PowerFleet, Payables Turnover from 2010 to 2024

AIOT Stock   7.15  0.21  2.85%   
PowerFleet, Payables Turnover yearly trend continues to be comparatively stable with very little volatility. Payables Turnover will likely drop to 2.63 in 2024. Payables Turnover is a liquidity ratio that shows how quickly PowerFleet, pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
3.46555758
Current Value
2.63
Quarterly Volatility
1.08096178
 
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Yuan Drop
 
Covid
Check PowerFleet, financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among PowerFleet,'s main balance sheet or income statement drivers, such as Depreciation And Amortization of 7 M, Interest Expense of 2 M or Total Revenue of 99.3 M, as well as many indicators such as Price To Sales Ratio of 0.87, Dividend Yield of 0.0211 or PTB Ratio of 0.84. PowerFleet, financial statements analysis is a perfect complement when working with PowerFleet, Valuation or Volatility modules.
  
Check out the analysis of PowerFleet, Correlation against competitors.
For more information on how to buy PowerFleet, Stock please use our How to Invest in PowerFleet, guide.

Latest PowerFleet,'s Payables Turnover Growth Pattern

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

PowerFleet, Payables Turnover Regression Statistics

Arithmetic Mean3.87
Geometric Mean3.73
Coefficient Of Variation27.96
Mean Deviation0.89
Median3.56
Standard Deviation1.08
Sample Variance1.17
Range3.0477
R-Value(0.23)
Mean Square Error1.19
R-Squared0.05
Significance0.42
Slope(0.05)
Total Sum of Squares16.36

PowerFleet, Payables Turnover History

2024 2.63
2023 3.47
2022 4.81
2021 3.72
2020 5.53
2019 2.83
2018 4.1

About PowerFleet, Financial Statements

PowerFleet, shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although PowerFleet, investors may analyze each financial statement separately, they are all interrelated. The changes in PowerFleet,'s assets and liabilities, for example, are also reflected in the revenues and expenses on on PowerFleet,'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 3.47  2.63 

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Additional Tools for PowerFleet, Stock Analysis

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