CSX Payables Turnover from 2010 to 2024

CSX Stock  USD 32.52  0.05  0.15%   
CSX Payables Turnover yearly trend continues to be fairly stable with very little volatility. Payables Turnover will likely drop to 4.57 in 2024. Payables Turnover is a liquidity ratio that shows how quickly CSX Corporation pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
7.26919968
Current Value
4.57
Quarterly Volatility
1.99706953
 
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Check CSX financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CSX's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.7 B, Interest Expense of 849.5 M or Total Revenue of 11.1 B, as well as many indicators such as Price To Sales Ratio of 4.99, Dividend Yield of 0.0228 or PTB Ratio of 6.03. CSX financial statements analysis is a perfect complement when working with CSX Valuation or Volatility modules.
  
Check out the analysis of CSX Correlation against competitors.

Latest CSX's Payables Turnover Growth Pattern

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

CSX Payables Turnover Regression Statistics

Arithmetic Mean8.37
Geometric Mean8.12
Coefficient Of Variation23.86
Mean Deviation1.61
Median8.02
Standard Deviation2.00
Sample Variance3.99
Range6.1983
R-Value(0.53)
Mean Square Error3.09
R-Squared0.28
Significance0.04
Slope(0.24)
Total Sum of Squares55.84

CSX Payables Turnover History

2024 4.57
2023 7.27
2022 8.02
2021 7.67
2020 7.69
2019 6.77
2018 7.88

About CSX Financial Statements

CSX investors use historical fundamental indicators, such as CSX's Payables Turnover, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in CSX. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 7.27  4.57 

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Additional Tools for CSX Stock Analysis

When running CSX's price analysis, check to measure CSX's 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 CSX is operating at the current time. Most of CSX's value examination focuses on studying past and present price action to predict the probability of CSX's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CSX's price. Additionally, you may evaluate how the addition of CSX to your portfolios can decrease your overall portfolio volatility.