Forum Payables Turnover from 2010 to 2024

FET Stock  USD 14.99  0.23  1.56%   
Forum Energy Payables Turnover yearly trend continues to be comparatively stable with very little volatility. Payables Turnover is likely to outpace its year average in 2024. Payables Turnover is a liquidity ratio that shows how quickly Forum Energy Technologies pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
4.24650169
Current Value
8.37
Quarterly Volatility
2.53858593
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Forum Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Forum Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 57.6 M, Interest Expense of 28 M or Total Revenue of 758.7 M, as well as many indicators such as Price To Sales Ratio of 0.29, Dividend Yield of 0.0 or PTB Ratio of 0.52. Forum financial statements analysis is a perfect complement when working with Forum Energy Valuation or Volatility modules.
  
Check out the analysis of Forum Energy Correlation against competitors.

Latest Forum Energy's Payables Turnover Growth Pattern

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

Forum Payables Turnover Regression Statistics

Arithmetic Mean7.60
Geometric Mean7.16
Coefficient Of Variation33.42
Mean Deviation2.18
Median7.84
Standard Deviation2.54
Sample Variance6.44
Range7.0901
R-Value(0.53)
Mean Square Error4.99
R-Squared0.28
Significance0.04
Slope(0.30)
Total Sum of Squares90.22

Forum Payables Turnover History

2024 8.37
2023 4.25
2022 4.32
2021 4.2
2020 11.29
2019 7.21
2018 5.64

About Forum Energy Financial Statements

Forum Energy shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although Forum Energy investors may analyze each financial statement separately, they are all interrelated. The changes in Forum Energy's assets and liabilities, for example, are also reflected in the revenues and expenses on on Forum Energy'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 4.25  8.37 

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Additional Tools for Forum Stock Analysis

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