Fox Payables Turnover from 2010 to 2024

FOXF Stock  USD 32.43  0.21  0.65%   
Fox Factory's Payables Turnover is increasing over the last several years with very volatile swings. Payables Turnover is predicted to flatten to 6.49. Payables Turnover is a liquidity ratio that shows how quickly Fox Factory Holding pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
8.66870699
Current Value
6.49
Quarterly Volatility
1.12015044
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Fox Factory financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Fox Factory's main balance sheet or income statement drivers, such as Depreciation And Amortization of 61.5 M, Interest Expense of 20.3 M or Selling General Administrative of 130.8 M, as well as many indicators such as Price To Sales Ratio of 5.78, Dividend Yield of 0.088 or PTB Ratio of 7.65. Fox financial statements analysis is a perfect complement when working with Fox Factory Valuation or Volatility modules.
  
Check out the analysis of Fox Factory Correlation against competitors.

Latest Fox Factory's Payables Turnover Growth Pattern

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

Fox Payables Turnover Regression Statistics

Arithmetic Mean7.51
Geometric Mean7.44
Coefficient Of Variation14.91
Mean Deviation1.01
Median6.99
Standard Deviation1.12
Sample Variance1.25
Range3.1054
R-Value0.05
Mean Square Error1.35
R-Squared0
Significance0.87
Slope0.01
Total Sum of Squares17.57

Fox Payables Turnover History

2024 6.49
2022 9.6
2021 8.67
2014 6.99
2013 7.94
2012 8.85
2011 8.5

About Fox Factory Financial Statements

Fox Factory stakeholders use historical fundamental indicators, such as Fox Factory's Payables Turnover, to determine how well the company is positioned to perform in the future. Although Fox Factory investors may analyze each financial statement separately, they are all interrelated. For example, changes in Fox Factory's assets and liabilities are reflected in the revenues and expenses on Fox Factory's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Fox Factory Holding. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 8.67  6.49 

Currently Active Assets on Macroaxis

When determining whether Fox Factory Holding is a strong investment it is important to analyze Fox Factory's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Fox Factory's future performance. For an informed investment choice regarding Fox Stock, refer to the following important reports:
Check out the analysis of Fox Factory Correlation against competitors.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Automotive Parts & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fox Factory. If investors know Fox will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fox Factory listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.87)
Earnings Share
0.26
Revenue Per Share
32.862
Quarterly Revenue Growth
0.085
Return On Assets
0.0219
The market value of Fox Factory Holding is measured differently than its book value, which is the value of Fox that is recorded on the company's balance sheet. Investors also form their own opinion of Fox Factory's value that differs from its market value or its book value, called intrinsic value, which is Fox Factory's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fox Factory's market value can be influenced by many factors that don't directly affect Fox Factory's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fox Factory's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fox Factory is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fox Factory's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.