Altisource Payables Turnover from 2010 to 2024

ASPS Stock  USD 0.89  0.05  5.32%   
Altisource Portfolio Payables Turnover yearly trend continues to be comparatively stable with very little volatility. Payables Turnover will likely drop to 7.18 in 2024. Payables Turnover is a liquidity ratio that shows how quickly Altisource Portfolio Solutions pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
7.55574468
Current Value
7.18
Quarterly Volatility
99.66666031
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Altisource Portfolio financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Altisource Portfolio's main balance sheet or income statement drivers, such as Interest Expense of 37.9 M, Selling General Administrative of 36.6 M or Total Revenue of 137.8 M, as well as many indicators such as Price To Sales Ratio of 0.52, Dividend Yield of 0.0 or Days Sales Outstanding of 40.4. Altisource financial statements analysis is a perfect complement when working with Altisource Portfolio Valuation or Volatility modules.
  
Check out the analysis of Altisource Portfolio Correlation against competitors.

Latest Altisource Portfolio's Payables Turnover Growth Pattern

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

Altisource Payables Turnover Regression Statistics

Arithmetic Mean60.52
Geometric Mean30.75
Coefficient Of Variation164.69
Mean Deviation54.38
Median25.01
Standard Deviation99.67
Sample Variance9,933
Range399
R-Value(0.62)
Mean Square Error6,602
R-Squared0.38
Significance0.01
Slope(13.79)
Total Sum of Squares139,068

Altisource Payables Turnover History

2024 7.18
2023 7.56
2022 8.76
2021 10.73
2020 18.17
2019 21.99
2018 22.34

About Altisource Portfolio Financial Statements

Altisource Portfolio shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although Altisource Portfolio investors may analyze each financial statement separately, they are all interrelated. The changes in Altisource Portfolio's assets and liabilities, for example, are also reflected in the revenues and expenses on on Altisource Portfolio'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 7.56  7.18 

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Additional Tools for Altisource Stock Analysis

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