Abbott Payables Turnover from 2010 to 2024

ABT Stock  USD 114.22  2.32  1.99%   
Abbott Laboratories Payables Turnover yearly trend continues to be comparatively stable with very little volatility. Payables Turnover is likely to outpace its year average in 2024. Payables Turnover is a liquidity ratio that shows how quickly Abbott Laboratories pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
4.18509895
Current Value
5.26
Quarterly Volatility
2.18525511
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Abbott Laboratories financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Abbott Laboratories' main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.4 B, Interest Expense of 605.1 M or Selling General Administrative of 6.2 B, as well as many indicators such as Price To Sales Ratio of 5.01, Dividend Yield of 0.0176 or PTB Ratio of 2.62. Abbott financial statements analysis is a perfect complement when working with Abbott Laboratories Valuation or Volatility modules.
  
Check out the analysis of Abbott Laboratories Correlation against competitors.
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Latest Abbott Laboratories' Payables Turnover Growth Pattern

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

Abbott Payables Turnover Regression Statistics

Arithmetic Mean6.27
Geometric Mean5.91
Coefficient Of Variation34.88
Mean Deviation2.01
Median5.26
Standard Deviation2.19
Sample Variance4.78
Range5.9835
R-Value(0.82)
Mean Square Error1.65
R-Squared0.68
Significance0.0002
Slope(0.40)
Total Sum of Squares66.85

Abbott Payables Turnover History

2024 5.26
2023 4.19
2022 4.15
2021 4.21
2020 3.8
2019 4.07
2018 4.27

About Abbott Laboratories Financial Statements

Abbott Laboratories shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although Abbott Laboratories investors may analyze each financial statement separately, they are all interrelated. The changes in Abbott Laboratories' assets and liabilities, for example, are also reflected in the revenues and expenses on on Abbott Laboratories' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Payables Turnover 4.19  5.26 

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Additional Tools for Abbott Stock Analysis

When running Abbott Laboratories' price analysis, check to measure Abbott Laboratories' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Abbott Laboratories is operating at the current time. Most of Abbott Laboratories' value examination focuses on studying past and present price action to predict the probability of Abbott Laboratories' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Abbott Laboratories' price. Additionally, you may evaluate how the addition of Abbott Laboratories to your portfolios can decrease your overall portfolio volatility.