Kirby Payables Turnover from 2010 to 2024

KEX Stock  USD 123.38  1.51  1.21%   
Kirby 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 Kirby pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
8.87814892
Current Value
11.28
Quarterly Volatility
2.0228789
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Kirby financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Kirby's main balance sheet or income statement drivers, such as Depreciation And Amortization of 221.7 M, Interest Expense of 54.6 M or Total Revenue of 3.2 B, as well as many indicators such as Price To Sales Ratio of 1.19, Dividend Yield of 0.0088 or PTB Ratio of 2.11. Kirby financial statements analysis is a perfect complement when working with Kirby Valuation or Volatility modules.
  
Check out the analysis of Kirby Correlation against competitors.
For more information on how to buy Kirby Stock please use our How to Invest in Kirby guide.

Latest Kirby's Payables Turnover Growth Pattern

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

Kirby Payables Turnover Regression Statistics

Arithmetic Mean9.87
Geometric Mean9.70
Coefficient Of Variation20.49
Mean Deviation1.45
Median9.38
Standard Deviation2.02
Sample Variance4.09
Range7.9073
R-Value(0.22)
Mean Square Error4.20
R-Squared0.05
Significance0.43
Slope(0.1)
Total Sum of Squares57.29

Kirby Payables Turnover History

2024 11.28
2023 8.88
2022 8.14
2021 9.38
2020 10.65
2019 10.88
2018 8.58

About Kirby Financial Statements

Kirby investors use historical fundamental indicators, such as Kirby'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 Kirby. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 8.88  11.28 

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Additional Tools for Kirby Stock Analysis

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