Southwest Payables Turnover from 2010 to 2024

LUV Stock  USD 32.36  0.40  1.25%   
Southwest Airlines 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 Southwest Airlines pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
82.52075472
Current Value
86.65
Quarterly Volatility
25.58317834
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Southwest Airlines financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Southwest Airlines' main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.6 B, Interest Expense of 247.8 M or Total Revenue of 27.4 B, as well as many indicators such as Price To Sales Ratio of 1.08, Dividend Yield of 0.0235 or PTB Ratio of 1.91. Southwest financial statements analysis is a perfect complement when working with Southwest Airlines Valuation or Volatility modules.
  
Check out the analysis of Southwest Airlines Correlation against competitors.
For more information on how to buy Southwest Stock please use our How to Invest in Southwest Airlines guide.

Latest Southwest Airlines' Payables Turnover Growth Pattern

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

Southwest Payables Turnover Regression Statistics

Arithmetic Mean32.23
Geometric Mean23.92
Coefficient Of Variation79.38
Mean Deviation19.52
Median26.91
Standard Deviation25.58
Sample Variance654.50
Range79.2082
R-Value0.58
Mean Square Error464.75
R-Squared0.34
Significance0.02
Slope3.34
Total Sum of Squares9,163

Southwest Payables Turnover History

2024 86.65
2023 82.52
2022 35.97
2021 9.11
2020 11.75
2019 10.45
2018 35.04

About Southwest Airlines Financial Statements

Southwest Airlines investors use historical fundamental indicators, such as Southwest Airlines' 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 Southwest Airlines. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 82.52  86.65 

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Additional Tools for Southwest Stock Analysis

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