Omega Payables Turnover from 2010 to 2025

OFLX Stock  USD 37.92  0.55  1.43%   
Omega Flex Payables Turnover yearly trend continues to be fairly stable with very little volatility. Payables Turnover will likely drop to 21.01 in 2025. Payables Turnover is a liquidity ratio that shows how quickly Omega Flex pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
23.72
Current Value
21.01
Quarterly Volatility
4.06896905
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Omega Flex financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Omega Flex's main balance sheet or income statement drivers, such as Interest Expense of 103.2 K, Total Revenue of 85.2 M or Gross Profit of 51.3 M, as well as many indicators such as Price To Sales Ratio of 3.84, Dividend Yield of 0.034 or PTB Ratio of 8.52. Omega financial statements analysis is a perfect complement when working with Omega Flex Valuation or Volatility modules.
  
Check out the analysis of Omega Flex Correlation against competitors.
For more information on how to buy Omega Stock please use our How to Invest in Omega Flex guide.

Latest Omega Flex's Payables Turnover Growth Pattern

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

Omega Payables Turnover Regression Statistics

Arithmetic Mean17.43
Geometric Mean17.00
Coefficient Of Variation23.35
Mean Deviation3.38
Median15.88
Standard Deviation4.07
Sample Variance16.56
Range14.6246
R-Value0.37
Mean Square Error15.34
R-Squared0.14
Significance0.16
Slope0.31
Total Sum of Squares248.35

Omega Payables Turnover History

2025 21.01
2024 23.72
2023 20.62
2022 20.6
2021 14.45
2020 15.88
2019 17.15

About Omega Flex Financial Statements

Omega Flex investors use historical fundamental indicators, such as Omega Flex'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 Omega Flex. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 23.72  21.01 

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Additional Tools for Omega Stock Analysis

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