Onity Payables Turnover from 2010 to 2024

ONIT Stock   30.87  0.04  0.13%   
Onity 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 Onity Group pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
52.25
Current Value
54.86
Quarterly Volatility
26.21147713
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Onity financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Onity's main balance sheet or income statement drivers, such as Depreciation And Amortization of 11.5 M, Total Revenue of 880.8 M or Gross Profit of 709.7 M, as well as many indicators such as Price To Sales Ratio of 0.16, Dividend Yield of 0.0 or PTB Ratio of 0.49. Onity financial statements analysis is a perfect complement when working with Onity Valuation or Volatility modules.
  
Check out the analysis of Onity Correlation against competitors.

Latest Onity's Payables Turnover Growth Pattern

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

Onity Payables Turnover Regression Statistics

Arithmetic Mean20.50
Geometric Mean7.26
Coefficient Of Variation127.88
Mean Deviation23.84
Median2.67
Standard Deviation26.21
Sample Variance687.04
Range55.8404
R-Value0.81
Mean Square Error256.20
R-Squared0.65
Significance0.0003
Slope4.74
Total Sum of Squares9,619

Onity Payables Turnover History

2024 54.86
2023 52.25
2020 58.06
2019 2.22
2018 2.99
2017 2.28

About Onity Financial Statements

Onity shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although Onity investors may analyze each financial statement separately, they are all interrelated. The changes in Onity's assets and liabilities, for example, are also reflected in the revenues and expenses on on Onity'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 52.25  54.86 

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Additional Tools for Onity Stock Analysis

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