ASE Payables Turnover from 2010 to 2024

ASX Stock  USD 9.91  0.02  0.20%   
ASE Industrial Payables Turnover yearly trend continues to be fairly stable with very little volatility. Payables Turnover will likely drop to 6.62 in 2024. Payables Turnover is a liquidity ratio that shows how quickly ASE Industrial Holding pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
6.96948425
Current Value
6.62
Quarterly Volatility
0.58818628
 
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Check ASE Industrial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ASE Industrial's main balance sheet or income statement drivers, such as Depreciation And Amortization of 58.3 B, Interest Expense of 6.7 B or Selling General Administrative of 10.4 B, as well as many indicators such as Price To Sales Ratio of 1.42, Dividend Yield of 0.0331 or PTB Ratio of 2.12. ASE financial statements analysis is a perfect complement when working with ASE Industrial Valuation or Volatility modules.
  
Check out the analysis of ASE Industrial Correlation against competitors.

Latest ASE Industrial's Payables Turnover Growth Pattern

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

ASE Payables Turnover Regression Statistics

Arithmetic Mean6.18
Geometric Mean6.16
Coefficient Of Variation9.51
Mean Deviation0.50
Median6.19
Standard Deviation0.59
Sample Variance0.35
Range1.6528
R-Value0.05
Mean Square Error0.37
R-Squared0
Significance0.86
Slope0.01
Total Sum of Squares4.84

ASE Payables Turnover History

2024 6.62
2023 6.97
2022 6.78
2021 5.44
2019 6.22
2018 5.45
2017 5.7

About ASE Industrial Financial Statements

ASE Industrial investors use historical fundamental indicators, such as ASE Industrial'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 ASE Industrial. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 6.97  6.62 

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Additional Tools for ASE Stock Analysis

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