Fastenal Days Payables Outstanding from 2010 to 2024

FAST Stock  USD 72.46  1.96  2.63%   
Fastenal Days Payables Outstanding yearly trend continues to be comparatively stable with very little volatility. Days Payables Outstanding is likely to outpace its year average in 2024. From the period from 2010 to 2024, Fastenal Days Payables Outstanding quarterly data regression had r-value of  0.33 and coefficient of variation of  14.12. View All Fundamentals
 
Days Payables Outstanding  
First Reported
2010-12-31
Previous Quarter
24.14621011
Current Value
27.05
Quarterly Volatility
3.37667383
 
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Yuan Drop
 
Covid
Check Fastenal financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Fastenal's main balance sheet or income statement drivers, such as Depreciation And Amortization of 186.2 M, Interest Expense of 11.3 M or Total Revenue of 7.7 B, as well as many indicators such as Price To Sales Ratio of 3.1, Dividend Yield of 0.0289 or PTB Ratio of 8.86. Fastenal financial statements analysis is a perfect complement when working with Fastenal Valuation or Volatility modules.
  
Check out the analysis of Fastenal Correlation against competitors.

Latest Fastenal's Days Payables Outstanding Growth Pattern

Below is the plot of the Days Payables Outstanding of Fastenal Company over the last few years. It is Fastenal's Days Payables Outstanding historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Fastenal's overall financial position and show how it may be relating to other accounts over time.
Days Payables Outstanding10 Years Trend
Slightly volatile
   Days Payables Outstanding   
       Timeline  

Fastenal Days Payables Outstanding Regression Statistics

Arithmetic Mean23.91
Geometric Mean23.69
Coefficient Of Variation14.12
Mean Deviation2.58
Median24.18
Standard Deviation3.38
Sample Variance11.40
Range12.3173
R-Value0.33
Mean Square Error10.97
R-Squared0.11
Significance0.23
Slope0.25
Total Sum of Squares159.63

Fastenal Days Payables Outstanding History

2024 27.05
2023 24.15
2022 24.72
2021 26.31
2020 24.53
2019 24.97
2018 27.54

About Fastenal Financial Statements

Fastenal shareholders use historical fundamental indicators, such as Days Payables Outstanding, to determine how well the company is positioned to perform in the future. Although Fastenal investors may analyze each financial statement separately, they are all interrelated. The changes in Fastenal's assets and liabilities, for example, are also reflected in the revenues and expenses on on Fastenal'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
Days Payables Outstanding 24.15  27.05 

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Additional Tools for Fastenal Stock Analysis

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