Confluent Payables Turnover from 2010 to 2024

CFLT Stock  USD 31.34  0.13  0.41%   
Confluent Payables Turnover yearly trend continues to be comparatively stable with very little volatility. Payables Turnover will likely drop to 29.80 in 2024. Payables Turnover is a liquidity ratio that shows how quickly Confluent pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
34.20762586
Current Value
29.8
Quarterly Volatility
7.57070256
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Confluent financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Confluent's main balance sheet or income statement drivers, such as Tax Provision of 3.6 M, Net Interest Income of 4.2 M or Interest Income of 4.2 M, as well as many indicators such as Price To Sales Ratio of 8.6, Dividend Yield of 0.0 or PTB Ratio of 9.12. Confluent financial statements analysis is a perfect complement when working with Confluent Valuation or Volatility modules.
  
Check out the analysis of Confluent Correlation against competitors.
For more information on how to buy Confluent Stock please use our How to Invest in Confluent guide.

Latest Confluent's Payables Turnover Growth Pattern

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

Confluent Payables Turnover Regression Statistics

Arithmetic Mean27.74
Geometric Mean26.52
Coefficient Of Variation27.29
Mean Deviation3.73
Median27.88
Standard Deviation7.57
Sample Variance57.32
Range36.4128
R-Value(0.05)
Mean Square Error61.54
R-Squared0
Significance0.85
Slope(0.09)
Total Sum of Squares802.42

Confluent Payables Turnover History

2024 29.8
2023 34.21
2022 9.44
2021 18.09
2020 45.85

About Confluent Financial Statements

Confluent shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although Confluent investors may analyze each financial statement separately, they are all interrelated. The changes in Confluent's assets and liabilities, for example, are also reflected in the revenues and expenses on on Confluent'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 34.21  29.80 

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Additional Tools for Confluent Stock Analysis

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