REX Payables Turnover from 2010 to 2024

REX Stock  USD 43.31  0.06  0.14%   
REX American Payables Turnover yearly trend continues to be fairly 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 REX American Resources pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
17.47358163
Current Value
21.2
Quarterly Volatility
33.78398625
 
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Yuan Drop
 
Covid
Check REX American financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among REX American's main balance sheet or income statement drivers, such as Depreciation And Amortization of 24.2 M, Interest Expense of 13.8 M or Total Revenue of 441.1 M, as well as many indicators such as Price To Sales Ratio of 0.91, Dividend Yield of 0.0 or PTB Ratio of 1.22. REX financial statements analysis is a perfect complement when working with REX American Valuation or Volatility modules.
  
Check out the analysis of REX American Correlation against competitors.

Latest REX American's Payables Turnover Growth Pattern

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

REX Payables Turnover Regression Statistics

Arithmetic Mean43.73
Geometric Mean34.54
Coefficient Of Variation77.25
Mean Deviation23.82
Median37.76
Standard Deviation33.78
Sample Variance1,141
Range129
R-Value(0.51)
Mean Square Error910.94
R-Squared0.26
Significance0.05
Slope(3.84)
Total Sum of Squares15,979

REX Payables Turnover History

2024 21.2
2023 17.47
2022 23.47
2021 20.99
2020 21.66
2019 21.46
2018 61.16

About REX American Financial Statements

REX American investors use historical fundamental indicators, such as REX American'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 REX American. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 17.47  21.20 

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Additional Tools for REX Stock Analysis

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