Avalon Payables Turnover from 2010 to 2024

AWX Stock  USD 3.28  0.13  4.13%   
Avalon Holdings Payables Turnover yearly trend continues to be fairly 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 Avalon Holdings pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
6.91053122
Current Value
7.89
Quarterly Volatility
1.37400992
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Avalon Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Avalon Holdings' main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.5 M, Interest Expense of 2.2 M or Selling General Administrative of 6.8 M, as well as many indicators such as Price To Sales Ratio of 0.11, Dividend Yield of 0.003 or PTB Ratio of 0.34. Avalon financial statements analysis is a perfect complement when working with Avalon Holdings Valuation or Volatility modules.
  
Check out the analysis of Avalon Holdings Correlation against competitors.
For more information on how to buy Avalon Stock please use our How to Invest in Avalon Holdings guide.

Latest Avalon Holdings' Payables Turnover Growth Pattern

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

Avalon Payables Turnover Regression Statistics

Arithmetic Mean6.08
Geometric Mean5.96
Coefficient Of Variation22.59
Mean Deviation0.95
Median5.70
Standard Deviation1.37
Sample Variance1.89
Range5.2562
R-Value(0.10)
Mean Square Error2.01
R-Squared0.01
Significance0.71
Slope(0.03)
Total Sum of Squares26.43

Avalon Payables Turnover History

2024 7.89
2023 6.91
2022 6.11
2021 5.59
2020 5.17
2019 4.8
2018 4.76

About Avalon Holdings Financial Statements

Avalon Holdings investors use historical fundamental indicators, such as Avalon Holdings' 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 Avalon Holdings. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 6.91  7.89 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Avalon Stock Analysis

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