RMAX Payables Turnover from 2010 to 2024

RMAX Stock  USD 13.28  0.20  1.48%   
Re Max 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 Re Max Holding pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
17.84276596
Current Value
24.35
Quarterly Volatility
7.92255655
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Re Max financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Re Max's main balance sheet or income statement drivers, such as Depreciation And Amortization of 30.8 M, Interest Expense of 37.5 M or Total Revenue of 241.3 M, as well as many indicators such as Price To Sales Ratio of 0.7, Dividend Yield of 0.0589 or PTB Ratio of 0.62. RMAX financial statements analysis is a perfect complement when working with Re Max Valuation or Volatility modules.
  
Check out the analysis of Re Max Correlation against competitors.

Latest Re Max's Payables Turnover Growth Pattern

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

RMAX Payables Turnover Regression Statistics

Arithmetic Mean24.69
Geometric Mean23.35
Coefficient Of Variation32.08
Mean Deviation6.52
Median29.37
Standard Deviation7.92
Sample Variance62.77
Range28.7343
R-Value(0.49)
Mean Square Error51.28
R-Squared0.24
Significance0.06
Slope(0.87)
Total Sum of Squares878.74

RMAX Payables Turnover History

2024 24.35
2023 17.84
2022 14.65
2021 15.88
2020 30.55
2019 24.24
2018 10.94

About Re Max Financial Statements

Re Max investors use historical fundamental indicators, such as Re Max'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 Re Max. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 17.84  24.35 

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Additional Tools for RMAX Stock Analysis

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