Cass Payables Turnover from 2010 to 2024

CASS Stock  USD 44.87  0.27  0.61%   
Cass Information Payables Turnover yearly trend continues to be comparatively stable with very little volatility. Payables Turnover will likely drop to 0.09 in 2024. Payables Turnover is a liquidity ratio that shows how quickly Cass Information Systems pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
0.11027386
Current Value
0.0901
Quarterly Volatility
0.0530525
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Cass Information financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cass Information's main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.7 M, Interest Expense of 17.1 M or Selling General Administrative of 3.4 M, as well as many indicators such as Price To Sales Ratio of 2.56, Dividend Yield of 0.0244 or PTB Ratio of 1.93. Cass financial statements analysis is a perfect complement when working with Cass Information Valuation or Volatility modules.
  
Check out the analysis of Cass Information Correlation against competitors.

Latest Cass Information's Payables Turnover Growth Pattern

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

Cass Payables Turnover Regression Statistics

Arithmetic Mean0.09
Geometric Mean0.07
Coefficient Of Variation62.15
Mean Deviation0.05
Median0.09
Standard Deviation0.05
Sample Variance0
Range0.1287
R-Value(0.60)
Mean Square Error0
R-Squared0.36
Significance0.02
Slope(0.01)
Total Sum of Squares0.04

Cass Payables Turnover History

2024 0.0901
2023 0.11
2022 0.031
2021 0.0268
2020 0.0318
2019 0.0419
2018 0.0375

About Cass Information Financial Statements

Cass Information shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although Cass Information investors may analyze each financial statement separately, they are all interrelated. The changes in Cass Information's assets and liabilities, for example, are also reflected in the revenues and expenses on on Cass Information'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 0.11  0.09 

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Additional Tools for Cass Stock Analysis

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