Kodiak Payables Turnover from 2010 to 2024

KGS Stock   39.80  0.86  2.21%   
Kodiak Gas Payables Turnover yearly trend continues to be comparatively stable with very little volatility. Payables Turnover will likely drop to 6.62 in 2024. Payables Turnover is a liquidity ratio that shows how quickly Kodiak Gas 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
10.7086393
Current Value
6.62
Quarterly Volatility
1.4542841
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Kodiak Gas financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Kodiak Gas' main balance sheet or income statement drivers, such as Depreciation And Amortization of 182.3 M, Interest Expense of 168.7 M or Total Revenue of 741.7 M, as well as many indicators such as Price To Sales Ratio of 2.1, Dividend Yield of 0.0441 or PTB Ratio of 1.86. Kodiak financial statements analysis is a perfect complement when working with Kodiak Gas Valuation or Volatility modules.
  
Check out the analysis of Kodiak Gas Correlation against competitors.

Latest Kodiak Gas' Payables Turnover Growth Pattern

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

Kodiak Payables Turnover Regression Statistics

Arithmetic Mean9.13
Geometric Mean9.00
Coefficient Of Variation15.93
Mean Deviation1.09
Median9.73
Standard Deviation1.45
Sample Variance2.11
Range5.1178
R-Value(0.50)
Mean Square Error1.70
R-Squared0.25
Significance0.06
Slope(0.16)
Total Sum of Squares29.61

Kodiak Payables Turnover History

2024 6.62
2023 10.71
2022 7.04
2021 5.59

About Kodiak Gas Financial Statements

Kodiak Gas shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although Kodiak Gas investors may analyze each financial statement separately, they are all interrelated. The changes in Kodiak Gas' assets and liabilities, for example, are also reflected in the revenues and expenses on on Kodiak Gas' 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 10.71  6.62 

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Additional Tools for Kodiak Stock Analysis

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