Sun Payables Turnover from 2010 to 2024

SUI Stock  USD 127.05  0.05  0.04%   
Sun Communities' Payables Turnover is increasing with stable movements from year to year. Payables Turnover is estimated to finish at 6.01 this year. Payables Turnover is a liquidity ratio that shows how quickly Sun Communities pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
4.76
Current Value
6.01
Quarterly Volatility
0.88637288
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Sun Communities financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sun Communities' main balance sheet or income statement drivers, such as Depreciation And Amortization of 693 M, Interest Expense of 345.6 M or Selling General Administrative of 283.7 M, as well as many indicators such as Price To Sales Ratio of 4.05, Dividend Yield of 0.0274 or PTB Ratio of 1.77. Sun financial statements analysis is a perfect complement when working with Sun Communities Valuation or Volatility modules.
  
Check out the analysis of Sun Communities Correlation against competitors.
For more detail on how to invest in Sun Stock please use our How to Invest in Sun Communities guide.

Latest Sun Communities' Payables Turnover Growth Pattern

Below is the plot of the Payables Turnover of Sun Communities 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. Sun Communities' Payables Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Sun Communities' overall financial position and show how it may be relating to other accounts over time.
Payables Turnover10 Years Trend
Pretty Stable
   Payables Turnover   
       Timeline  

Sun Payables Turnover Regression Statistics

Arithmetic Mean4.83
Geometric Mean4.77
Coefficient Of Variation18.34
Mean Deviation0.53
Median4.63
Standard Deviation0.89
Sample Variance0.79
Range3.4883
R-Value0.19
Mean Square Error0.82
R-Squared0.04
Significance0.50
Slope0.04
Total Sum of Squares11.00

Sun Payables Turnover History

2024 6.01
2023 4.76
2020 4.14
2019 7.62

About Sun Communities Financial Statements

Investors use fundamental indicators, such as Sun Communities' Payables Turnover, to determine how well the company is positioned to perform in the future. Although Sun Communities' 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 4.76  6.01 

Currently Active Assets on Macroaxis

When determining whether Sun Communities offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sun Communities' 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 Sun Communities Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sun Communities Stock:
Check out the analysis of Sun Communities Correlation against competitors.
For more detail on how to invest in Sun Stock please use our How to Invest in Sun Communities guide.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Single-Family Residential REITs 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 Sun Communities. If investors know Sun 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 Sun Communities 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
1.391
Dividend Share
3.75
Earnings Share
1.85
Revenue Per Share
25.753
Quarterly Revenue Growth
(0.03)
The market value of Sun Communities is measured differently than its book value, which is the value of Sun that is recorded on the company's balance sheet. Investors also form their own opinion of Sun Communities' value that differs from its market value or its book value, called intrinsic value, which is Sun Communities' 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 Sun Communities' market value can be influenced by many factors that don't directly affect Sun Communities' 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 Sun Communities' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sun Communities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sun Communities' 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.