Figs Payables Turnover from 2010 to 2024

FIGS Stock  USD 4.71  0.01  0.21%   
Figs Payables Turnover yearly trend continues to be comparatively stable with very little volatility. Payables Turnover will likely drop to 5.74 in 2024. Payables Turnover is a liquidity ratio that shows how quickly Figs Inc pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
11.43691098
Current Value
5.74
Quarterly Volatility
2.62331719
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Figs financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Figs' main balance sheet or income statement drivers, such as Tax Provision of 12.6 M, Net Interest Income of 5.8 M or Interest Income of 5.8 M, as well as many indicators such as Price To Sales Ratio of 2.03, Dividend Yield of 0.0 or PTB Ratio of 2.94. Figs financial statements analysis is a perfect complement when working with Figs Valuation or Volatility modules.
  
Check out the analysis of Figs Correlation against competitors.

Latest Figs' Payables Turnover Growth Pattern

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

Figs Payables Turnover Regression Statistics

Arithmetic Mean4.55
Geometric Mean4.03
Coefficient Of Variation57.67
Mean Deviation2.12
Median2.96
Standard Deviation2.62
Sample Variance6.88
Range8.4757
R-Value0.74
Mean Square Error3.34
R-Squared0.55
Significance0
Slope0.43
Total Sum of Squares96.35

Figs Payables Turnover History

2024 5.74
2023 11.44
2022 7.24
2021 8.11
2020 6.09

About Figs Financial Statements

Figs shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although Figs investors may analyze each financial statement separately, they are all interrelated. The changes in Figs' assets and liabilities, for example, are also reflected in the revenues and expenses on on Figs' 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 11.44  5.74 

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Additional Tools for Figs Stock Analysis

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