Illinois Payables Turnover from 2010 to 2024

ITW Stock  USD 273.95  4.10  1.52%   
Illinois Tool Payables Turnover yearly trend continues to be fairly stable with very little volatility. Payables Turnover will likely drop to 11.10 in 2024. Payables Turnover is a liquidity ratio that shows how quickly Illinois Tool Works pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
16.03442341
Current Value
11.1
Quarterly Volatility
2.08123848
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Illinois Tool financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Illinois Tool's main balance sheet or income statement drivers, such as Depreciation And Amortization of 281.8 M, Interest Expense of 279.3 M or Total Revenue of 10.8 B, as well as many indicators such as Price To Sales Ratio of 5.17, Dividend Yield of 0.0135 or PTB Ratio of 27.63. Illinois financial statements analysis is a perfect complement when working with Illinois Tool Valuation or Volatility modules.
  
Check out the analysis of Illinois Tool Correlation against competitors.

Latest Illinois Tool's Payables Turnover Growth Pattern

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

Illinois Payables Turnover Regression Statistics

Arithmetic Mean15.15
Geometric Mean15.00
Coefficient Of Variation13.74
Mean Deviation1.70
Median15.87
Standard Deviation2.08
Sample Variance4.33
Range6.4679
R-Value(0.10)
Mean Square Error4.62
R-Squared0.01
Significance0.72
Slope(0.05)
Total Sum of Squares60.64

Illinois Payables Turnover History

2024 11.1
2023 16.03
2022 15.87
2021 14.51
2020 13.81
2019 17.35
2018 16.42

About Illinois Tool Financial Statements

Illinois Tool investors use historical fundamental indicators, such as Illinois Tool'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 Illinois Tool. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 16.03  11.10 

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Additional Tools for Illinois Stock Analysis

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