Arista Payables Turnover from 2010 to 2024

ANET Stock  USD 112.81  3.74  3.43%   
Arista Networks 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 Arista Networks pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
5.12548183
Current Value
5.48
Quarterly Volatility
1.77164377
 
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Check Arista Networks financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Arista Networks' main balance sheet or income statement drivers, such as Depreciation And Amortization of 74.2 M, Interest Expense of 66 M or Selling General Administrative of 67.1 M, as well as many indicators such as Price To Sales Ratio of 11.9, Dividend Yield of 0.0 or PTB Ratio of 9.59. Arista financial statements analysis is a perfect complement when working with Arista Networks Valuation or Volatility modules.
  
Check out the analysis of Arista Networks Correlation against competitors.
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Latest Arista Networks' Payables Turnover Growth Pattern

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

Arista Payables Turnover Regression Statistics

Arithmetic Mean6.59
Geometric Mean6.40
Coefficient Of Variation26.89
Mean Deviation1.33
Median5.92
Standard Deviation1.77
Sample Variance3.14
Range6.0854
R-Value0.11
Mean Square Error3.34
R-Squared0.01
Significance0.70
Slope0.04
Total Sum of Squares43.94

Arista Payables Turnover History

2024 5.48
2023 5.13
2022 7.33
2021 5.27
2020 6.23
2019 9.41
2018 8.3

About Arista Networks Financial Statements

Arista Networks shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although Arista Networks investors may analyze each financial statement separately, they are all interrelated. The changes in Arista Networks' assets and liabilities, for example, are also reflected in the revenues and expenses on on Arista Networks' 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 5.13  5.48 

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Additional Tools for Arista Stock Analysis

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