Essex Payables Turnover from 2010 to 2024

ESS Stock  USD 305.53  1.19  0.39%   
Essex Property 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 Essex Property Trust pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
5.87303379
Current Value
6.17
Quarterly Volatility
1.27726573
 
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Covid
Check Essex Property financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Essex Property's main balance sheet or income statement drivers, such as Depreciation And Amortization of 575.9 M, Interest Expense of 223.6 M or Selling General Administrative of 32.5 M, as well as many indicators such as Price To Sales Ratio of 6.34, Dividend Yield of 0.046 or PTB Ratio of 1.91. Essex financial statements analysis is a perfect complement when working with Essex Property Valuation or Volatility modules.
  
Check out the analysis of Essex Property Correlation against competitors.

Latest Essex Property's Payables Turnover Growth Pattern

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

Essex Payables Turnover Regression Statistics

Arithmetic Mean3.22
Geometric Mean3.00
Coefficient Of Variation39.62
Mean Deviation0.80
Median3.02
Standard Deviation1.28
Sample Variance1.63
Range5.184
R-Value0.68
Mean Square Error0.95
R-Squared0.46
Significance0.01
Slope0.19
Total Sum of Squares22.84

Essex Payables Turnover History

2024 6.17
2023 5.87
2022 3.07
2021 2.66
2020 3.17
2019 2.72
2018 3.44

About Essex Property Financial Statements

Essex Property shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although Essex Property investors may analyze each financial statement separately, they are all interrelated. The changes in Essex Property's assets and liabilities, for example, are also reflected in the revenues and expenses on on Essex Property'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 5.87  6.17 

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Additional Tools for Essex Stock Analysis

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