New Payables Turnover from 2010 to 2025

HOVRW Stock   0.07  0.01  6.76%   
New Horizon Payables Turnover yearly trend continues to be fairly stable with very little volatility. Payables Turnover is likely to outpace its year average in 2025. Payables Turnover is a liquidity ratio that shows how quickly New Horizon Aircraft pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
2.69
Current Value
3.4
Quarterly Volatility
0.5589459
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check New Horizon financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among New Horizon's main balance sheet or income statement drivers, such as Tax Provision of 1.3 M, Net Interest Income of 6.3 M or Interest Expense of 89.8 K, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or Days Sales Outstanding of 0.0. New financial statements analysis is a perfect complement when working with New Horizon Valuation or Volatility modules.
  
Check out the analysis of New Horizon Correlation against competitors.

Latest New Horizon's Payables Turnover Growth Pattern

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

New Payables Turnover Regression Statistics

Arithmetic Mean3.55
Geometric Mean3.50
Coefficient Of Variation15.75
Mean Deviation0.43
Median3.84
Standard Deviation0.56
Sample Variance0.31
Range1.499
R-Value(0.64)
Mean Square Error0.20
R-Squared0.41
Significance0.01
Slope(0.08)
Total Sum of Squares4.69

New Payables Turnover History

2025 3.4
2024 2.69
2022 2.34

About New Horizon Financial Statements

New Horizon investors use historical fundamental indicators, such as New Horizon'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 New Horizon. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 2.69  3.40 

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Additional Tools for New Stock Analysis

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