ZimVie Payables Turnover from 2010 to 2024

ZIMV Stock  USD 14.53  0.01  0.07%   
ZimVie 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 ZimVie 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
6.01223682
Current Value
6.06
Quarterly Volatility
1.10447017
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ZimVie financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ZimVie's main balance sheet or income statement drivers, such as Depreciation And Amortization of 105.5 M, Interest Expense of 21.2 M or Selling General Administrative of 443.4 M, as well as many indicators such as Price To Sales Ratio of 0.56, Dividend Yield of 1.78 or PTB Ratio of 1.2. ZimVie financial statements analysis is a perfect complement when working with ZimVie Valuation or Volatility modules.
  
Check out the analysis of ZimVie Correlation against competitors.

Latest ZimVie's Payables Turnover Growth Pattern

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

ZimVie Payables Turnover Regression Statistics

Arithmetic Mean6.91
Geometric Mean6.84
Coefficient Of Variation15.98
Mean Deviation0.68
Median6.64
Standard Deviation1.10
Sample Variance1.22
Range4.3134
R-Value0.25
Mean Square Error1.23
R-Squared0.06
Significance0.37
Slope0.06
Total Sum of Squares17.08

ZimVie Payables Turnover History

2024 6.06
2023 6.01
2022 10.33
2021 8.57
2020 6.3

About ZimVie Financial Statements

ZimVie investors use historical fundamental indicators, such as ZimVie'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 ZimVie. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 6.01  6.06 

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Additional Tools for ZimVie Stock Analysis

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