Casella Payables Turnover from 2010 to 2024

CWST Stock  USD 105.79  0.40  0.38%   
Casella Waste Payables Turnover yearly trend continues to be comparatively stable with very little volatility. Payables Turnover will likely drop to 6.17 in 2024. Payables Turnover is a liquidity ratio that shows how quickly Casella Waste 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
8.58556946
Current Value
6.17
Quarterly Volatility
1.71903822
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Casella Waste financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Casella Waste's main balance sheet or income statement drivers, such as Depreciation And Amortization of 179.2 M, Interest Expense of 29.8 M or Selling General Administrative of 163.6 M, as well as many indicators such as Price To Sales Ratio of 3.92, Dividend Yield of 0.0035 or PTB Ratio of 4.85. Casella financial statements analysis is a perfect complement when working with Casella Waste Valuation or Volatility modules.
  
Check out the analysis of Casella Waste Correlation against competitors.

Latest Casella Waste's Payables Turnover Growth Pattern

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

Casella Payables Turnover Regression Statistics

Arithmetic Mean7.84
Geometric Mean7.62
Coefficient Of Variation21.93
Mean Deviation1.28
Median8.49
Standard Deviation1.72
Sample Variance2.96
Range6.9445
R-Value0.57
Mean Square Error2.16
R-Squared0.32
Significance0.03
Slope0.22
Total Sum of Squares41.37

Casella Payables Turnover History

2024 6.17
2023 8.59
2022 9.75
2021 9.23
2020 10.48
2019 7.9
2018 7.91

About Casella Waste Financial Statements

Casella Waste shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although Casella Waste investors may analyze each financial statement separately, they are all interrelated. The changes in Casella Waste's assets and liabilities, for example, are also reflected in the revenues and expenses on on Casella Waste'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 8.59  6.17 

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Additional Tools for Casella Stock Analysis

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