Proto Payables Turnover from 2010 to 2024

PRLB Stock  USD 30.85  0.04  0.13%   
Proto Labs' Payables Turnover is increasing over the years with slightly volatile fluctuation. Payables Turnover is expected to dwindle to 9.11. Payables Turnover is a liquidity ratio that shows how quickly Proto Labs pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
18.02788437
Current Value
9.11
Quarterly Volatility
2.67622219
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Proto Labs financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Proto main balance sheet or income statement drivers, such as Depreciation And Amortization of 21.5 M, Interest Expense of 1 M or Selling General Administrative of 38.8 M, as well as many exotic indicators such as Price To Sales Ratio of 1.92, Dividend Yield of 0.0 or PTB Ratio of 2.32. Proto financial statements analysis is a perfect complement when working with Proto Labs Valuation or Volatility modules.
  
This module can also supplement Proto Labs' financial leverage analysis and stock options assessment as well as various Proto Labs Technical models . Check out the analysis of Proto Labs Correlation against competitors.
For information on how to trade Proto Stock refer to our How to Trade Proto Stock guide.

Latest Proto Labs' Payables Turnover Growth Pattern

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

Proto Payables Turnover Regression Statistics

Arithmetic Mean11.38
Geometric Mean11.12
Coefficient Of Variation23.51
Mean Deviation1.97
Median10.48
Standard Deviation2.68
Sample Variance7.16
Range9.9869
R-Value0.47
Mean Square Error5.98
R-Squared0.23
Significance0.07
Slope0.28
Total Sum of Squares100.27

Proto Payables Turnover History

2024 9.11
2023 18.03
2022 15.73
2021 10.46
2020 11.87
2019 13.3
2018 11.88

About Proto Labs Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Proto Labs income statement, its balance sheet, and the statement of cash flows. Proto Labs investors use historical funamental indicators, such as Proto Labs's Payables Turnover, to determine how well the company is positioned to perform in the future. Although Proto Labs investors may use each financial statement separately, they are all related. The changes in Proto Labs's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Proto Labs'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 Proto Labs Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Proto Labs. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 18.03  9.11 

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When determining whether Proto Labs offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Proto Labs' 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 Proto Labs Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Proto Labs Stock:
Check out the analysis of Proto Labs Correlation against competitors.
For information on how to trade Proto Stock refer to our How to Trade Proto Stock guide.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

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Is Proto Labs' 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 Proto Labs. If investors know Proto 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 Proto Labs 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
1
Earnings Share
0.76
Revenue Per Share
19.497
Quarterly Revenue Growth
0.016
Return On Assets
0.0251
The market value of Proto Labs is measured differently than its book value, which is the value of Proto that is recorded on the company's balance sheet. Investors also form their own opinion of Proto Labs' value that differs from its market value or its book value, called intrinsic value, which is Proto Labs' 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 Proto Labs' market value can be influenced by many factors that don't directly affect Proto Labs' 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 Proto Labs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Proto Labs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Proto Labs' 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.