LSI Payables Turnover from 2010 to 2024

LYTS Stock  USD 20.75  0.15  0.73%   
LSI Industries Payables Turnover yearly trend continues to be comparatively stable with very little volatility. Payables Turnover will likely drop to 10.06 in 2024. Payables Turnover is a liquidity ratio that shows how quickly LSI Industries pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
10.43619533
Current Value
10.06
Quarterly Volatility
3.6387264
 
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Check LSI Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among LSI Industries' main balance sheet or income statement drivers, such as Depreciation And Amortization of 6.2 M, Interest Expense of 2.3 M or Total Revenue of 256.1 M, as well as many indicators such as Price To Sales Ratio of 0.86, Dividend Yield of 0.0204 or PTB Ratio of 1.95. LSI financial statements analysis is a perfect complement when working with LSI Industries Valuation or Volatility modules.
  
Check out the analysis of LSI Industries Correlation against competitors.
For more information on how to buy LSI Stock please use our How to Invest in LSI Industries guide.

Latest LSI Industries' Payables Turnover Growth Pattern

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

LSI Payables Turnover Regression Statistics

Arithmetic Mean13.39
Geometric Mean12.88
Coefficient Of Variation27.17
Mean Deviation3.06
Median13.67
Standard Deviation3.64
Sample Variance13.24
Range10.9
R-Value(0.50)
Mean Square Error10.68
R-Squared0.25
Significance0.06
Slope(0.41)
Total Sum of Squares185.36

LSI Payables Turnover History

2024 10.06
2023 10.44
2022 12.33
2021 9.94
2020 7.18
2019 16.32
2018 13.67

About LSI Industries Financial Statements

LSI Industries shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although LSI Industries investors may analyze each financial statement separately, they are all interrelated. The changes in LSI Industries' assets and liabilities, for example, are also reflected in the revenues and expenses on on LSI Industries' 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 10.44  10.06 

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Additional Tools for LSI Stock Analysis

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