Hims Payables Turnover from 2010 to 2024

HIMS Stock  USD 31.35  6.02  23.77%   
Hims Hers Payables Turnover yearly trend continues to be comparatively stable with very little volatility. Payables Turnover will likely drop to 2.97 in 2024. Payables Turnover is a liquidity ratio that shows how quickly Hims Hers Health pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
3.64641282
Current Value
2.97
Quarterly Volatility
1.39861172
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Hims Hers financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hims Hers' main balance sheet or income statement drivers, such as Interest Expense of 3.6 M, Income Tax Expense of 2.1 M or Tax Provision of 2.1 M, as well as many indicators such as Price To Sales Ratio of 2.03, Dividend Yield of 0.0027 or PTB Ratio of 6.75. Hims financial statements analysis is a perfect complement when working with Hims Hers Valuation or Volatility modules.
  
Check out the analysis of Hims Hers Correlation against competitors.

Latest Hims Hers' Payables Turnover Growth Pattern

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

Hims Payables Turnover Regression Statistics

Arithmetic Mean2.44
Geometric Mean2.12
Coefficient Of Variation57.34
Mean Deviation1.22
Median1.42
Standard Deviation1.40
Sample Variance1.96
Range3.83
R-Value0.70
Mean Square Error1.07
R-Squared0.49
Significance0
Slope0.22
Total Sum of Squares27.39

Hims Payables Turnover History

2024 2.97
2022 3.65
2021 3.43
2020 4.87
2019 5.25

About Hims Hers Financial Statements

Hims Hers shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although Hims Hers investors may analyze each financial statement separately, they are all interrelated. The changes in Hims Hers' assets and liabilities, for example, are also reflected in the revenues and expenses on on Hims Hers' 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 3.65  2.97 

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Additional Tools for Hims Stock Analysis

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