Fortive Payables Turnover from 2010 to 2024

FTV Stock  USD 78.96  0.72  0.90%   
Fortive Corp Payables Turnover yearly trend continues to be fairly 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 Fortive Corp pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
4.06046664
Current Value
5.4
Quarterly Volatility
0.9970527
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Fortive Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Fortive Corp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 302.4 M, Interest Expense of 79.7 M or Total Revenue of 4.8 B, as well as many indicators such as Price To Sales Ratio of 2.62, Dividend Yield of 0.0037 or PTB Ratio of 3.56. Fortive financial statements analysis is a perfect complement when working with Fortive Corp Valuation or Volatility modules.
  
Check out the analysis of Fortive Corp Correlation against competitors.
For more information on how to buy Fortive Stock please use our How to Invest in Fortive Corp guide.

Latest Fortive Corp's Payables Turnover Growth Pattern

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

Fortive Payables Turnover Regression Statistics

Arithmetic Mean4.97
Geometric Mean4.89
Coefficient Of Variation20.07
Mean Deviation0.59
Median5.02
Standard Deviation1.00
Sample Variance0.99
Range4.1539
R-Value(0.15)
Mean Square Error1.05
R-Squared0.02
Significance0.59
Slope(0.03)
Total Sum of Squares13.92

Fortive Payables Turnover History

2024 5.4
2023 4.06
2022 3.95
2021 4.03
2020 4.21
2019 8.11
2018 4.43

About Fortive Corp Financial Statements

Fortive Corp investors use historical fundamental indicators, such as Fortive Corp'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 Fortive Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 4.06  5.40 

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Additional Tools for Fortive Stock Analysis

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