Manitex Payables Turnover from 2010 to 2024

MNTX Stock  USD 5.73  0.01  0.17%   
Manitex International 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 Manitex International pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
4.807258
Current Value
6.46
Quarterly Volatility
1.71069604
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Manitex International financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Manitex International's main balance sheet or income statement drivers, such as Interest Expense of 4.3 M, Selling General Administrative of 25.9 M or Total Revenue of 179.5 M, as well as many indicators such as Price To Sales Ratio of 0.73, Dividend Yield of 0.0 or PTB Ratio of 2.66. Manitex financial statements analysis is a perfect complement when working with Manitex International Valuation or Volatility modules.
  
Check out the analysis of Manitex International Correlation against competitors.
For more information on how to buy Manitex Stock please use our How to Invest in Manitex International guide.

Latest Manitex International's Payables Turnover Growth Pattern

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

Manitex Payables Turnover Regression Statistics

Arithmetic Mean5.60
Geometric Mean5.20
Coefficient Of Variation30.55
Mean Deviation1.30
Median6.14
Standard Deviation1.71
Sample Variance2.93
Range6.8013
R-Value(0.05)
Mean Square Error3.14
R-Squared0
Significance0.85
Slope(0.02)
Total Sum of Squares40.97

Manitex Payables Turnover History

2024 6.46
2023 4.81
2022 4.9
2021 4.05
2020 4.21
2019 6.23
2018 5.37

About Manitex International Financial Statements

Manitex International investors use historical fundamental indicators, such as Manitex International'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 Manitex International. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 4.81  6.46 

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Additional Tools for Manitex Stock Analysis

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