Lufax Payables Turnover from 2010 to 2024

LU Stock  USD 2.46  0.05  2.07%   
Lufax Holding 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 Lufax Holding pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
91.17126274
Current Value
95.73
Quarterly Volatility
26.12481285
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Lufax Holding financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Lufax Holding's main balance sheet or income statement drivers, such as Tax Provision of 580.1 M, Net Interest Income of 9.8 B or Interest Income of 22.4 B, as well as many indicators such as Price To Sales Ratio of 0.29, Dividend Yield of 0.2 or PTB Ratio of 0.13. Lufax financial statements analysis is a perfect complement when working with Lufax Holding Valuation or Volatility modules.
  
Check out the analysis of Lufax Holding Correlation against competitors.
For more information on how to buy Lufax Stock please use our How to Invest in Lufax Holding guide.

Latest Lufax Holding's Payables Turnover Growth Pattern

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

Lufax Payables Turnover Regression Statistics

Arithmetic Mean40.22
Geometric Mean32.77
Coefficient Of Variation64.96
Mean Deviation18.22
Median36.17
Standard Deviation26.12
Sample Variance682.51
Range87.4324
R-Value0.44
Mean Square Error591.87
R-Squared0.19
Significance0.1
Slope2.58
Total Sum of Squares9,555

Lufax Payables Turnover History

2024 95.73
2023 91.17
2022 70.39
2021 22.43
2020 15.63
2019 10.28
2018 8.3

About Lufax Holding Financial Statements

Lufax Holding shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although Lufax Holding investors may analyze each financial statement separately, they are all interrelated. The changes in Lufax Holding's assets and liabilities, for example, are also reflected in the revenues and expenses on on Lufax Holding'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 91.17  95.73 

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Additional Tools for Lufax Stock Analysis

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