Xos Payables Turnover from 2010 to 2024

XOS Stock  USD 3.12  0.08  2.63%   
Xos Payables Turnover yearly trend continues to be comparatively 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 Xos Inc pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
16.62300435
Current Value
17.45
Quarterly Volatility
7.83753802
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Xos financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Xos' main balance sheet or income statement drivers, such as Interest Expense of 4 M, Depreciation And Amortization of 5.1 M or Selling General Administrative of 25 M, as well as many indicators such as Price To Sales Ratio of 0.99, Dividend Yield of 0.0 or PTB Ratio of 1.07. Xos financial statements analysis is a perfect complement when working with Xos Valuation or Volatility modules.
  
Check out the analysis of Xos Correlation against competitors.

Latest Xos' Payables Turnover Growth Pattern

Below is the plot of the Payables Turnover of Xos Inc 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. Xos' Payables Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Xos' overall financial position and show how it may be relating to other accounts over time.
Payables Turnover10 Years Trend
Slightly volatile
   Payables Turnover   
       Timeline  

Xos Payables Turnover Regression Statistics

Arithmetic Mean4.10
Geometric Mean0.52
Coefficient Of Variation191.36
Mean Deviation5.96
Median0.13
Standard Deviation7.84
Sample Variance61.43
Range22.8019
R-Value0.70
Mean Square Error33.81
R-Squared0.49
Significance0
Slope1.23
Total Sum of Squares859.98

Xos Payables Turnover History

2024 17.45
2023 16.62
2022 22.93
2021 0.73
2020 2.0
2019 0.55

About Xos Financial Statements

Xos shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although Xos investors may analyze each financial statement separately, they are all interrelated. The changes in Xos' assets and liabilities, for example, are also reflected in the revenues and expenses on on Xos' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Payables Turnover 16.62  17.45 

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Additional Tools for Xos Stock Analysis

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