Tower Payables Turnover from 2010 to 2024
TSEM Stock | USD 51.96 0.97 1.83% |
Payables Turnover | First Reported 2010-12-31 | Previous Quarter 7.68472917 | Current Value 4.93 | Quarterly Volatility 2.84896983 |
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.
Tower | Payables Turnover |
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 Turnover | 10 Years Trend |
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Payables Turnover |
Timeline |
Tower Payables Turnover Regression Statistics
Arithmetic Mean | 8.02 | |
Geometric Mean | 7.49 | |
Coefficient Of Variation | 35.54 | |
Mean Deviation | 1.92 | |
Median | 8.03 | |
Standard Deviation | 2.85 | |
Sample Variance | 8.12 | |
Range | 12.3872 | |
R-Value | 0.45 | |
Mean Square Error | 6.97 | |
R-Squared | 0.20 | |
Significance | 0.09 | |
Slope | 0.29 | |
Total Sum of Squares | 113.63 |
Tower Payables Turnover History
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 Reported | Projected for Next Year | ||
Payables Turnover | 7.68 | 4.93 |
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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.