EuroDry Payables Turnover from 2010 to 2025

EDRY Stock  USD 10.97  0.34  3.20%   
EuroDry Payables Turnover yearly trend continues to be fairly stable with very little volatility. Payables Turnover is likely to outpace its year average in 2025. Payables Turnover is a liquidity ratio that shows how quickly EuroDry pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
14.3
Current Value
23.28
Quarterly Volatility
7.46873836
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check EuroDry financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among EuroDry's main balance sheet or income statement drivers, such as Interest Income of 939.8 K, Depreciation And Amortization of 7.9 M or Interest Expense of 7.8 M, as well as many indicators such as Price To Sales Ratio of 1.05, Dividend Yield of 0.0246 or PTB Ratio of 0.47. EuroDry financial statements analysis is a perfect complement when working with EuroDry Valuation or Volatility modules.
  
Check out the analysis of EuroDry Correlation against competitors.
For more information on how to buy EuroDry Stock please use our How to Invest in EuroDry guide.

Latest EuroDry's Payables Turnover Growth Pattern

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

EuroDry Payables Turnover Regression Statistics

Arithmetic Mean22.90
Geometric Mean21.64
Coefficient Of Variation32.62
Mean Deviation5.60
Median26.57
Standard Deviation7.47
Sample Variance55.78
Range31.1772
R-Value(0.59)
Mean Square Error38.88
R-Squared0.35
Significance0.02
Slope(0.93)
Total Sum of Squares836.73

EuroDry Payables Turnover History

2025 23.28
2024 14.3
2023 12.43
2022 9.39
2021 23.91
2020 17.17
2019 17.54

About EuroDry Financial Statements

EuroDry investors use historical fundamental indicators, such as EuroDry'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 EuroDry. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 14.30  23.28 

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Additional Tools for EuroDry Stock Analysis

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