MGP Receivables Turnover from 2010 to 2024
MGPI Stock | USD 80.62 1.64 1.99% |
Receivables Turnover | First Reported 2010-12-31 | Previous Quarter 5.75024746 | Current Value 7.06 | Quarterly Volatility 1.81304425 |
Check MGP Ingredients financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MGP main balance sheet or income statement drivers, such as Depreciation And Amortization of 13.1 M, Interest Expense of 7 M or Total Revenue of 878.3 M, as well as many exotic indicators such as Price To Sales Ratio of 2.73, Dividend Yield of 0.0082 or PTB Ratio of 1.77. MGP financial statements analysis is a perfect complement when working with MGP Ingredients Valuation or Volatility modules.
MGP | Receivables Turnover |
Latest MGP Ingredients' Receivables Turnover Growth Pattern
Below is the plot of the Receivables Turnover of MGP Ingredients over the last few years. It is MGP Ingredients' Receivables Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in MGP Ingredients' overall financial position and show how it may be relating to other accounts over time.
Receivables Turnover | 10 Years Trend |
|
Receivables Turnover |
Timeline |
MGP Receivables Turnover Regression Statistics
Arithmetic Mean | 8.81 | |
Geometric Mean | 8.63 | |
Coefficient Of Variation | 20.58 | |
Mean Deviation | 1.50 | |
Median | 9.40 | |
Standard Deviation | 1.81 | |
Sample Variance | 3.29 | |
Range | 5.6778 | |
R-Value | (0.78) | |
Mean Square Error | 1.38 | |
R-Squared | 0.61 | |
Significance | 0.0006 | |
Slope | (0.32) | |
Total Sum of Squares | 46.02 |
MGP Receivables Turnover History
About MGP Ingredients Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include MGP Ingredients income statement, its balance sheet, and the statement of cash flows. MGP Ingredients investors use historical funamental indicators, such as MGP Ingredients's Receivables Turnover, to determine how well the company is positioned to perform in the future. Although MGP Ingredients investors may use each financial statement separately, they are all related. The changes in MGP Ingredients's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on MGP Ingredients'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 MGP Ingredients Financial Statements. Understanding these patterns can help to make the right decision on long term investment in MGP Ingredients. Please read more on our technical analysis and fundamental analysis pages.
Last Reported | Projected for Next Year | ||
Receivables Turnover | 5.75 | 7.06 |
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Is MGP Ingredients' 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 MGP Ingredients. If investors know MGP 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 MGP Ingredients 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 0.38 | Dividend Share 0.48 | Earnings Share 4.8 | Revenue Per Share 37.921 | Quarterly Revenue Growth 0.125 |
The market value of MGP Ingredients is measured differently than its book value, which is the value of MGP that is recorded on the company's balance sheet. Investors also form their own opinion of MGP Ingredients' value that differs from its market value or its book value, called intrinsic value, which is MGP Ingredients' 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 MGP Ingredients' market value can be influenced by many factors that don't directly affect MGP Ingredients' 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 MGP Ingredients' value and its price as these two are different measures arrived at by different means. Investors typically determine if MGP Ingredients is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MGP Ingredients' 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.