Nutanix Payables Turnover from 2010 to 2024

NTNX Stock  USD 66.70  5.65  7.81%   
Nutanix Payables Turnover yearly trend continues to be fairly stable with very little volatility. Payables Turnover will likely drop to 4.52 in 2024. Payables Turnover is a liquidity ratio that shows how quickly Nutanix pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
7.19194071
Current Value
4.52
Quarterly Volatility
2.03720738
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Nutanix financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nutanix's main balance sheet or income statement drivers, such as Depreciation And Amortization of 68.8 M, Interest Expense of 177.8 M or Selling General Administrative of 114.5 M, as well as many indicators such as Price To Sales Ratio of 5.47, Dividend Yield of 0.0 or Days Sales Outstanding of 73.15. Nutanix financial statements analysis is a perfect complement when working with Nutanix Valuation or Volatility modules.
  
Check out the analysis of Nutanix Correlation against competitors.
For more information on how to buy Nutanix Stock please use our How to Invest in Nutanix guide.

Latest Nutanix's Payables Turnover Growth Pattern

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

Nutanix Payables Turnover Regression Statistics

Arithmetic Mean5.68
Geometric Mean5.37
Coefficient Of Variation35.88
Mean Deviation1.52
Median5.89
Standard Deviation2.04
Sample Variance4.15
Range7.9664
R-Value0.33
Mean Square Error3.99
R-Squared0.11
Significance0.23
Slope0.15
Total Sum of Squares58.10

Nutanix Payables Turnover History

2024 4.52
2023 7.19
2022 11.1
2021 7.15
2020 6.2
2019 5.31
2018 4.11

About Nutanix Financial Statements

Nutanix investors use historical fundamental indicators, such as Nutanix'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 Nutanix. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 7.19  4.52 

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 Nutanix Stock Analysis

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