Equinix Payables Turnover from 2010 to 2024

EQIX Stock  USD 979.10  0.84  0.09%   
Equinix Payables Turnover yearly trend continues to be fairly stable with very little volatility. Payables Turnover will likely drop to 18.44 in 2024. Payables Turnover is a liquidity ratio that shows how quickly Equinix pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
26.03943187
Current Value
18.44
Quarterly Volatility
12.52489309
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Equinix financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Equinix's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.9 B, Interest Expense of 218.3 M or Total Revenue of 8.6 B, as well as many indicators such as Price To Sales Ratio of 8.75, Dividend Yield of 0.0202 or PTB Ratio of 6.34. Equinix financial statements analysis is a perfect complement when working with Equinix Valuation or Volatility modules.
  
Check out the analysis of Equinix Correlation against competitors.
For more information on how to buy Equinix Stock please use our How to Invest in Equinix guide.

Latest Equinix's Payables Turnover Growth Pattern

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

Equinix Payables Turnover Regression Statistics

Arithmetic Mean30.73
Coefficient Of Variation40.75
Mean Deviation8.98
Median32.35
Standard Deviation12.52
Sample Variance156.87
Range55.0462
R-Value0.18
Mean Square Error163.69
R-Squared0.03
Significance0.53
Slope0.49
Total Sum of Squares2,196

Equinix Payables Turnover History

2024 18.44
2023 26.04
2022 32.35
2021 41.3
2020 39.56
2019 53.8
2018 26.87

About Equinix Financial Statements

Equinix investors use historical fundamental indicators, such as Equinix'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 Equinix. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 26.04  18.44 

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Additional Tools for Equinix Stock Analysis

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