Harmony Payables Turnover from 2010 to 2024

HMY Stock  USD 9.20  0.43  4.47%   
Harmony Gold 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 Harmony Gold Mining pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
41.50527241
Current Value
43.58
Quarterly Volatility
10.05255558
 
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Yuan Drop
 
Covid
Check Harmony Gold financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Harmony Gold's main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.9 B, Interest Expense of 835.8 M or Total Revenue of 64.4 B, as well as many indicators such as Price To Sales Ratio of 0.0886, Dividend Yield of 0.26 or PTB Ratio of 0.15. Harmony financial statements analysis is a perfect complement when working with Harmony Gold Valuation or Volatility modules.
  
Check out the analysis of Harmony Gold Correlation against competitors.

Latest Harmony Gold's Payables Turnover Growth Pattern

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

Harmony Payables Turnover Regression Statistics

Arithmetic Mean35.47
Geometric Mean32.43
Coefficient Of Variation28.34
Mean Deviation6.53
Median36.70
Standard Deviation10.05
Sample Variance101.05
Range41.3318
R-Value0.32
Mean Square Error97.51
R-Squared0.10
Significance0.24
Slope0.72
Total Sum of Squares1,415

Harmony Payables Turnover History

2024 43.58
2023 41.51
2022 32.81
2021 33.12
2020 28.1
2019 36.7
2018 37.88

About Harmony Gold Financial Statements

Harmony Gold investors use historical fundamental indicators, such as Harmony Gold'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 Harmony Gold. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 41.51  43.58 

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Additional Tools for Harmony Stock Analysis

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