Harte Payables Turnover from 2010 to 2024

HHS Stock  USD 5.91  0.03  0.51%   
Harte Hanks Payables Turnover yearly trend continues to be comparatively 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 Harte Hanks pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
6.94377805
Current Value
8.22
Quarterly Volatility
3.81494492
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Harte Hanks financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Harte Hanks' main balance sheet or income statement drivers, such as Depreciation And Amortization of 4 M, Total Revenue of 181.9 M or Gross Profit of 29 M, as well as many indicators such as Price To Sales Ratio of 0.25, Dividend Yield of 0.0538 or PTB Ratio of 3.48. Harte financial statements analysis is a perfect complement when working with Harte Hanks Valuation or Volatility modules.
  
Check out the analysis of Harte Hanks Correlation against competitors.
For more information on how to buy Harte Stock please use our How to Invest in Harte Hanks guide.

Latest Harte Hanks' Payables Turnover Growth Pattern

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

Harte Payables Turnover Regression Statistics

Arithmetic Mean5.45
Geometric Mean4.69
Coefficient Of Variation69.98
Mean Deviation2.57
Median4.40
Standard Deviation3.81
Sample Variance14.55
Range15.0351
R-Value(0.39)
Mean Square Error13.29
R-Squared0.15
Significance0.15
Slope(0.33)
Total Sum of Squares203.75

Harte Payables Turnover History

2024 8.22
2023 6.94
2022 2.92
2021 3.12
2020 3.03
2019 4.49
2018 3.23

About Harte Hanks Financial Statements

Harte Hanks shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although Harte Hanks investors may analyze each financial statement separately, they are all interrelated. The changes in Harte Hanks' assets and liabilities, for example, are also reflected in the revenues and expenses on on Harte Hanks' 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 6.94  8.22 

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Additional Tools for Harte Stock Analysis

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