American Payables Turnover from 2010 to 2024

AMT Stock  USD 209.00  0.30  0.14%   
American Tower 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 American Tower Corp pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
12.60378817
Current Value
13.23
Quarterly Volatility
4.75091911
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check American Tower financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among American Tower's main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.2 B, Interest Expense of 1.5 B or Selling General Administrative of 1 B, as well as many indicators such as Price To Sales Ratio of 12.29, Dividend Yield of 0.0308 or PTB Ratio of 25.16. American financial statements analysis is a perfect complement when working with American Tower Valuation or Volatility modules.
  
Check out the analysis of American Tower Correlation against competitors.

Latest American Tower's Payables Turnover Growth Pattern

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

American Payables Turnover Regression Statistics

Arithmetic Mean11.43
Geometric Mean9.95
Coefficient Of Variation41.56
Mean Deviation3.88
Median13.23
Standard Deviation4.75
Sample Variance22.57
Range14.3189
R-Value0.69
Mean Square Error12.78
R-Squared0.47
Significance0
Slope0.73
Total Sum of Squares316.00

American Payables Turnover History

2024 13.23
2023 12.6
2022 14.93
2021 9.85
2020 16.01
2019 14.97
2018 16.65

About American Tower Financial Statements

American Tower shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although American Tower investors may analyze each financial statement separately, they are all interrelated. The changes in American Tower's assets and liabilities, for example, are also reflected in the revenues and expenses on on American Tower'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 12.60  13.23 

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Additional Tools for American Stock Analysis

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