Enzo Payables Turnover from 2010 to 2024

ENZ Stock  USD 1.08  0.05  4.85%   
Enzo Biochem Payables Turnover yearly trend continues to be fairly stable with very little volatility. Payables Turnover will likely drop to 6.34 in 2024. Payables Turnover is a liquidity ratio that shows how quickly Enzo Biochem pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
12.55450581
Current Value
6.34
Quarterly Volatility
3.24180497
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Enzo Biochem financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Enzo Biochem's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.5 M, Interest Expense of 187.2 K or Total Revenue of 63.1 M, as well as many indicators such as Price To Sales Ratio of 1.73, Dividend Yield of 2.0E-4 or PTB Ratio of 0.98. Enzo financial statements analysis is a perfect complement when working with Enzo Biochem Valuation or Volatility modules.
  
Check out the analysis of Enzo Biochem Correlation against competitors.
For more information on how to buy Enzo Stock please use our How to Invest in Enzo Biochem guide.

Latest Enzo Biochem's Payables Turnover Growth Pattern

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

Enzo Payables Turnover Regression Statistics

Arithmetic Mean7.59
Geometric Mean7.16
Coefficient Of Variation42.73
Mean Deviation2.08
Median6.35
Standard Deviation3.24
Sample Variance10.51
Range12.0715
R-Value0.41
Mean Square Error9.40
R-Squared0.17
Significance0.13
Slope0.30
Total Sum of Squares147.13

Enzo Payables Turnover History

2024 6.34
2023 12.55
2022 5.45
2021 17.52
2020 7.9
2019 6.15
2018 7.98

About Enzo Biochem Financial Statements

Enzo Biochem investors use historical fundamental indicators, such as Enzo Biochem'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 Enzo Biochem. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 12.55  6.34 

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 Enzo Stock Analysis

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