SunLink Payables Turnover from 2010 to 2024

SSY Stock  USD 0.75  0.01  1.32%   
SunLink Health Payables Turnover yearly trend continues to be fairly stable with very little volatility. Payables Turnover will likely drop to 6.57 in 2024. Payables Turnover is a liquidity ratio that shows how quickly SunLink Health Systems pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
10.25511811
Current Value
6.57131999
Quarterly Volatility
7.00872674
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check SunLink Health financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SunLink Health's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.5 M, Interest Expense of 855 or Total Revenue of 30.8 M, as well as many indicators such as Price To Sales Ratio of 0.17, Dividend Yield of 0.0 or PTB Ratio of 0.74. SunLink financial statements analysis is a perfect complement when working with SunLink Health Valuation or Volatility modules.
  
Check out the analysis of SunLink Health Correlation against competitors.

Latest SunLink Health's Payables Turnover Growth Pattern

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

SunLink Payables Turnover Regression Statistics

Arithmetic Mean13.31
Geometric Mean11.69
Coefficient Of Variation52.66
Mean Deviation5.65
Median12.54
Standard Deviation7.01
Sample Variance49.12
Range22.2779
R-Value0.49
Mean Square Error40.22
R-Squared0.24
Significance0.06
Slope0.77
Total Sum of Squares687.71

SunLink Payables Turnover History

2024 6.57
2023 10.26
2022 27.08
2021 15.77
2020 17.4
2019 26.56
2018 14.51

About SunLink Health Financial Statements

SunLink Health investors use historical fundamental indicators, such as SunLink Health'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 SunLink Health. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 10.26  6.57 

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Additional Tools for SunLink Stock Analysis

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