Bright Payables Turnover from 2010 to 2024

BEDU Stock  USD 1.85  0.02  1.09%   
Bright Scholar Payables Turnover yearly trend continues to be comparatively stable with very little volatility. Payables Turnover will likely drop to 12.02 in 2024. Payables Turnover is a liquidity ratio that shows how quickly Bright Scholar Education pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
13.06
Current Value
12.02
Quarterly Volatility
6.71136168
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Bright Scholar financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Bright Scholar's main balance sheet or income statement drivers, such as Discontinued Operations of 252.1 M, Depreciation And Amortization of 105.1 M or Interest Expense of 8 M, as well as many indicators such as Price To Sales Ratio of 0.0992, Dividend Yield of 0.0258 or PTB Ratio of 0.13. Bright financial statements analysis is a perfect complement when working with Bright Scholar Valuation or Volatility modules.
  
Check out the analysis of Bright Scholar Correlation against competitors.

Latest Bright Scholar's Payables Turnover Growth Pattern

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

Bright Payables Turnover Regression Statistics

Arithmetic Mean12.88
Geometric Mean11.44
Coefficient Of Variation52.11
Mean Deviation4.77
Median12.34
Standard Deviation6.71
Sample Variance45.04
Range25.4656
R-Value0.52
Mean Square Error35.37
R-Squared0.27
Significance0.05
Slope0.78
Total Sum of Squares630.59

Bright Payables Turnover History

2024 12.02
2023 13.06
2022 14.51
2021 12.34
2020 16.08
2019 31.43
2018 16.82

About Bright Scholar Financial Statements

Bright Scholar shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although Bright Scholar investors may analyze each financial statement separately, they are all interrelated. The changes in Bright Scholar's assets and liabilities, for example, are also reflected in the revenues and expenses on on Bright Scholar'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 13.06  12.02 

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Additional Tools for Bright Stock Analysis

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