Aeries Payables Turnover from 2010 to 2024

AERT Stock  USD 0.90  0.10  10.00%   
Aeries Technology Payables Turnover yearly trend continues to be comparatively stable with very little volatility. Payables Turnover will likely drop to 7.30 in 2024. Payables Turnover is a liquidity ratio that shows how quickly Aeries Technology pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
7.68863362
Current Value
7.3
Quarterly Volatility
10.18033602
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Aeries Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Aeries Technology's main balance sheet or income statement drivers, such as Tax Provision of 1.5 M, Interest Income of 200 K or Depreciation And Amortization of 1.3 M, as well as many indicators such as Price To Sales Ratio of 0.51, Dividend Yield of 0.0 or Days Sales Outstanding of 75.78. Aeries financial statements analysis is a perfect complement when working with Aeries Technology Valuation or Volatility modules.
  
Check out the analysis of Aeries Technology Correlation against competitors.
For more information on how to buy Aeries Stock please use our How to Invest in Aeries Technology guide.

Latest Aeries Technology's Payables Turnover Growth Pattern

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

Aeries Payables Turnover Regression Statistics

Arithmetic Mean29.65
Geometric Mean26.73
Coefficient Of Variation34.33
Mean Deviation7.74
Median34.49
Standard Deviation10.18
Sample Variance103.64
Range27.1911
R-Value(0.70)
Mean Square Error57.48
R-Squared0.49
Significance0
Slope(1.59)
Total Sum of Squares1,451

Aeries Payables Turnover History

2024 7.3
2023 7.69
2022 15.94

About Aeries Technology Financial Statements

Aeries Technology shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although Aeries Technology investors may analyze each financial statement separately, they are all interrelated. The changes in Aeries Technology's assets and liabilities, for example, are also reflected in the revenues and expenses on on Aeries Technology's 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 7.69  7.30 

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Additional Tools for Aeries Stock Analysis

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