PennantPark Payables Turnover from 2010 to 2024

PNNT Stock  USD 6.79  0.05  0.73%   
PennantPark Investment 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 PennantPark Investment pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
4.56
Current Value
4.79
Quarterly Volatility
2.33036675
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check PennantPark Investment financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among PennantPark Investment's main balance sheet or income statement drivers, such as Interest Expense of 22.7 M, Selling General Administrative of 5.7 M or Total Revenue of 79.2 M, as well as many indicators such as Price To Sales Ratio of 5.14, Dividend Yield of 0.088 or PTB Ratio of 0.87. PennantPark financial statements analysis is a perfect complement when working with PennantPark Investment Valuation or Volatility modules.
  
Check out the analysis of PennantPark Investment Correlation against competitors.
For more information on how to buy PennantPark Stock please use our How to Invest in PennantPark Investment guide.

Latest PennantPark Investment's Payables Turnover Growth Pattern

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

PennantPark Payables Turnover Regression Statistics

Arithmetic Mean3.38
Geometric Mean2.20
Coefficient Of Variation68.85
Mean Deviation2.12
Median4.56
Standard Deviation2.33
Sample Variance5.43
Range7.6667
R-Value0.37
Mean Square Error5.07
R-Squared0.13
Significance0.18
Slope0.19
Total Sum of Squares76.03

PennantPark Payables Turnover History

2024 4.79
2023 4.56
2021 5.06
2020 0.92
2019 7.72
2018 1.56
2017 1.45

About PennantPark Investment Financial Statements

PennantPark Investment shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although PennantPark Investment investors may analyze each financial statement separately, they are all interrelated. The changes in PennantPark Investment's assets and liabilities, for example, are also reflected in the revenues and expenses on on PennantPark Investment'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 4.56  4.79 

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Additional Tools for PennantPark Stock Analysis

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