Tower Payables Turnover from 2010 to 2024

TSEM Stock  USD 51.96  0.97  1.83%   
Tower Semiconductor Payables Turnover yearly trend continues to be very stable with very little volatility. Payables Turnover is likely to drop to 4.93. Payables Turnover is a liquidity ratio that shows how quickly Tower Semiconductor pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
7.68472917
Current Value
4.93
Quarterly Volatility
2.84896983
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Tower Semiconductor financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tower Semiconductor's main balance sheet or income statement drivers, such as Depreciation And Amortization of 270.9 M, Interest Expense of 7.8 M or Total Revenue of 1.5 B, as well as many indicators such as Price To Sales Ratio of 2.54, Dividend Yield of 0.0014 or PTB Ratio of 0.71. Tower financial statements analysis is a perfect complement when working with Tower Semiconductor Valuation or Volatility modules.
  
Check out the analysis of Tower Semiconductor Correlation against competitors.
To learn how to invest in Tower Stock, please use our How to Invest in Tower Semiconductor guide.

Latest Tower Semiconductor's Payables Turnover Growth Pattern

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

Tower Payables Turnover Regression Statistics

Arithmetic Mean8.02
Geometric Mean7.49
Coefficient Of Variation35.54
Mean Deviation1.92
Median8.03
Standard Deviation2.85
Sample Variance8.12
Range12.3872
R-Value0.45
Mean Square Error6.97
R-Squared0.20
Significance0.09
Slope0.29
Total Sum of Squares113.63

Tower Payables Turnover History

2024 4.93
2023 7.68
2022 8.03
2021 14.98
2020 10.65
2019 8.43
2018 9.69

About Tower Semiconductor Financial Statements

Tower Semiconductor investors utilize fundamental indicators, such as Payables Turnover, to predict how Tower Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Payables Turnover 7.68  4.93 

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When determining whether Tower Semiconductor is a strong investment it is important to analyze Tower Semiconductor's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Tower Semiconductor's future performance. For an informed investment choice regarding Tower Stock, refer to the following important reports:
Check out the analysis of Tower Semiconductor Correlation against competitors.
To learn how to invest in Tower Stock, please use our How to Invest in Tower Semiconductor guide.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tower Semiconductor. If investors know Tower will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tower Semiconductor listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.043
Earnings Share
1.84
Revenue Per Share
12.536
Quarterly Revenue Growth
(0.02)
Return On Assets
0.0402
The market value of Tower Semiconductor is measured differently than its book value, which is the value of Tower that is recorded on the company's balance sheet. Investors also form their own opinion of Tower Semiconductor's value that differs from its market value or its book value, called intrinsic value, which is Tower Semiconductor's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tower Semiconductor's market value can be influenced by many factors that don't directly affect Tower Semiconductor's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tower Semiconductor's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tower Semiconductor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tower Semiconductor's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.