Sirius Payables Turnover from 2010 to 2024

SIRI Stock  USD 26.62  0.30  1.14%   
Sirius XM's Payables Turnover is increasing with slightly volatile movements from year to year. Payables Turnover is estimated to finish at 6.74 this year. Payables Turnover is a liquidity ratio that shows how quickly Sirius XM Holding pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
3.49770291
Current Value
6.74
Quarterly Volatility
1.10412348
 
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Yuan Drop
 
Covid
Check Sirius XM financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sirius XM's main balance sheet or income statement drivers, such as Depreciation And Amortization of 629 M, Interest Expense of 444.1 M or Total Revenue of 9.4 B, as well as many indicators such as Price To Sales Ratio of 2.24, Dividend Yield of 0.0118 or Days Sales Outstanding of 31.92. Sirius financial statements analysis is a perfect complement when working with Sirius XM Valuation or Volatility modules.
  
Check out the analysis of Sirius XM Correlation against competitors.

Latest Sirius XM's Payables Turnover Growth Pattern

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

Sirius Payables Turnover Regression Statistics

Arithmetic Mean3.43
Geometric Mean3.28
Coefficient Of Variation32.20
Mean Deviation0.60
Median3.35
Standard Deviation1.10
Sample Variance1.22
Range5.1897
R-Value0.68
Mean Square Error0.71
R-Squared0.46
Significance0.01
Slope0.17
Total Sum of Squares17.07

Sirius Payables Turnover History

2024 6.74
2023 3.5
2022 3.59
2021 3.3
2020 3.22
2019 3.35
2018 3.78

About Sirius XM Financial Statements

Investors use fundamental indicators, such as Sirius XM's Payables Turnover, to determine how well the company is positioned to perform in the future. Although Sirius XM'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 3.50  6.74 

Currently Active Assets on Macroaxis

When determining whether Sirius XM Holding offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sirius XM'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 Sirius Xm Holding Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sirius Xm Holding Stock:
Check out the analysis of Sirius XM Correlation against competitors.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Is Cable & Satellite 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 Sirius XM. If investors know Sirius 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 Sirius XM listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share
1.064
Earnings Share
(4.35)
Revenue Per Share
22.896
Quarterly Revenue Growth
(0.04)
Return On Assets
0.0669
The market value of Sirius XM Holding is measured differently than its book value, which is the value of Sirius that is recorded on the company's balance sheet. Investors also form their own opinion of Sirius XM's value that differs from its market value or its book value, called intrinsic value, which is Sirius XM'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 Sirius XM's market value can be influenced by many factors that don't directly affect Sirius XM'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 Sirius XM's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sirius XM is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sirius XM'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.