Richard Sloan from the University of Michigan was first to document what is referred to as the "accrual anomaly". His 1996 paper found that shares of companies with small or negative accruals vastly outperform (+10%) those of companies with large ones.
As of Dec. 2024, Supreme Distribution PCL has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.
Supreme Distribution PCL Sloan Ratio % Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Supreme Distribution PCL's Sloan Ratio %
For the Electronics & Computer Distribution subindustry, Supreme Distribution PCL's Sloan Ratio %, along with its competitors' market caps and Sloan Ratio % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Supreme Distribution PCL's Sloan Ratio % Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Supreme Distribution PCL's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where Supreme Distribution PCL's Sloan Ratio % falls into.
Supreme Distribution PCL Sloan Ratio % Calculation
Earnings contain a lot of non cash earnings which is called accruals. The Sloan ratio is a way to identify firms with low non-cash or accrual-derived earnings relative to their cash flow.
Supreme Distribution PCL's Sloan Ratio for the fiscal year that ended in Dec. 2024 is calculated as
Supreme Distribution PCL's Net Income for the trailing twelve months (TTM) ended in Dec. 2024 was 33.907 (Dec. 2023 ) + 28.879 (Jun. 2024 ) + 68.986 (Sep. 2024 ) + 18.769 (Dec. 2024 ) = ฿150.5 Mil.
Supreme Distribution PCL's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2024 was 0 (Dec. 2023 ) + 0 (Jun. 2024 ) + 0 (Sep. 2024 ) + 0 (Dec. 2024 ) = ฿0.0 Mil.
Supreme Distribution PCL's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2024 was 0 (Dec. 2023 ) + 0 (Jun. 2024 ) + 0 (Sep. 2024 ) + 0 (Dec. 2024 ) = ฿0.0 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Supreme Distribution PCL (BKK:SPREME) Sloan Ratio % Explanation
A former University of Michigan researcher, Richard Sloan's 1996 paper found that shares of companies with small or negative accruals vastly outperform (+10%) those of companies with large ones. In fact, for the 40-year period between 1962 and 2001, buying the lowest accrual companies and shorting the highest accrual companies resulted in an average annual compounded return of 18%, more than double the S&P 500's 7.4% annual return over the same period.
If the Sloan Ratio is between -10% and 10%, the company is in the safe zone and there is no funny business with accruals.
If the Sloan Ratio is less than between -25% and -10% on the negative side, and between 10% and 25% on the positive side, this is a warning stage of accrual build up.
If the Sloan Ratio is less than -25% or greater than 25%, and this ratio is consistent over several quarters or even years, be careful. Earnings are highly likely to be made up of accruals.
As of Dec. 2024, Supreme Distribution PCL has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.
Supreme Distribution PCL Sloan Ratio % Related Terms
Thank you for viewing the detailed overview of Supreme Distribution PCL's Sloan Ratio % provided by GuruFocus.com. Please click on the following links to see related term pages.
Supreme Distribution PCL is engaged in the distribution, installation and leasing out computer and peripheral components. The company has two reportable segments, Sales of goods and Rendering of services and rental. Key revenue is generated from its Sales of goods segment.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
BKK:SPREME has been successfully added to your 