Mistras Days Of Payables Outstanding from 2010 to 2024

MG Stock  USD 8.95  0.13  1.47%   
Mistras' Days Of Payables Outstanding is decreasing over the last several years with stable swings. Days Of Payables Outstanding is predicted to flatten to 11.33. During the period from 2010 to 2024 Mistras Group Days Of Payables Outstanding regressed destribution of quarterly values had coefficient of variationof  28.55 and r-value of (0.20). View All Fundamentals
 
Days Of Payables Outstanding  
First Reported
2010-12-31
Previous Quarter
12.14740997
Current Value
11.33
Quarterly Volatility
2.98815084
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Mistras financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mistras main balance sheet or income statement drivers, such as Depreciation And Amortization of 41.2 M, Interest Expense of 17.6 M or Selling General Administrative of 121.2 M, as well as many exotic indicators such as Price To Sales Ratio of 0.3, Dividend Yield of 0.0 or PTB Ratio of 0.88. Mistras financial statements analysis is a perfect complement when working with Mistras Valuation or Volatility modules.
  
This module can also supplement Mistras' financial leverage analysis and stock options assessment as well as various Mistras Technical models . Check out the analysis of Mistras Correlation against competitors.

Latest Mistras' Days Of Payables Outstanding Growth Pattern

Below is the plot of the Days Of Payables Outstanding of Mistras Group over the last few years. It is Mistras' Days Of Payables Outstanding historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Mistras' overall financial position and show how it may be relating to other accounts over time.
Days Of Payables Outstanding10 Years Trend
Pretty Stable
   Days Of Payables Outstanding   
       Timeline  

Mistras Days Of Payables Outstanding Regression Statistics

Arithmetic Mean10.47
Geometric Mean10.11
Coefficient Of Variation28.55
Mean Deviation2.33
Median9.79
Standard Deviation2.99
Sample Variance8.93
Range10.5844
R-Value(0.20)
Mean Square Error9.21
R-Squared0.04
Significance0.47
Slope(0.14)
Total Sum of Squares125.01

Mistras Days Of Payables Outstanding History

2024 11.33
2023 12.15
2022 9.35
2021 9.79
2020 12.55
2019 10.33
2018 9.47

About Mistras Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Mistras income statement, its balance sheet, and the statement of cash flows. Mistras investors use historical funamental indicators, such as Mistras's Days Of Payables Outstanding, to determine how well the company is positioned to perform in the future. Although Mistras investors may use each financial statement separately, they are all related. The changes in Mistras's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Mistras'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 Mistras Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Mistras. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Of Payables Outstanding 12.15  11.33 
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Mistras in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Mistras' short interest history, or implied volatility extrapolated from Mistras options trading.

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When determining whether Mistras Group is a strong investment it is important to analyze Mistras' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Mistras' future performance. For an informed investment choice regarding Mistras Stock, refer to the following important reports:
Check out the analysis of Mistras Correlation against competitors.
Note that the Mistras Group information on this page should be used as a complementary analysis to other Mistras' 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 Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.

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When running Mistras' price analysis, check to measure Mistras' 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 Mistras is operating at the current time. Most of Mistras' value examination focuses on studying past and present price action to predict the probability of Mistras' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mistras' price. Additionally, you may evaluate how the addition of Mistras to your portfolios can decrease your overall portfolio volatility.
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Is Mistras' 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 Mistras. If investors know Mistras 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 Mistras 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
(0.93)
Earnings Share
(0.56)
Revenue Per Share
23.26
Quarterly Revenue Growth
0.082
Return On Assets
0.0295
The market value of Mistras Group is measured differently than its book value, which is the value of Mistras that is recorded on the company's balance sheet. Investors also form their own opinion of Mistras' value that differs from its market value or its book value, called intrinsic value, which is Mistras' 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 Mistras' market value can be influenced by many factors that don't directly affect Mistras' 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 Mistras' value and its price as these two are different measures arrived at by different means. Investors typically determine if Mistras is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mistras' 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.