NACCO Payables Turnover from 2010 to 2024

NC Stock  USD 31.69  1.53  4.61%   
NACCO Industries' Payables Turnover is increasing over the years with slightly volatile fluctuation. Payables Turnover is expected to dwindle to 6.58. Payables Turnover is a liquidity ratio that shows how quickly NACCO Industries pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
11.54157674
Current Value
6.58
Quarterly Volatility
4.02399744
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check NACCO Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NACCO main balance sheet or income statement drivers, such as Depreciation And Amortization of 40.7 M, Interest Expense of 2.3 M or Total Revenue of 204.1 M, as well as many exotic indicators such as Price To Sales Ratio of 1.33, Dividend Yield of 0.0225 or PTB Ratio of 0.75. NACCO financial statements analysis is a perfect complement when working with NACCO Industries Valuation or Volatility modules.
  
This module can also supplement various NACCO Industries Technical models . Check out the analysis of NACCO Industries Correlation against competitors.
For information on how to trade NACCO Stock refer to our How to Trade NACCO Stock guide.

Latest NACCO Industries' Payables Turnover Growth Pattern

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

NACCO Payables Turnover Regression Statistics

Arithmetic Mean9.10
Geometric Mean8.38
Coefficient Of Variation44.24
Mean Deviation3.15
Median7.75
Standard Deviation4.02
Sample Variance16.19
Range14.6656
R-Value0.57
Mean Square Error11.87
R-Squared0.32
Significance0.03
Slope0.51
Total Sum of Squares226.70

NACCO Payables Turnover History

2024 6.58
2023 11.54
2022 13.06
2021 11.46
2020 19.74
2019 11.04
2018 11.21

About NACCO Industries Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include NACCO Industries income statement, its balance sheet, and the statement of cash flows. NACCO Industries investors use historical funamental indicators, such as NACCO Industries's Payables Turnover, to determine how well the company is positioned to perform in the future. Although NACCO Industries investors may use each financial statement separately, they are all related. The changes in NACCO Industries's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on NACCO Industries's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on NACCO Industries Financial Statements. Understanding these patterns can help to make the right decision on long term investment in NACCO Industries. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 11.54  6.58 

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether NACCO Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of NACCO Industries' 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 Nacco Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nacco Industries Stock:
Check out the analysis of NACCO Industries Correlation against competitors.
For information on how to trade NACCO Stock refer to our How to Trade NACCO Stock guide.
Note that the NACCO Industries information on this page should be used as a complementary analysis to other NACCO Industries' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.

Complementary Tools for NACCO Stock analysis

When running NACCO Industries' price analysis, check to measure NACCO Industries' 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 NACCO Industries is operating at the current time. Most of NACCO Industries' value examination focuses on studying past and present price action to predict the probability of NACCO Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NACCO Industries' price. Additionally, you may evaluate how the addition of NACCO Industries to your portfolios can decrease your overall portfolio volatility.
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Bonds Directory
Find actively traded corporate debentures issued by US companies
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Is NACCO Industries' industry 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 NACCO Industries. If investors know NACCO 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 NACCO Industries 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
(0.20)
Dividend Share
0.86
Earnings Share
(5.29)
Revenue Per Share
29.121
Quarterly Revenue Growth
0.063
The market value of NACCO Industries is measured differently than its book value, which is the value of NACCO that is recorded on the company's balance sheet. Investors also form their own opinion of NACCO Industries' value that differs from its market value or its book value, called intrinsic value, which is NACCO Industries' 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 NACCO Industries' market value can be influenced by many factors that don't directly affect NACCO Industries' 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 NACCO Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if NACCO Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NACCO Industries' 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.