MGP Receivables Turnover from 2010 to 2024

MGPI Stock  USD 80.62  1.64  1.99%   
MGP Ingredients' Receivables Turnover is decreasing with slightly volatile movements from year to year. Receivables Turnover is estimated to finish at 7.06 this year. For the period between 2010 and 2024, MGP Ingredients, Receivables Turnover quarterly trend regression had mean deviation of  1.50 and range of 5.6778. View All Fundamentals
 
Receivables Turnover  
First Reported
2010-12-31
Previous Quarter
5.75024746
Current Value
7.06
Quarterly Volatility
1.81304425
 
Credit Downgrade
 
Yuan Drop
 
Covid
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.
  
This module can also supplement MGP Ingredients' financial leverage analysis and stock options assessment as well as various MGP Ingredients Technical models . Check out the analysis of MGP Ingredients Correlation against competitors.
For more detail on how to invest in MGP Stock please use our How to Invest in MGP Ingredients guide.

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 Turnover10 Years Trend
Slightly volatile
   Receivables Turnover   
       Timeline  

MGP Receivables Turnover Regression Statistics

Arithmetic Mean8.81
Geometric Mean8.63
Coefficient Of Variation20.58
Mean Deviation1.50
Median9.40
Standard Deviation1.81
Sample Variance3.29
Range5.6778
R-Value(0.78)
Mean Square Error1.38
R-Squared0.61
Significance0.0006
Slope(0.32)
Total Sum of Squares46.02

MGP Receivables Turnover History

2024 7.06
2023 5.75
2022 6.89
2021 6.39
2020 6.94
2019 8.65
2018 9.52

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 ReportedProjected for Next Year
Receivables Turnover 5.75  7.06 

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When determining whether MGP Ingredients offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MGP Ingredients' 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 Mgp Ingredients Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mgp Ingredients Stock:
Check out the analysis of MGP Ingredients Correlation against competitors.
For more detail on how to invest in MGP Stock please use our How to Invest in MGP Ingredients guide.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

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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.