GATX Payables Turnover from 2010 to 2024

GATX Stock  USD 152.92  0.25  0.16%   
GATX Payables Turnover yearly trend continues to be fairly stable with very little volatility. Payables Turnover will likely drop to 2.80 in 2024. Payables Turnover is a liquidity ratio that shows how quickly GATX 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
3.1869783
Current Value
2.8
Quarterly Volatility
0.97298747
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check GATX financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among GATX's main balance sheet or income statement drivers, such as Depreciation And Amortization of 239.4 M, Interest Expense of 276.6 M or Total Revenue of 1.3 B, as well as many indicators such as Price To Sales Ratio of 3.19, Dividend Yield of 0.0178 or PTB Ratio of 1.3. GATX financial statements analysis is a perfect complement when working with GATX Valuation or Volatility modules.
  
Check out the analysis of GATX Correlation against competitors.

Latest GATX's Payables Turnover Growth Pattern

Below is the plot of the Payables Turnover of GATX 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. GATX's Payables Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in GATX'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  

GATX Payables Turnover Regression Statistics

Arithmetic Mean4.61
Geometric Mean4.50
Coefficient Of Variation21.11
Mean Deviation0.75
Median4.76
Standard Deviation0.97
Sample Variance0.95
Range3.138
R-Value(0.69)
Mean Square Error0.53
R-Squared0.48
Significance0
Slope(0.15)
Total Sum of Squares13.25

GATX Payables Turnover History

2024 2.8
2023 3.19
2022 3.46
2021 3.33
2020 4.85
2019 5.94
2018 4.64

About GATX Financial Statements

GATX investors use historical fundamental indicators, such as GATX'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 GATX. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 3.19  2.80 

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Additional Tools for GATX Stock Analysis

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