Renew Payables Turnover from 2010 to 2024

RNW Stock  USD 7.09  0.12  1.66%   
Renew Energy 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 Renew Energy Global pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
0.42269628
Current Value
0.44
Quarterly Volatility
0.30376499
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Renew Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Renew Energy's main balance sheet or income statement drivers, such as Interest Expense of 35.5 B, Other Operating Expenses of 17 B or EBIT of 35.5 B, as well as many indicators such as Price To Sales Ratio of 2.14, Dividend Yield of 0.063 or PTB Ratio of 1.65. Renew financial statements analysis is a perfect complement when working with Renew Energy Valuation or Volatility modules.
  
Check out the analysis of Renew Energy Correlation against competitors.

Latest Renew Energy's Payables Turnover Growth Pattern

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

Renew Payables Turnover Regression Statistics

Arithmetic Mean0.17
Geometric Mean0.03
Coefficient Of Variation175.03
Mean Deviation0.20
Median0.03
Standard Deviation0.30
Sample Variance0.09
Range1.1353
R-Value0.63
Mean Square Error0.06
R-Squared0.39
Significance0.01
Slope0.04
Total Sum of Squares1.29

Renew Payables Turnover History

2024 0.44
2023 0.42
2022 1.14
2021 0.0578
2020 0.13
2019 0.14
2018 0.0267

About Renew Energy Financial Statements

Renew Energy investors use historical fundamental indicators, such as Renew Energy'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 Renew Energy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 0.42  0.44 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Renew Stock Analysis

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