Enerflex Payables Turnover from 2010 to 2024

EFXT Stock  USD 9.24  0.20  2.21%   
Enerflex 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 Enerflex pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
3.48395168
Current Value
6.22
Quarterly Volatility
1.56830912
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Enerflex financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Enerflex's main balance sheet or income statement drivers, such as Depreciation And Amortization of 211.7 M, Interest Expense of 125.7 M or Total Revenue of 1.9 B, as well as many indicators such as Price To Sales Ratio of 0.23, Dividend Yield of 0.0266 or PTB Ratio of 1.02. Enerflex financial statements analysis is a perfect complement when working with Enerflex Valuation or Volatility modules.
  
Check out the analysis of Enerflex Correlation against competitors.
For more information on how to buy Enerflex Stock please use our How to Invest in Enerflex guide.

Latest Enerflex's Payables Turnover Growth Pattern

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

Enerflex Payables Turnover Regression Statistics

Arithmetic Mean5.25
Geometric Mean5.00
Coefficient Of Variation29.89
Mean Deviation1.25
Median5.15
Standard Deviation1.57
Sample Variance2.46
Range5.3887
R-Value(0.70)
Mean Square Error1.37
R-Squared0.48
Significance0
Slope(0.24)
Total Sum of Squares34.43

Enerflex Payables Turnover History

2024 6.22
2023 3.48
2022 2.38
2021 3.16
2020 5.15
2019 5.04
2018 4.75

About Enerflex Financial Statements

Enerflex shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although Enerflex investors may analyze each financial statement separately, they are all interrelated. The changes in Enerflex's assets and liabilities, for example, are also reflected in the revenues and expenses on on Enerflex'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 3.48  6.22 

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Additional Tools for Enerflex Stock Analysis

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