Shell Payables Turnover from 2010 to 2024

SHEL Stock  USD 66.03  0.24  0.36%   
Shell PLC Payables Turnover yearly trend continues to be quite stable with very little volatility. The value of Payables Turnover is projected to decrease to 6.67. Payables Turnover is a liquidity ratio that shows how quickly Shell PLC ADR pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
6.88395826
Current Value
6.67
Quarterly Volatility
1.98874487
 
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Yuan Drop
 
Covid
Check Shell PLC financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Shell PLC's main balance sheet or income statement drivers, such as Depreciation And Amortization of 18.7 B, Interest Expense of 4.7 B or Selling General Administrative of 12.5 B, as well as many indicators such as Price To Sales Ratio of 0.67, Dividend Yield of 0.0352 or PTB Ratio of 1.13. Shell financial statements analysis is a perfect complement when working with Shell PLC Valuation or Volatility modules.
  
Check out the analysis of Shell PLC Correlation against competitors.

Latest Shell PLC's Payables Turnover Growth Pattern

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

Shell Payables Turnover Regression Statistics

Arithmetic Mean8.55
Geometric Mean8.32
Coefficient Of Variation23.26
Mean Deviation1.61
Median8.32
Standard Deviation1.99
Sample Variance3.96
Range7.0445
R-Value(0.21)
Mean Square Error4.07
R-Squared0.04
Significance0.45
Slope(0.09)
Total Sum of Squares55.37

Shell Payables Turnover History

2024 6.67
2023 6.88
2022 7.1
2021 6.61
2020 8.54
2019 10.45
2018 11.32

About Shell PLC Financial Statements

Shell PLC investors utilize fundamental indicators, such as Payables Turnover, to predict how Shell Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Payables Turnover 6.88  6.67 

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When determining whether Shell PLC ADR is a strong investment it is important to analyze Shell PLC's 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 Shell PLC's future performance. For an informed investment choice regarding Shell Stock, refer to the following important reports:
Check out the analysis of Shell PLC Correlation against competitors.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Oil & Gas Exploration & Production 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 Shell PLC. If investors know Shell 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 Shell PLC 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
(0.35)
Dividend Share
1.376
Earnings Share
4.92
Revenue Per Share
92.712
Quarterly Revenue Growth
(0.07)
The market value of Shell PLC ADR is measured differently than its book value, which is the value of Shell that is recorded on the company's balance sheet. Investors also form their own opinion of Shell PLC's value that differs from its market value or its book value, called intrinsic value, which is Shell PLC'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 Shell PLC's market value can be influenced by many factors that don't directly affect Shell PLC'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 Shell PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shell PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shell PLC'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.