Optex Payables Turnover from 2010 to 2024

OPXS Stock  USD 8.90  0.07  0.78%   
Optex Systems 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 Optex Systems Holdings, pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
9.97802198
Current Value
15.01
Quarterly Volatility
6.2201416
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Optex Systems financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Optex Systems' main balance sheet or income statement drivers, such as Gross Profit of 8 M, Other Operating Expenses of 19.6 M or Operating Income of 3.4 M, as well as many indicators such as Price To Sales Ratio of 0.41, Dividend Yield of 0.035 or Days Sales Outstanding of 39.44. Optex financial statements analysis is a perfect complement when working with Optex Systems Valuation or Volatility modules.
  
Check out the analysis of Optex Systems Correlation against competitors.

Latest Optex Systems' Payables Turnover Growth Pattern

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

Optex Payables Turnover Regression Statistics

Arithmetic Mean16.25
Geometric Mean15.19
Coefficient Of Variation38.27
Mean Deviation5.80
Median11.11
Standard Deviation6.22
Sample Variance38.69
Range13.5282
R-Value0.53
Mean Square Error29.96
R-Squared0.28
Significance0.04
Slope0.74
Total Sum of Squares541.66

Optex Payables Turnover History

2024 15.01
2023 9.98
2017 23.51

About Optex Systems Financial Statements

Optex Systems shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although Optex Systems investors may analyze each financial statement separately, they are all interrelated. The changes in Optex Systems' assets and liabilities, for example, are also reflected in the revenues and expenses on on Optex Systems' 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 9.98  15.01 

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Additional Tools for Optex Stock Analysis

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