Matrix Payables Turnover from 2010 to 2025

MTRX Stock  USD 13.39  0.36  2.76%   
Matrix Service Payables Turnover yearly trend continues to be fairly stable with very little volatility. Payables Turnover is likely to outpace its year average in 2025. Payables Turnover is a liquidity ratio that shows how quickly Matrix Service Co pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
12.23384976
Current Value
14.42
Quarterly Volatility
1.93135408
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Matrix Service financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Matrix Service's main balance sheet or income statement drivers, such as Depreciation And Amortization of 11.3 M, Interest Expense of 1.4 M or Total Revenue of 649.8 M, as well as many indicators such as Price To Sales Ratio of 0.63, Dividend Yield of 0.0 or PTB Ratio of 2.89. Matrix financial statements analysis is a perfect complement when working with Matrix Service Valuation or Volatility modules.
  
Check out the analysis of Matrix Service Correlation against competitors.

Latest Matrix Service's Payables Turnover Growth Pattern

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

Matrix Payables Turnover Regression Statistics

Arithmetic Mean11.49
Geometric Mean11.35
Coefficient Of Variation16.80
Mean Deviation1.59
Median11.21
Standard Deviation1.93
Sample Variance3.73
Range6.8424
R-Value(0.1)
Mean Square Error3.96
R-Squared0.01
Significance0.73
Slope(0.04)
Total Sum of Squares55.95

Matrix Payables Turnover History

2025 14.42
2024 12.23
2023 10.48
2022 10.01
2021 9.47
2020 10.52
2019 13.66

About Matrix Service Financial Statements

Matrix Service investors use historical fundamental indicators, such as Matrix Service'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 Matrix Service. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 12.23  14.42 

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Additional Tools for Matrix Stock Analysis

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