Cars Payables Turnover from 2010 to 2024

CARS Stock  USD 19.89  0.56  2.90%   
Cars 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 Cars Inc pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
5.49013882
Current Value
10.04
Quarterly Volatility
2.85763957
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Cars financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cars' main balance sheet or income statement drivers, such as Depreciation And Amortization of 92.1 M, Interest Expense of 21.5 M or Selling General Administrative of 114.9 M, as well as many indicators such as Price To Sales Ratio of 2.84, Dividend Yield of 0.18 or PTB Ratio of 2.7. Cars financial statements analysis is a perfect complement when working with Cars Valuation or Volatility modules.
  
Check out the analysis of Cars Correlation against competitors.

Latest Cars' Payables Turnover Growth Pattern

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

Cars Payables Turnover Regression Statistics

Arithmetic Mean9.35
Geometric Mean8.98
Coefficient Of Variation30.55
Mean Deviation1.98
Median9.75
Standard Deviation2.86
Sample Variance8.17
Range11.0657
R-Value(0.45)
Mean Square Error6.99
R-Squared0.20
Significance0.09
Slope(0.29)
Total Sum of Squares114.33

Cars Payables Turnover History

2024 10.04
2023 5.49
2022 6.31
2021 7.41
2020 6.15
2019 8.01
2018 7.94

About Cars Financial Statements

Cars shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although Cars investors may analyze each financial statement separately, they are all interrelated. The changes in Cars' assets and liabilities, for example, are also reflected in the revenues and expenses on on Cars' 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 5.49  10.04 

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Cars Stock Analysis

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