Avient Payables Turnover from 2010 to 2024

AVNT Stock  USD 41.69  0.68  1.60%   
Avient Corp 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 Avient 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
5.18181818
Current Value
8.98
Quarterly Volatility
1.32445565
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Avient Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Avient Corp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 99.4 M, Interest Expense of 65.7 M or Selling General Administrative of 395.9 M, as well as many indicators such as Price To Sales Ratio of 1.27, Dividend Yield of 0.041 or PTB Ratio of 1.86. Avient financial statements analysis is a perfect complement when working with Avient Corp Valuation or Volatility modules.
  
Check out the analysis of Avient Corp Correlation against competitors.
For more information on how to buy Avient Stock please use our How to Invest in Avient Corp guide.

Latest Avient Corp's Payables Turnover Growth Pattern

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

Avient Payables Turnover Regression Statistics

Arithmetic Mean7.48
Geometric Mean7.36
Coefficient Of Variation17.71
Mean Deviation1.08
Median7.80
Standard Deviation1.32
Sample Variance1.75
Range3.9608
R-Value(0.26)
Mean Square Error1.76
R-Squared0.07
Significance0.35
Slope(0.08)
Total Sum of Squares24.56

Avient Payables Turnover History

2024 8.98
2023 5.18
2022 5.53
2021 8.66
2020 5.21
2018 9.14
2017 6.46

About Avient Corp Financial Statements

Avient Corp shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although Avient Corp investors may analyze each financial statement separately, they are all interrelated. The changes in Avient Corp's assets and liabilities, for example, are also reflected in the revenues and expenses on on Avient Corp'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 5.18  8.98 

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Additional Tools for Avient Stock Analysis

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