Hanesbrands Payables Turnover from 2010 to 2024

HBI Stock  USD 8.54  0.35  4.27%   
Hanesbrands' Payables Turnover is increasing with very volatile movements from year to year. Payables Turnover is estimated to finish at 8.92 this year. Payables Turnover is a liquidity ratio that shows how quickly Hanesbrands pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
5.03
Current Value
8.92
Quarterly Volatility
1.74661051
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Hanesbrands financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hanesbrands' main balance sheet or income statement drivers, such as Interest Expense of 149.6 M, Total Revenue of 5.8 B or Gross Profit of 2 B, as well as many indicators such as Price To Sales Ratio of 0.62, Dividend Yield of 0.0889 or PTB Ratio of 5.06. Hanesbrands financial statements analysis is a perfect complement when working with Hanesbrands Valuation or Volatility modules.
  
Check out the analysis of Hanesbrands Correlation against competitors.
For more detail on how to invest in Hanesbrands Stock please use our How to Invest in Hanesbrands guide.

Latest Hanesbrands' Payables Turnover Growth Pattern

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

Hanesbrands Payables Turnover Regression Statistics

Arithmetic Mean4.53
Geometric Mean4.28
Coefficient Of Variation38.58
Mean Deviation1.35
Median3.42
Standard Deviation1.75
Sample Variance3.05
Range5.5043
R-Value0.05
Mean Square Error3.28
R-Squared0
Significance0.86
Slope0.02
Total Sum of Squares42.71

Hanesbrands Payables Turnover History

2024 8.92
2023 5.03
2022 4.37
2016 4.93
2012 3.42
2011 6.86
2010 7.06

About Hanesbrands Financial Statements

Investors use fundamental indicators, such as Hanesbrands' Payables Turnover, to determine how well the company is positioned to perform in the future. Although Hanesbrands' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Payables Turnover 5.03  8.92 

Currently Active Assets on Macroaxis

When determining whether Hanesbrands offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hanesbrands' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Hanesbrands Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hanesbrands Stock:
Check out the analysis of Hanesbrands Correlation against competitors.
For more detail on how to invest in Hanesbrands Stock please use our How to Invest in Hanesbrands guide.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Is Apparel, Accessories & Luxury Goods 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 Hanesbrands. If investors know Hanesbrands 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 Hanesbrands 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
(0.47)
Earnings Share
(0.24)
Revenue Per Share
15.548
Quarterly Revenue Growth
(0.03)
Return On Assets
0.0539
The market value of Hanesbrands is measured differently than its book value, which is the value of Hanesbrands that is recorded on the company's balance sheet. Investors also form their own opinion of Hanesbrands' value that differs from its market value or its book value, called intrinsic value, which is Hanesbrands' 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 Hanesbrands' market value can be influenced by many factors that don't directly affect Hanesbrands' 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 Hanesbrands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hanesbrands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hanesbrands' 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.