Benchmark Payables Turnover from 2010 to 2024

BHE Stock  USD 48.47  0.30  0.62%   
Benchmark Electronics' Payables Turnover is decreasing over the years with slightly volatile fluctuation. Overall, Payables Turnover is expected to go to 8.46 this year. Payables Turnover is a liquidity ratio that shows how quickly Benchmark Electronics pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
7.01258572
Current Value
8.46
Quarterly Volatility
1.28557968
 
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Covid
Check Benchmark Electronics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Benchmark Electronics' main balance sheet or income statement drivers, such as Depreciation And Amortization of 33.8 M, Interest Expense of 33.5 M or Selling General Administrative of 78 M, as well as many indicators such as Price To Sales Ratio of 0.67, Dividend Yield of 0.018 or PTB Ratio of 1.66. Benchmark financial statements analysis is a perfect complement when working with Benchmark Electronics Valuation or Volatility modules.
  
Check out the analysis of Benchmark Electronics Correlation against competitors.
For information on how to trade Benchmark Stock refer to our How to Trade Benchmark Stock guide.

Latest Benchmark Electronics' Payables Turnover Growth Pattern

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

Benchmark Payables Turnover Regression Statistics

Arithmetic Mean7.17
Geometric Mean7.06
Coefficient Of Variation17.94
Mean Deviation1.02
Median7.01
Standard Deviation1.29
Sample Variance1.65
Range4.4416
R-Value(0.41)
Mean Square Error1.48
R-Squared0.17
Significance0.13
Slope(0.12)
Total Sum of Squares23.14

Benchmark Payables Turnover History

2024 8.46
2023 7.01
2022 6.2
2021 4.8
2020 6.65
2019 6.82
2018 5.56

About Benchmark Electronics Financial Statements

Benchmark Electronics stakeholders use historical fundamental indicators, such as Benchmark Electronics' Payables Turnover, to determine how well the company is positioned to perform in the future. Although Benchmark Electronics investors may analyze each financial statement separately, they are all interrelated. For example, changes in Benchmark Electronics' assets and liabilities are reflected in the revenues and expenses on Benchmark Electronics' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Benchmark Electronics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 7.01  8.46 

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When determining whether Benchmark Electronics is a strong investment it is important to analyze Benchmark Electronics' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Benchmark Electronics' future performance. For an informed investment choice regarding Benchmark Stock, refer to the following important reports:
Check out the analysis of Benchmark Electronics Correlation against competitors.
For information on how to trade Benchmark Stock refer to our How to Trade Benchmark Stock guide.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Benchmark Electronics. If investors know Benchmark will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Benchmark Electronics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.26)
Dividend Share
0.665
Earnings Share
1.72
Revenue Per Share
74.962
Quarterly Revenue Growth
(0.09)
The market value of Benchmark Electronics is measured differently than its book value, which is the value of Benchmark that is recorded on the company's balance sheet. Investors also form their own opinion of Benchmark Electronics' value that differs from its market value or its book value, called intrinsic value, which is Benchmark Electronics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Benchmark Electronics' market value can be influenced by many factors that don't directly affect Benchmark Electronics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Benchmark Electronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Benchmark Electronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Benchmark Electronics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.