Ingevity Payables Turnover from 2010 to 2024

NGVT Stock  USD 47.51  2.70  5.38%   
Ingevity Corp Payables Turnover yearly trend continues to be comparatively 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 Ingevity 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
7.70328283
Current Value
8.68
Quarterly Volatility
1.2412151
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Ingevity Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ingevity Corp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 77.7 M, Interest Expense of 98 M or Total Revenue of 1.3 B, as well as many indicators such as Price To Sales Ratio of 1.52, Dividend Yield of 0.0 or PTB Ratio of 2.59. Ingevity financial statements analysis is a perfect complement when working with Ingevity Corp Valuation or Volatility modules.
  
Check out the analysis of Ingevity Corp Correlation against competitors.
For more information on how to buy Ingevity Stock please use our How to Invest in Ingevity Corp guide.

Latest Ingevity Corp's Payables Turnover Growth Pattern

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

Ingevity Payables Turnover Regression Statistics

Arithmetic Mean8.27
Geometric Mean8.18
Coefficient Of Variation15.02
Mean Deviation1.03
Median8.00
Standard Deviation1.24
Sample Variance1.54
Range4.3192
R-Value(0.60)
Mean Square Error1.05
R-Squared0.37
Significance0.02
Slope(0.17)
Total Sum of Squares21.57

Ingevity Payables Turnover History

2024 8.68
2023 7.7
2022 6.28
2021 6.98
2020 7.2
2019 8.18
2018 7.72

About Ingevity Corp Financial Statements

Ingevity Corp shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although Ingevity Corp investors may analyze each financial statement separately, they are all interrelated. The changes in Ingevity Corp's assets and liabilities, for example, are also reflected in the revenues and expenses on on Ingevity Corp's 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 7.70  8.68 

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Additional Tools for Ingevity Stock Analysis

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