FirstService Payables Turnover from 2010 to 2024

FSV Stock  USD 149.54  1.23  0.82%   
FirstService Corp Payables Turnover yearly trend continues to be fairly stable with very little volatility. Payables Turnover will likely drop to 13.60 in 2024. Payables Turnover is a liquidity ratio that shows how quickly FirstService 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
21.84442501
Current Value
13.6
Quarterly Volatility
6.99691355
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check FirstService Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among FirstService main balance sheet or income statement drivers, such as Depreciation And Amortization of 73.4 M, Interest Expense of 50.6 M or Total Revenue of 2.5 B, as well as many exotic indicators such as Price To Sales Ratio of 0.9, Dividend Yield of 0.0088 or PTB Ratio of 5.79. FirstService financial statements analysis is a perfect complement when working with FirstService Corp Valuation or Volatility modules.
  
This module can also supplement FirstService Corp's financial leverage analysis and stock options assessment as well as various FirstService Corp Technical models . Check out the analysis of FirstService Corp Correlation against competitors.
For more information on how to buy FirstService Stock please use our How to Invest in FirstService Corp guide.

Latest FirstService Corp's Payables Turnover Growth Pattern

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

FirstService Payables Turnover Regression Statistics

Arithmetic Mean16.78
Geometric Mean15.31
Coefficient Of Variation41.69
Mean Deviation5.28
Median17.19
Standard Deviation7.00
Sample Variance48.96
Range25.0626
R-Value0.08
Mean Square Error52.40
R-Squared0.01
Significance0.78
Slope0.12
Total Sum of Squares685.40

FirstService Payables Turnover History

2024 13.6
2023 21.84
2022 22.12
2021 22.0
2020 19.0
2019 21.44
2018 7.58

About FirstService Corp Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include FirstService Corp income statement, its balance sheet, and the statement of cash flows. FirstService Corp investors use historical funamental indicators, such as FirstService Corp's Payables Turnover, to determine how well the company is positioned to perform in the future. Although FirstService Corp investors may use each financial statement separately, they are all related. The changes in FirstService Corp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on FirstService Corp'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 FirstService Corp Financial Statements. Understanding these patterns can help to make the right decision on long term investment in FirstService Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 21.84  13.60 

FirstService Corp Investors Sentiment

The influence of FirstService Corp's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in FirstService. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to FirstService Corp's public news can be used to forecast risks associated with an investment in FirstService. The trend in average sentiment can be used to explain how an investor holding FirstService can time the market purely based on public headlines and social activities around FirstService Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
FirstService Corp's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for FirstService Corp's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average FirstService Corp's news discussions. The higher the estimated score, the more favorable is the investor's outlook on FirstService Corp.
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 FirstService Corp 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, FirstService Corp's short interest history, or implied volatility extrapolated from FirstService Corp options trading.

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When determining whether FirstService Corp is a strong investment it is important to analyze FirstService Corp'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 FirstService Corp's future performance. For an informed investment choice regarding FirstService Stock, refer to the following important reports:
Check out the analysis of FirstService Corp Correlation against competitors.
For more information on how to buy FirstService Stock please use our How to Invest in FirstService Corp guide.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

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Is FirstService Corp'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 FirstService Corp. If investors know FirstService 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 FirstService Corp 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
(0.61)
Dividend Share
0.925
Earnings Share
2.02
Revenue Per Share
100.16
Quarterly Revenue Growth
0.137
The market value of FirstService Corp is measured differently than its book value, which is the value of FirstService that is recorded on the company's balance sheet. Investors also form their own opinion of FirstService Corp's value that differs from its market value or its book value, called intrinsic value, which is FirstService Corp'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 FirstService Corp's market value can be influenced by many factors that don't directly affect FirstService Corp'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 FirstService Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if FirstService Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FirstService Corp'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.