Hagerty Payables Turnover from 2010 to 2025

HGTY Stock  USD 10.08  0.01  0.1%   
Hagerty Payables Turnover yearly trend continues to be fairly stable with very little volatility. Payables Turnover is likely to outpace its year average in 2025. Payables Turnover is a liquidity ratio that shows how quickly Hagerty pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
4.52
Current Value
5.72
Quarterly Volatility
3.74512118
 
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Yuan Drop
 
Covid
Check Hagerty financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hagerty's main balance sheet or income statement drivers, such as Tax Provision of 18 M, Depreciation And Amortization of 55.3 M or Interest Expense of 27.6 M, as well as many indicators such as Price To Sales Ratio of 0.71, Dividend Yield of 0.0047 or PTB Ratio of 5.72. Hagerty financial statements analysis is a perfect complement when working with Hagerty Valuation or Volatility modules.
  
Check out the analysis of Hagerty Correlation against competitors.
For more information on how to buy Hagerty Stock please use our How to Invest in Hagerty guide.

Latest Hagerty's Payables Turnover Growth Pattern

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

Hagerty Payables Turnover Regression Statistics

Arithmetic Mean5.03
Geometric Mean4.48
Coefficient Of Variation74.45
Mean Deviation1.82
Median3.83
Standard Deviation3.75
Sample Variance14.03
Range15.159
R-Value0.30
Mean Square Error13.69
R-Squared0.09
Significance0.26
Slope0.23
Total Sum of Squares210.39

Hagerty Payables Turnover History

2025 5.72
2024 4.52
2023 5.02
2022 4.23
2021 18.92
2020 3.76

About Hagerty Financial Statements

Hagerty investors use historical fundamental indicators, such as Hagerty'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 Hagerty. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 4.52  5.72 

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Additional Tools for Hagerty Stock Analysis

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