American Payables Turnover from 2010 to 2024

AREC Stock  USD 0.90  0.14  13.46%   
American Resources' Payables Turnover is decreasing over the years with slightly volatile fluctuation. Payables Turnover is expected to dwindle to 1.49. Payables Turnover is a liquidity ratio that shows how quickly American Resources Corp pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
1.57027476
Current Value
1.49
Quarterly Volatility
1.75145806
 
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Check American Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among American Resources' main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.8 M, Interest Expense of 2.6 M or Selling General Administrative of 9.3 M, as well as many indicators such as Price To Sales Ratio of 8.45, Dividend Yield of 0.0015 or PTB Ratio of 527. American financial statements analysis is a perfect complement when working with American Resources Valuation or Volatility modules.
  
Check out the analysis of American Resources Correlation against competitors.

Latest American Resources' Payables Turnover Growth Pattern

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

American Payables Turnover Regression Statistics

Arithmetic Mean3.41
Geometric Mean2.96
Coefficient Of Variation51.44
Mean Deviation1.29
Median3.98
Standard Deviation1.75
Sample Variance3.07
Range6.9281
R-Value(0.68)
Mean Square Error1.79
R-Squared0.46
Significance0.01
Slope(0.26)
Total Sum of Squares42.95

American Payables Turnover History

2024 1.49
2023 1.57
2022 2.77
2021 1.17
2020 1.03
2019 2.74
2018 3.47

About American Resources Financial Statements

American Resources stakeholders use historical fundamental indicators, such as American Resources' Payables Turnover, to determine how well the company is positioned to perform in the future. Although American Resources investors may analyze each financial statement separately, they are all interrelated. For example, changes in American Resources' assets and liabilities are reflected in the revenues and expenses on American Resources' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in American Resources Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 1.57  1.49 

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When determining whether American Resources Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of American Resources' 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 American Resources Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on American Resources Corp Stock:
Check out the analysis of American Resources Correlation against competitors.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Is Oil, Gas & Consumable Fuels 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 American Resources. If investors know American 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 American Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.19)
Revenue Per Share
0.079
Quarterly Revenue Growth
(1.00)
Return On Assets
(0.09)
Return On Equity
(45.05)
The market value of American Resources Corp is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Resources' value that differs from its market value or its book value, called intrinsic value, which is American Resources' 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 American Resources' market value can be influenced by many factors that don't directly affect American Resources' 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 American Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if American Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Resources' 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.