Performant Payables Turnover from 2010 to 2024

PFMT Stock  USD 3.14  0.03  0.96%   
Performant Financial 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 Performant Financial pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
164.88445667
Current Value
173.13
Quarterly Volatility
58.3401441
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Performant Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Performant Financial's main balance sheet or income statement drivers, such as Depreciation And Amortization of 6.4 M, Interest Expense of 1.9 M or Selling General Administrative of 96.1 M, as well as many indicators such as Price To Sales Ratio of 1.69, Dividend Yield of 0.0 or PTB Ratio of 3.1. Performant financial statements analysis is a perfect complement when working with Performant Financial Valuation or Volatility modules.
  
Check out the analysis of Performant Financial Correlation against competitors.
For more information on how to buy Performant Stock please use our How to Invest in Performant Financial guide.

Latest Performant Financial's Payables Turnover Growth Pattern

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

Performant Payables Turnover Regression Statistics

Arithmetic Mean97.61
Geometric Mean84.78
Coefficient Of Variation59.77
Mean Deviation44.62
Median68.58
Standard Deviation58.34
Sample Variance3,404
Range207
R-Value0.62
Mean Square Error2,259
R-Squared0.38
Significance0.01
Slope8.08
Total Sum of Squares47,650

Performant Payables Turnover History

2024 173.13
2023 164.88
2022 91.98
2021 111.84
2020 247.31
2019 45.5
2018 68.58

About Performant Financial Financial Statements

Performant Financial shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although Performant Financial investors may analyze each financial statement separately, they are all interrelated. The changes in Performant Financial's assets and liabilities, for example, are also reflected in the revenues and expenses on on Performant Financial'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 164.88  173.13 

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Additional Tools for Performant Stock Analysis

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