Gentex Payables Turnover from 2010 to 2024

GNTX Stock  USD 29.88  0.38  1.29%   
Gentex Payables Turnover yearly trend continues to be fairly 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 Gentex pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
8.33294397
Current Value
15.25
Quarterly Volatility
2.25156185
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Gentex financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Gentex's main balance sheet or income statement drivers, such as Depreciation And Amortization of 98 M, Interest Expense of 116.3 M or Total Revenue of 2.4 B, as well as many indicators such as Price To Sales Ratio of 3.34, Dividend Yield of 0.0212 or PTB Ratio of 4.35. Gentex financial statements analysis is a perfect complement when working with Gentex Valuation or Volatility modules.
  
Check out the analysis of Gentex Correlation against competitors.
For more information on how to buy Gentex Stock please use our How to Invest in Gentex guide.

Latest Gentex's Payables Turnover Growth Pattern

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

Gentex Payables Turnover Regression Statistics

Arithmetic Mean12.15
Geometric Mean11.95
Coefficient Of Variation18.54
Mean Deviation1.62
Median12.24
Standard Deviation2.25
Sample Variance5.07
Range8.4898
R-Value(0.21)
Mean Square Error5.22
R-Squared0.04
Significance0.46
Slope(0.10)
Total Sum of Squares70.97

Gentex Payables Turnover History

2024 15.25
2023 8.33
2022 8.63
2021 11.3
2020 12.77
2019 12.0
2018 12.32

About Gentex Financial Statements

Gentex investors use historical fundamental indicators, such as Gentex'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 Gentex. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 8.33  15.25 

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Additional Tools for Gentex Stock Analysis

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