Eversource Payables Turnover from 2010 to 2024

ES Stock  USD 63.98  0.60  0.95%   
Eversource Energy 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 Eversource Energy pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
4.5854219
Current Value
5.04
Quarterly Volatility
0.96021956
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Eversource Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Eversource Energy's main balance sheet or income statement drivers, such as Interest Expense of 898.2 M, Total Revenue of 6.3 B or Gross Profit of 3.2 B, as well as many indicators such as Price To Sales Ratio of 1.01, Dividend Yield of 0.0413 or PTB Ratio of 1.1. Eversource financial statements analysis is a perfect complement when working with Eversource Energy Valuation or Volatility modules.
  
Check out the analysis of Eversource Energy Correlation against competitors.
For more information on how to buy Eversource Stock please use our How to Invest in Eversource Energy guide.

Latest Eversource Energy's Payables Turnover Growth Pattern

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

Eversource Payables Turnover Regression Statistics

Arithmetic Mean4.07
Geometric Mean3.96
Coefficient Of Variation23.59
Mean Deviation0.83
Median3.99
Standard Deviation0.96
Sample Variance0.92
Range2.9316
R-Value0.02
Mean Square Error0.99
R-Squared0.0002
Significance0.96
Slope0
Total Sum of Squares12.91

Eversource Payables Turnover History

2024 5.04
2023 4.59
2022 3.25
2021 3.06
2020 3.26
2019 3.84
2018 3.99

About Eversource Energy Financial Statements

Eversource Energy shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although Eversource Energy investors may analyze each financial statement separately, they are all interrelated. The changes in Eversource Energy's assets and liabilities, for example, are also reflected in the revenues and expenses on on Eversource Energy'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 4.59  5.04 

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Additional Tools for Eversource Stock Analysis

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