Kingsway Payables Turnover from 2010 to 2024

KFS Stock  USD 8.87  0.01  0.11%   
Kingsway Financial Payables Turnover yearly trend continues to be comparatively 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 Kingsway Financial Services pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
48.92
Current Value
51.36
Quarterly Volatility
24.32547668
 
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Yuan Drop
 
Covid
Check Kingsway Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Kingsway Financial's main balance sheet or income statement drivers, such as Depreciation And Amortization of 5.9 M, Interest Expense of 5.9 M or Selling General Administrative of 61.7 M, as well as many indicators such as Price To Sales Ratio of 2.2, Dividend Yield of 0.0204 or PTB Ratio of 6.32. Kingsway financial statements analysis is a perfect complement when working with Kingsway Financial Valuation or Volatility modules.
  
Check out the analysis of Kingsway Financial Correlation against competitors.

Latest Kingsway Financial's Payables Turnover Growth Pattern

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

Kingsway Payables Turnover Regression Statistics

Arithmetic Mean35.48
Geometric Mean12.74
Coefficient Of Variation68.57
Mean Deviation21.66
Median51.36
Standard Deviation24.33
Sample Variance591.73
Range54.1565
R-Value0.85
Mean Square Error179.73
R-Squared0.72
Significance0.000067
Slope4.61
Total Sum of Squares8,284

Kingsway Payables Turnover History

2024 51.36
2023 48.92
2016 54.35
2015 36.47
2014 10.48
2013 3.9

About Kingsway Financial Financial Statements

Kingsway Financial shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although Kingsway Financial investors may analyze each financial statement separately, they are all interrelated. The changes in Kingsway Financial's assets and liabilities, for example, are also reflected in the revenues and expenses on on Kingsway Financial's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Payables Turnover 48.92  51.36 

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Additional Tools for Kingsway Stock Analysis

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