Boston Payables Turnover from 2010 to 2024

BSX Stock  USD 90.11  0.31  0.34%   
Boston Scientific Payables Turnover yearly trend continues to be fairly stable with very little volatility. Payables Turnover will likely drop to 4.38 in 2024. Payables Turnover is a liquidity ratio that shows how quickly Boston Scientific 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
4.61252654
Current Value
4.38
Quarterly Volatility
2.94427426
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Boston Scientific financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Boston Scientific's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.3 B, Interest Expense of 193.9 M or Selling General Administrative of 5.2 B, as well as many indicators such as Price To Sales Ratio of 4.58, Dividend Yield of 3.0E-4 or PTB Ratio of 5.87. Boston financial statements analysis is a perfect complement when working with Boston Scientific Valuation or Volatility modules.
  
Check out the analysis of Boston Scientific Correlation against competitors.

Latest Boston Scientific's Payables Turnover Growth Pattern

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

Boston Payables Turnover Regression Statistics

Arithmetic Mean7.62
Geometric Mean7.11
Coefficient Of Variation38.61
Mean Deviation2.57
Median6.84
Standard Deviation2.94
Sample Variance8.67
Range8.7185
R-Value(0.89)
Mean Square Error1.99
R-Squared0.79
Significance0.000011
Slope(0.58)
Total Sum of Squares121.36

Boston Payables Turnover History

2024 4.38
2023 4.61
2022 4.64
2021 4.74
2020 6.84
2019 5.87
2018 8.26

About Boston Scientific Financial Statements

Boston Scientific investors use historical fundamental indicators, such as Boston Scientific'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 Boston Scientific. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 4.61  4.38 

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Additional Tools for Boston Stock Analysis

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