CBIZ Payables Turnover from 2010 to 2024

CBZ Stock  USD 80.79  1.36  1.71%   
CBIZ Payables Turnover yearly trend continues to be fairly 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 CBIZ 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
16.49249677
Current Value
18.6
Quarterly Volatility
3.26160157
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check CBIZ financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CBIZ's main balance sheet or income statement drivers, such as Depreciation And Amortization of 23.5 M, Interest Expense of 21.1 M or Selling General Administrative of 35.1 M, as well as many indicators such as Price To Sales Ratio of 1.45, Dividend Yield of 0.0075 or PTB Ratio of 4.15. CBIZ financial statements analysis is a perfect complement when working with CBIZ Valuation or Volatility modules.
  
Check out the analysis of CBIZ Correlation against competitors.

Latest CBIZ's Payables Turnover Growth Pattern

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

CBIZ Payables Turnover Regression Statistics

Arithmetic Mean15.24
Geometric Mean14.81
Coefficient Of Variation21.40
Mean Deviation2.39
Median15.24
Standard Deviation3.26
Sample Variance10.64
Range12.6488
R-Value0.07
Mean Square Error11.39
R-Squared0.01
Significance0.79
Slope0.05
Total Sum of Squares148.93

CBIZ Payables Turnover History

2024 18.6
2023 16.49
2022 14.72
2021 14.38
2020 12.87
2019 12.02
2018 13.48

About CBIZ Financial Statements

CBIZ investors use historical fundamental indicators, such as CBIZ'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 CBIZ. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 16.49  18.60 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for CBIZ Stock Analysis

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