Pyxis Payables Turnover from 2010 to 2024

PXS Stock  USD 3.66  0.01  0.27%   
Pyxis Tankers 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 Pyxis Tankers pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
10.83362832
Current Value
18.51
Quarterly Volatility
14.67425191
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Pyxis Tankers financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Pyxis Tankers' main balance sheet or income statement drivers, such as Depreciation And Amortization of 6 M, Interest Expense of 3.9 M or Selling General Administrative of 3.3 M, as well as many indicators such as Price To Sales Ratio of 0.93, Dividend Yield of 0.0188 or PTB Ratio of 0.44. Pyxis financial statements analysis is a perfect complement when working with Pyxis Tankers Valuation or Volatility modules.
  
Check out the analysis of Pyxis Tankers Correlation against competitors.
For more information on how to buy Pyxis Stock please use our How to Invest in Pyxis Tankers guide.

Latest Pyxis Tankers' Payables Turnover Growth Pattern

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

Pyxis Payables Turnover Regression Statistics

Arithmetic Mean18.23
Geometric Mean13.82
Coefficient Of Variation80.50
Mean Deviation11.09
Median13.80
Standard Deviation14.67
Sample Variance215.33
Range52.6535
R-Value(0.57)
Mean Square Error155.70
R-Squared0.33
Significance0.03
Slope(1.88)
Total Sum of Squares3,015

Pyxis Payables Turnover History

2024 18.51
2023 10.83
2022 13.8
2021 8.74
2020 5.37
2019 5.11
2018 5.16

About Pyxis Tankers Financial Statements

Pyxis Tankers shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although Pyxis Tankers investors may analyze each financial statement separately, they are all interrelated. The changes in Pyxis Tankers' assets and liabilities, for example, are also reflected in the revenues and expenses on on Pyxis Tankers' 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 10.83  18.51 

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Pyxis Stock Analysis

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