Morningstar Payables Turnover from 2010 to 2024

MORN Stock  USD 284.27  0.00  0.00%   
Morningstar Payables Turnover yearly trend continues to be very stable with very little volatility. Payables Turnover is likely to grow to 13.77 this year. Payables Turnover is a liquidity ratio that shows how quickly Morningstar pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
13.11734694
Current Value
13.77
Quarterly Volatility
3.50219612
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Morningstar financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Morningstar main balance sheet or income statement drivers, such as Depreciation And Amortization of 194.1 M, Interest Expense of 63.7 M or Total Revenue of 2.2 B, as well as many exotic indicators such as Price To Sales Ratio of 6.24, Dividend Yield of 0.0081 or PTB Ratio of 9.0. Morningstar financial statements analysis is a perfect complement when working with Morningstar Valuation or Volatility modules.
  
This module can also supplement Morningstar's financial leverage analysis and stock options assessment as well as various Morningstar Technical models . Check out the analysis of Morningstar Correlation against competitors.
To learn how to invest in Morningstar Stock, please use our How to Invest in Morningstar guide.

Latest Morningstar's Payables Turnover Growth Pattern

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

Morningstar Payables Turnover Regression Statistics

Arithmetic Mean7.28
Geometric Mean6.38
Coefficient Of Variation48.14
Mean Deviation2.76
Median7.72
Standard Deviation3.50
Sample Variance12.27
Range11.7757
R-Value0.51
Mean Square Error9.79
R-Squared0.26
Significance0.05
Slope0.40
Total Sum of Squares171.72

Morningstar Payables Turnover History

2024 13.77
2023 13.12
2022 10.23
2021 1.99
2020 2.38
2019 8.2
2018 7.56

About Morningstar Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Morningstar income statement, its balance sheet, and the statement of cash flows. Morningstar investors use historical funamental indicators, such as Morningstar's Payables Turnover, to determine how well the company is positioned to perform in the future. Although Morningstar investors may use each financial statement separately, they are all related. The changes in Morningstar's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Morningstar'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 Morningstar Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Morningstar. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 13.12  13.77 

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When determining whether Morningstar offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Morningstar's 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 Morningstar Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Morningstar Stock:
Check out the analysis of Morningstar Correlation against competitors.
To learn how to invest in Morningstar Stock, please use our How to Invest in Morningstar guide.
You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

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When running Morningstar's price analysis, check to measure Morningstar's 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 Morningstar is operating at the current time. Most of Morningstar's value examination focuses on studying past and present price action to predict the probability of Morningstar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Morningstar's price. Additionally, you may evaluate how the addition of Morningstar to your portfolios can decrease your overall portfolio volatility.
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Is Morningstar's 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 Morningstar. If investors know Morningstar 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 Morningstar 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
21.285
Dividend Share
1.555
Earnings Share
4.95
Revenue Per Share
49.278
Quarterly Revenue Growth
0.132
The market value of Morningstar is measured differently than its book value, which is the value of Morningstar that is recorded on the company's balance sheet. Investors also form their own opinion of Morningstar's value that differs from its market value or its book value, called intrinsic value, which is Morningstar'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 Morningstar's market value can be influenced by many factors that don't directly affect Morningstar'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 Morningstar's value and its price as these two are different measures arrived at by different means. Investors typically determine if Morningstar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Morningstar'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.