American Payables Turnover from 2010 to 2024

AMS Stock  USD 3.14  0.02  0.63%   
American Shared 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 American Shared Hospital pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
38.32698413
Current Value
40.24
Quarterly Volatility
11.31373698
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check American Shared financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among American Shared's main balance sheet or income statement drivers, such as Depreciation And Amortization of 6.6 M, Interest Expense of 1.1 M or Selling General Administrative of 4 M, as well as many indicators such as Price To Sales Ratio of 0.59, Dividend Yield of 0.033 or PTB Ratio of 0.68. American financial statements analysis is a perfect complement when working with American Shared Valuation or Volatility modules.
  
Check out the analysis of American Shared Correlation against competitors.

Latest American Shared's Payables Turnover Growth Pattern

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

American Payables Turnover Regression Statistics

Arithmetic Mean30.97
Geometric Mean28.80
Coefficient Of Variation36.53
Mean Deviation8.82
Median30.34
Standard Deviation11.31
Sample Variance128.00
Range41.0405
R-Value0.33
Mean Square Error123.13
R-Squared0.11
Significance0.23
Slope0.83
Total Sum of Squares1,792

American Payables Turnover History

2024 40.24
2023 38.33
2022 49.41
2021 34.28
2020 19.58
2019 24.57
2018 28.11

About American Shared Financial Statements

American Shared shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although American Shared investors may analyze each financial statement separately, they are all interrelated. The changes in American Shared's assets and liabilities, for example, are also reflected in the revenues and expenses on on American Shared'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 38.33  40.24 

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Additional Tools for American Stock Analysis

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