Altice Payables Turnover from 2010 to 2024

ATUS Stock  USD 2.40  0.10  4.00%   
Altice USA 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 Altice USA pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
3.23372859
Current Value
5.1
Quarterly Volatility
1.6558746
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Altice USA financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Altice USA's main balance sheet or income statement drivers, such as Interest Expense of 1.7 B, Selling General Administrative of 1.8 B or Total Revenue of 7.7 B, as well as many indicators such as Price To Sales Ratio of 0.15, Dividend Yield of 0.12 or Days Sales Outstanding of 18.23. Altice financial statements analysis is a perfect complement when working with Altice USA Valuation or Volatility modules.
  
Check out the analysis of Altice USA Correlation against competitors.
For more information on how to buy Altice Stock please use our How to Invest in Altice USA guide.

Latest Altice USA's Payables Turnover Growth Pattern

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

Altice Payables Turnover Regression Statistics

Arithmetic Mean4.56
Geometric Mean4.30
Coefficient Of Variation36.30
Mean Deviation1.38
Median3.82
Standard Deviation1.66
Sample Variance2.74
Range4.6397
R-Value(0.42)
Mean Square Error2.42
R-Squared0.18
Significance0.12
Slope(0.16)
Total Sum of Squares38.39

Altice Payables Turnover History

2024 5.1
2023 3.23
2022 2.64
2021 3.13
2020 4.25
2019 4.18
2018 3.7

About Altice USA Financial Statements

Altice USA shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although Altice USA investors may analyze each financial statement separately, they are all interrelated. The changes in Altice USA's assets and liabilities, for example, are also reflected in the revenues and expenses on on Altice USA'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 3.23  5.10 

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Additional Tools for Altice Stock Analysis

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