Best Payables Turnover from 2010 to 2025

BBY Stock  USD 91.10  1.93  2.16%   
Best Buy Payables Turnover yearly trend continues to be fairly stable with very little volatility. Payables Turnover will likely drop to 8.62 in 2025. Payables Turnover is a liquidity ratio that shows how quickly Best Buy Co pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
13.62238622
Current Value
8.62
Quarterly Volatility
1.83034911
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Best Buy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Best Buy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.1 B, Interest Expense of 60.3 M or Selling General Administrative of 5.1 B, as well as many indicators such as Price To Sales Ratio of 0.0533, Dividend Yield of 0.0194 or PTB Ratio of 0.94. Best financial statements analysis is a perfect complement when working with Best Buy Valuation or Volatility modules.
  
Check out the analysis of Best Buy Correlation against competitors.

Latest Best Buy's Payables Turnover Growth Pattern

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

Best Payables Turnover Regression Statistics

Arithmetic Mean7.19
Geometric Mean7.04
Coefficient Of Variation25.44
Mean Deviation1.03
Median6.39
Standard Deviation1.83
Sample Variance3.35
Range7.2703
R-Value0.60
Mean Square Error2.29
R-Squared0.36
Significance0.01
Slope0.23
Total Sum of Squares50.25

Best Payables Turnover History

2025 8.62
2024 13.62
2020 7.3
2014 6.35

About Best Buy Financial Statements

Best Buy investors use historical fundamental indicators, such as Best Buy'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 Best Buy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 13.62  8.62 

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Additional Tools for Best Stock Analysis

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