EPlus Payables Turnover from 2010 to 2024

PLUS Stock  USD 82.47  2.14  2.66%   
EPlus 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 ePlus inc pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
5.37112102
Current Value
7.28
Quarterly Volatility
2.73408429
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check EPlus financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among EPlus' main balance sheet or income statement drivers, such as Depreciation And Amortization of 13.4 M, Interest Expense of 4 M or Total Revenue of 2.3 B, as well as many indicators such as Price To Sales Ratio of 0.97, Dividend Yield of 1.0E-4 or PTB Ratio of 2.2. EPlus financial statements analysis is a perfect complement when working with EPlus Valuation or Volatility modules.
  
Check out the analysis of EPlus Correlation against competitors.

Latest EPlus' Payables Turnover Growth Pattern

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

EPlus Payables Turnover Regression Statistics

Arithmetic Mean10.48
Geometric Mean10.10
Coefficient Of Variation26.09
Mean Deviation2.31
Median12.01
Standard Deviation2.73
Sample Variance7.48
Range9.0672
R-Value(0.72)
Mean Square Error3.91
R-Squared0.51
Significance0
Slope(0.44)
Total Sum of Squares104.65

EPlus Payables Turnover History

2024 7.28
2023 5.37
2022 7.04
2021 9.99
2020 7.11
2019 14.44
2018 12.01

About EPlus Financial Statements

EPlus shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although EPlus investors may analyze each financial statement separately, they are all interrelated. The changes in EPlus' assets and liabilities, for example, are also reflected in the revenues and expenses on on EPlus' 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 5.37  7.28 

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Additional Tools for EPlus Stock Analysis

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