Knight Payables Turnover from 2010 to 2024

KNX Stock  USD 59.36  0.27  0.46%   
Knight Transportation 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 Knight Transportation pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
16.57744817
Current Value
22.69
Quarterly Volatility
18.20427008
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Knight Transportation financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Knight Transportation's main balance sheet or income statement drivers, such as Depreciation And Amortization of 771.9 M, Interest Expense of 133.5 M or Selling General Administrative of 671.2 M, as well as many indicators such as Price To Sales Ratio of 1.24, Dividend Yield of 0.0172 or PTB Ratio of 1.25. Knight financial statements analysis is a perfect complement when working with Knight Transportation Valuation or Volatility modules.
  
Check out the analysis of Knight Transportation Correlation against competitors.
For more information on how to buy Knight Stock please use our How to Invest in Knight Transportation guide.

Latest Knight Transportation's Payables Turnover Growth Pattern

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

Knight Payables Turnover Regression Statistics

Arithmetic Mean35.54
Geometric Mean29.96
Coefficient Of Variation51.23
Mean Deviation14.72
Median36.68
Standard Deviation18.20
Sample Variance331.40
Range63.0163
R-Value(0.35)
Mean Square Error313.42
R-Squared0.12
Significance0.20
Slope(1.42)
Total Sum of Squares4,640

Knight Payables Turnover History

2024 22.69
2023 16.58
2022 25.6
2021 20.39
2020 36.68
2019 40.34
2018 37.19

About Knight Transportation Financial Statements

Knight Transportation investors use historical fundamental indicators, such as Knight Transportation'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 Knight Transportation. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 16.58  22.69 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Knight Stock Analysis

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