Freshworks Payables Turnover from 2010 to 2024

FRSH Stock  USD 15.99  0.16  1.01%   
Freshworks' Payables Turnover is increasing with slightly volatile movements from year to year. Payables Turnover is estimated to finish at 31.14 this year. Payables Turnover is a liquidity ratio that shows how quickly Freshworks pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
29.66111908
Current Value
31.14
Quarterly Volatility
9.02287277
 
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Yuan Drop
 
Covid
Check Freshworks financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Freshworks' main balance sheet or income statement drivers, such as Tax Provision of 11.4 M, Net Interest Income of 22 M or Interest Income of 42 M, as well as many indicators such as Price To Sales Ratio of 14.33, Dividend Yield of 0.0 or PTB Ratio of 3.99. Freshworks financial statements analysis is a perfect complement when working with Freshworks Valuation or Volatility modules.
  
Check out the analysis of Freshworks Correlation against competitors.
For more detail on how to invest in Freshworks Stock please use our How to Invest in Freshworks guide.

Latest Freshworks' Payables Turnover Growth Pattern

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

Freshworks Payables Turnover Regression Statistics

Arithmetic Mean10.42
Geometric Mean7.96
Coefficient Of Variation86.60
Mean Deviation6.85
Median4.82
Standard Deviation9.02
Sample Variance81.41
Range26.8628
R-Value0.81
Mean Square Error30.00
R-Squared0.66
Significance0.0002
Slope1.64
Total Sum of Squares1,140

Freshworks Payables Turnover History

2024 31.14
2023 29.66
2022 16.21
2021 12.34
2020 14.15
2019 9.98
2018 4.28

About Freshworks Financial Statements

Investors use fundamental indicators, such as Freshworks' Payables Turnover, to determine how well the company is positioned to perform in the future. Although Freshworks' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Payables Turnover 29.66  31.14 

Currently Active Assets on Macroaxis

When determining whether Freshworks offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Freshworks' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Freshworks Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Freshworks Stock:
Check out the analysis of Freshworks Correlation against competitors.
For more detail on how to invest in Freshworks Stock please use our How to Invest in Freshworks guide.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Freshworks. If investors know Freshworks will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Freshworks listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.34)
Revenue Per Share
2.295
Quarterly Revenue Growth
0.215
Return On Assets
(0.06)
Return On Equity
(0.09)
The market value of Freshworks is measured differently than its book value, which is the value of Freshworks that is recorded on the company's balance sheet. Investors also form their own opinion of Freshworks' value that differs from its market value or its book value, called intrinsic value, which is Freshworks' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Freshworks' market value can be influenced by many factors that don't directly affect Freshworks' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Freshworks' value and its price as these two are different measures arrived at by different means. Investors typically determine if Freshworks is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Freshworks' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.