Innovex Payables Turnover from 2010 to 2025

INVX Stock   13.97  0.16  1.16%   
Innovex International, Payables Turnover yearly trend continues to be fairly stable with very little volatility. Payables Turnover is projected to decline to 4.46 this year. Payables Turnover is a liquidity ratio that shows how quickly Innovex International, pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
4.6981247
Current Value
4.46
Quarterly Volatility
3.57335783
 
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Yuan Drop
 
Covid
Check Innovex International, financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Innovex International,'s main balance sheet or income statement drivers, such as Depreciation And Amortization of 27.1 M, Interest Expense of 4.9 M or Total Revenue of 419.1 M, as well as many indicators such as Price To Sales Ratio of 1.31, Dividend Yield of 0.0 or PTB Ratio of 1.06. Innovex financial statements analysis is a perfect complement when working with Innovex International, Valuation or Volatility modules.
  
Check out the analysis of Innovex International, Correlation against competitors.
For more information on how to buy Innovex Stock please use our How to Invest in Innovex International, guide.

Latest Innovex International,'s Payables Turnover Growth Pattern

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

Innovex Payables Turnover Regression Statistics

Arithmetic Mean8.90
Geometric Mean8.26
Coefficient Of Variation40.16
Mean Deviation2.79
Median9.10
Standard Deviation3.57
Sample Variance12.77
Range11.4988
R-Value(0.62)
Mean Square Error8.49
R-Squared0.38
Significance0.01
Slope(0.49)
Total Sum of Squares178.76

Innovex Payables Turnover History

2024 4.46
2023 4.7
2022 7.44
2021 5.41
2020 7.21
2019 6.38

About Innovex International, Financial Statements

Innovex International, investors use historical fundamental indicators, such as Innovex International,'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 Innovex International,. Please read more on our technical analysis and //window.location = "/error404.html";