Legacy Payables Turnover from 2010 to 2024

LGCY Stock  USD 6.41  0.11  1.69%   
Legacy Education Payables Turnover yearly trend continues to be fairly 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 Legacy Education pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
17.1941398
Current Value
32.43259799
Quarterly Volatility
242.86320519
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Legacy Education financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Legacy Education's main balance sheet or income statement drivers, such as Tax Provision of 1.4 M, Net Interest Income of 807.1 K or Interest Income of 931.2 K, as well as many indicators such as Price To Sales Ratio of 3.69, Dividend Yield of 0.0069 or PTB Ratio of 9.97. Legacy financial statements analysis is a perfect complement when working with Legacy Education Valuation or Volatility modules.
  
Check out the analysis of Legacy Education Correlation against competitors.
For more information on how to buy Legacy Stock please use our How to Invest in Legacy Education guide.

Latest Legacy Education's Payables Turnover Growth Pattern

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

Legacy Payables Turnover Regression Statistics

Arithmetic Mean108.16
Geometric Mean47.61
Coefficient Of Variation224.54
Mean Deviation120.63
Median32.43
Standard Deviation242.86
Sample Variance58,983
Range960
R-Value(0)
Mean Square Error63,520
R-Squared0.00000101
Significance1.00
Slope(0.05)
Total Sum of Squares825,756

Legacy Payables Turnover History

2023 17.19
2022 28.76
2021 27.11
2019 32.43
2018 977.52
2017 23.69
2016 36.27

About Legacy Education Financial Statements

Legacy Education investors use historical fundamental indicators, such as Legacy Education'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 Legacy Education. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 17.19  32.43 

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Additional Tools for Legacy Stock Analysis

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