Globant Payables Turnover from 2010 to 2025

GLOB Stock  USD 153.95  2.23  1.47%   
Globant SA's Payables Turnover is increasing over the years with very volatile fluctuation. Overall, Payables Turnover is expected to go to 47.74 this year. Payables Turnover is a liquidity ratio that shows how quickly Globant SA pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
31.79
Current Value
47.74
Quarterly Volatility
22.37746056
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Globant SA financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Globant SA's main balance sheet or income statement drivers, such as Depreciation And Amortization of 168.9 M, Interest Expense of 13.5 M or Selling General Administrative of 458.2 M, as well as many indicators such as Price To Sales Ratio of 3.88, Dividend Yield of 8.0E-4 or PTB Ratio of 5.53. Globant financial statements analysis is a perfect complement when working with Globant SA Valuation or Volatility modules.
  
Check out the analysis of Globant SA Correlation against competitors.
For information on how to trade Globant Stock refer to our How to Trade Globant Stock guide.

Latest Globant SA's Payables Turnover Growth Pattern

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

Globant Payables Turnover Regression Statistics

Arithmetic Mean40.85
Geometric Mean36.67
Coefficient Of Variation54.78
Mean Deviation15.43
Median36.18
Standard Deviation22.38
Sample Variance500.75
Range81.7273
R-Value0.01
Mean Square Error536.40
R-Squared0.0002
Significance0.96
Slope0.07
Total Sum of Squares7,511

Globant Payables Turnover History

2025 47.74
2024 31.79
2023 27.64
2022 31.07
2021 36.19
2020 30.12
2019 38.14

About Globant SA Financial Statements

Globant SA stakeholders use historical fundamental indicators, such as Globant SA's Payables Turnover, to determine how well the company is positioned to perform in the future. Although Globant SA investors may analyze each financial statement separately, they are all interrelated. For example, changes in Globant SA's assets and liabilities are reflected in the revenues and expenses on Globant SA's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Globant SA. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 31.79  47.74 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Globant SA offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Globant SA's 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 Globant Sa Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Globant Sa Stock:
Check out the analysis of Globant SA Correlation against competitors.
For information on how to trade Globant Stock refer to our How to Trade Globant Stock guide.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
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 Globant SA. If investors know Globant 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 Globant SA listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.12)
Earnings Share
3.71
Revenue Per Share
55.658
Quarterly Revenue Growth
0.106
Return On Assets
0.0538
The market value of Globant SA is measured differently than its book value, which is the value of Globant that is recorded on the company's balance sheet. Investors also form their own opinion of Globant SA's value that differs from its market value or its book value, called intrinsic value, which is Globant SA's 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 Globant SA's market value can be influenced by many factors that don't directly affect Globant SA's 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 Globant SA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Globant SA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Globant SA's 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.