Arts Payables Turnover from 2010 to 2024

ARTW Stock  USD 1.64  0.06  3.53%   
Arts Way Payables Turnover yearly trend continues to be fairly stable with very little volatility. Payables Turnover will likely drop to 16.46 in 2024. Payables Turnover is a liquidity ratio that shows how quickly Arts Way Manufacturing Co pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
19.4
Current Value
16.46
Quarterly Volatility
12.31327082
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Arts Way financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Arts Way's main balance sheet or income statement drivers, such as Depreciation And Amortization of 614.8 K, Interest Expense of 385.3 K or Selling General Administrative of 3 M, as well as many indicators such as Price To Sales Ratio of 0.46, Dividend Yield of 0.0483 or PTB Ratio of 1.55. Arts financial statements analysis is a perfect complement when working with Arts Way Valuation or Volatility modules.
  
Check out the analysis of Arts Way Correlation against competitors.

Latest Arts Way's Payables Turnover Growth Pattern

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

Arts Payables Turnover Regression Statistics

Arithmetic Mean21.31
Geometric Mean17.56
Coefficient Of Variation57.79
Mean Deviation10.34
Median19.40
Standard Deviation12.31
Sample Variance151.62
Range38.6821
R-Value(0.51)
Mean Square Error120.94
R-Squared0.26
Significance0.05
Slope(1.40)
Total Sum of Squares2,123

Arts Payables Turnover History

2024 16.46
2023 19.4
2022 9.62
2021 8.41
2020 10.57
2019 10.23
2018 15.73

About Arts Way Financial Statements

Arts Way investors use historical fundamental indicators, such as Arts Way'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 Arts Way. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 19.40  16.46 

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Additional Tools for Arts Stock Analysis

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