Axcelis Payables Turnover from 2010 to 2024

ACLS Stock  USD 77.47  2.40  3.20%   
Axcelis Technologies Payables Turnover yearly trend continues to be comparatively stable with very little volatility. Payables Turnover will likely drop to 7.43 in 2024. Payables Turnover is a liquidity ratio that shows how quickly Axcelis Technologies pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
11.75189338
Current Value
7.43
Quarterly Volatility
2.29017941
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Axcelis Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Axcelis Technologies' main balance sheet or income statement drivers, such as Depreciation And Amortization of 9.9 M, Interest Expense of 4.3 M or Selling General Administrative of 35.1 M, as well as many indicators such as Price To Sales Ratio of 3.95, Dividend Yield of 0.026 or PTB Ratio of 5.16. Axcelis financial statements analysis is a perfect complement when working with Axcelis Technologies Valuation or Volatility modules.
  
Check out the analysis of Axcelis Technologies Correlation against competitors.
For more information on how to buy Axcelis Stock please use our How to Invest in Axcelis Technologies guide.

Latest Axcelis Technologies' Payables Turnover Growth Pattern

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

Axcelis Payables Turnover Regression Statistics

Arithmetic Mean9.04
Geometric Mean8.79
Coefficient Of Variation25.33
Mean Deviation1.87
Median8.31
Standard Deviation2.29
Sample Variance5.24
Range8.1335
R-Value(0.07)
Mean Square Error5.62
R-Squared0.01
Significance0.80
Slope(0.04)
Total Sum of Squares73.43

Axcelis Payables Turnover History

2024 7.43
2023 11.75
2022 8.31
2021 9.89
2020 11.49
2019 7.85
2018 7.31

About Axcelis Technologies Financial Statements

Axcelis Technologies shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although Axcelis Technologies investors may analyze each financial statement separately, they are all interrelated. The changes in Axcelis Technologies' assets and liabilities, for example, are also reflected in the revenues and expenses on on Axcelis Technologies' 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 11.75  7.43 

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Additional Tools for Axcelis Stock Analysis

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