Euro Payables Turnover from 2010 to 2024

CLWT Stock  USD 1.43  0.02  1.38%   
Euro Tech 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 Euro Tech Holdings pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
4.07378472
Current Value
5.17
Quarterly Volatility
0.70257553
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Euro Tech financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Euro Tech's main balance sheet or income statement drivers, such as Depreciation And Amortization of 14.2 K, Interest Expense of 6 K or Selling General Administrative of 7.3 M, as well as many indicators such as Price To Sales Ratio of 0.66, Dividend Yield of 0.0458 or PTB Ratio of 1.36. Euro financial statements analysis is a perfect complement when working with Euro Tech Valuation or Volatility modules.
  
Check out the analysis of Euro Tech Correlation against competitors.

Latest Euro Tech's Payables Turnover Growth Pattern

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

Euro Payables Turnover Regression Statistics

Arithmetic Mean4.31
Geometric Mean4.26
Coefficient Of Variation16.29
Mean Deviation0.58
Median4.17
Standard Deviation0.70
Sample Variance0.49
Range2.207
R-Value0.04
Mean Square Error0.53
R-Squared0
Significance0.88
Slope0.01
Total Sum of Squares6.91

Euro Payables Turnover History

2024 5.17
2023 4.07
2022 4.53
2021 4.98
2020 4.04
2019 3.32
2018 3.35

About Euro Tech Financial Statements

Euro Tech shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although Euro Tech investors may analyze each financial statement separately, they are all interrelated. The changes in Euro Tech's assets and liabilities, for example, are also reflected in the revenues and expenses on on Euro Tech'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 4.07  5.17 

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Additional Tools for Euro Stock Analysis

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