Advanced Payables Turnover from 2010 to 2024

WMS Stock  USD 131.57  0.00  0.00%   
Advanced Drainage 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 Advanced Drainage Systems pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
6.79448587
Current Value
7.07
Quarterly Volatility
1.63905289
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Advanced Drainage financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Advanced Drainage's main balance sheet or income statement drivers, such as Depreciation And Amortization of 162.6 M, Interest Expense of 93.3 M or Selling General Administrative of 182.2 M, as well as many indicators such as Price To Sales Ratio of 4.87, Dividend Yield of 0.0031 or PTB Ratio of 11.1. Advanced financial statements analysis is a perfect complement when working with Advanced Drainage Valuation or Volatility modules.
  
Check out the analysis of Advanced Drainage Correlation against competitors.

Latest Advanced Drainage's Payables Turnover Growth Pattern

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

Advanced Payables Turnover Regression Statistics

Arithmetic Mean8.55
Geometric Mean8.42
Coefficient Of Variation19.18
Mean Deviation1.21
Median7.89
Standard Deviation1.64
Sample Variance2.69
Range5.9253
R-Value0.15
Mean Square Error2.83
R-Squared0.02
Significance0.60
Slope0.05
Total Sum of Squares37.61

Advanced Payables Turnover History

2024 7.07
2023 6.79
2022 9.29
2021 8.75
2020 7.56
2019 12.72
2018 11.3

About Advanced Drainage Financial Statements

Advanced Drainage shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although Advanced Drainage investors may analyze each financial statement separately, they are all interrelated. The changes in Advanced Drainage's assets and liabilities, for example, are also reflected in the revenues and expenses on on Advanced Drainage's 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 6.79  7.07 

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Additional Tools for Advanced Stock Analysis

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