InnovAge Payables Turnover from 2010 to 2024

INNV Stock  USD 4.77  0.02  0.42%   
InnovAge Holding 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 InnovAge Holding Corp pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
11.39203736
Current Value
14.03
Quarterly Volatility
1.17439697
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check InnovAge Holding financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among InnovAge Holding's main balance sheet or income statement drivers, such as Interest Expense of 5.4 M, Selling General Administrative of 65.7 M or Total Revenue of 422 M, as well as many indicators such as Price To Sales Ratio of 0.85, Dividend Yield of 0.0036 or PTB Ratio of 2.42. InnovAge financial statements analysis is a perfect complement when working with InnovAge Holding Valuation or Volatility modules.
  
Check out the analysis of InnovAge Holding Correlation against competitors.

Latest InnovAge Holding's Payables Turnover Growth Pattern

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

InnovAge Payables Turnover Regression Statistics

Arithmetic Mean12.27
Geometric Mean12.22
Coefficient Of Variation9.57
Mean Deviation0.96
Median11.70
Standard Deviation1.17
Sample Variance1.38
Range3.6092
R-Value0.46
Mean Square Error1.17
R-Squared0.21
Significance0.09
Slope0.12
Total Sum of Squares19.31

InnovAge Payables Turnover History

2024 14.03
2023 11.39
2022 13.17
2021 11.14
2020 14.33
2019 14.75

About InnovAge Holding Financial Statements

InnovAge Holding investors use historical fundamental indicators, such as InnovAge Holding'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 InnovAge Holding. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 11.39  14.03 

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Additional Tools for InnovAge Stock Analysis

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