Oceaneering International Stock:
Check out the analysis of Oceaneering International Correlation against competitors.
For more detail on how to invest in Oceaneering Stock please use our How to Invest in Oceaneering International guide.
You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Is Oil & Gas Equipment & Services 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 Oceaneering International. If investors know Oceaneering 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 Oceaneering International 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
0.379
Earnings Share
1.32
Revenue Per Share
25.723
Quarterly Revenue Growth
0.07
Return On Assets
0.0578
The market value of Oceaneering International is measured differently than its book value, which is the value of Oceaneering that is recorded on the company's balance sheet. Investors also form their own opinion of Oceaneering International's value that differs from its market value or its book value, called intrinsic value, which is Oceaneering International's 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 Oceaneering International's market value can be influenced by many factors that don't directly affect Oceaneering International's 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 Oceaneering International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Oceaneering International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oceaneering International's 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.