Service Payables Turnover from 2010 to 2024

SCI Stock  USD 86.39  0.16  0.18%   
Service International's Payables Turnover is decreasing with slightly volatile movements from year to year. Payables Turnover is predicted to flatten to 11.47. Payables Turnover is a liquidity ratio that shows how quickly Service 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
14.79194205
Current Value
11.47
Quarterly Volatility
3.40750215
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Service International financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Service International's main balance sheet or income statement drivers, such as Depreciation And Amortization of 171.9 M, Interest Expense of 262.8 M or Total Revenue of 2.4 B, as well as many indicators such as Price To Sales Ratio of 2.04, Dividend Yield of 0.0197 or PTB Ratio of 7.02. Service financial statements analysis is a perfect complement when working with Service International Valuation or Volatility modules.
  
Check out the analysis of Service International Correlation against competitors.
For more detail on how to invest in Service Stock please use our How to Invest in Service International guide.

Latest Service International's Payables Turnover Growth Pattern

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

Service Payables Turnover Regression Statistics

Arithmetic Mean15.68
Geometric Mean15.40
Coefficient Of Variation21.73
Mean Deviation2.19
Median14.79
Standard Deviation3.41
Sample Variance11.61
Range14.9388
R-Value(0.63)
Mean Square Error7.50
R-Squared0.40
Significance0.01
Slope(0.48)
Total Sum of Squares162.55

Service Payables Turnover History

2024 11.47
2023 14.79
2022 16.6
2021 13.91
2020 13.6
2019 14.16
2018 14.02

About Service International Financial Statements

Investors use fundamental indicators, such as Service International's Payables Turnover, to determine how well the company is positioned to perform in the future. Although Service 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 14.79  11.47 

Currently Active Assets on Macroaxis

When determining whether Service International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Service 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 Service International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Service International Stock:
Check out the analysis of Service International Correlation against competitors.
For more detail on how to invest in Service Stock please use our How to Invest in Service International guide.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Is Diversified Consumer 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 Service International. If investors know Service 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 Service 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
0.013
Dividend Share
1.19
Earnings Share
3.43
Revenue Per Share
28.44
Quarterly Revenue Growth
0.012
The market value of Service International is measured differently than its book value, which is the value of Service that is recorded on the company's balance sheet. Investors also form their own opinion of Service International's value that differs from its market value or its book value, called intrinsic value, which is Service 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 Service International's market value can be influenced by many factors that don't directly affect Service 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 Service International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Service International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Service 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.