Popular Inc

NASDAQ BPOP

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Popular Inc Accounts Payable Turnover Ratio 5 year CAGR for the year ending December 31, 2023: 274.62%

Popular Inc Accounts Payable Turnover Ratio 5 year CAGR is 274.62% for the year ending December 31, 2023, a 15.55% change year over year. The accounts payable turnover ratio measures the number of times a company pays off its accounts payable during a specific period. It is calculated by dividing the company's revenue by its accounts payable. This ratio indicates how efficiently a company manages its outstanding payments to suppliers and vendors. A higher turnover ratio suggests that the company is paying off its obligations quickly, while a lower ratio may indicate a slower payment process or potential liquidity issues. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • Popular Inc Accounts Payable Turnover Ratio for the year ending December 31, 2022 was 23.46, a 27.48% change year over year.
  • Popular Inc Accounts Payable Turnover Ratio for the year ending December 31, 2021 was 18.40, a 556.19% change year over year.
  • Popular Inc Accounts Payable Turnover Ratio for the year ending December 31, 2020 was 2.80, a -86.83% change year over year.
  • Popular Inc Accounts Payable Turnover Ratio for the year ending December 31, 2019 was 21.30, a 35,803.53% change year over year.
NASDAQ: BPOP

Popular Inc

CEO Mr. Ignacio Alvarez Esq.
IPO Date March 26, 1990
Location United States
Headquarters 209 MuNoz Rivera Avenue, Hato Rey, PR, United States, 00918
Employees 9,132
Sector Financial Services
Industry Banks - regional
Description

Popular, Inc., through its subsidiaries, provides various retail, mortgage, and commercial banking products and services in Puerto Rico, the United States, and the British Virgin Islands. The company provides savings, NOW, money market, and other interest-bearing demand accounts; non-interest bearing demand deposits; and certificates of deposit. It also offers commercial and industrial, commercial multi-family, commercial real estate, and residential mortgage loans; consumer loans, including personal loans, credit cards, automobile loans, home equity lines of credit, and other loans to individual borrowers; construction loans; and lease financing comprising automobile loans/leases. In addition, the company provides investment banking, auto and equipment leasing and financing, broker-dealer, and insurance services; debit cards; and online banking services. Popular, Inc. was founded in 1893 and is headquartered in Hato Rey, Puerto Rico.

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StockViz Staff

September 20, 2024

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