Rocky Payables Turnover from 2010 to 2024

RCKY Stock  USD 20.91  0.05  0.24%   
Rocky Brands Payables Turnover yearly trend continues to be fairly stable with very little volatility. Payables Turnover will likely drop to 5.40 in 2024. Payables Turnover is a liquidity ratio that shows how quickly Rocky Brands pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
5.68288523
Current Value
5.4
Quarterly Volatility
6.35667587
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Rocky Brands financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Rocky Brands' main balance sheet or income statement drivers, such as Depreciation And Amortization of 5.5 M, Interest Expense of 20.2 M or Total Revenue of 484.9 M, as well as many indicators such as Price To Sales Ratio of 0.53, Dividend Yield of 0.0267 or PTB Ratio of 1.29. Rocky financial statements analysis is a perfect complement when working with Rocky Brands Valuation or Volatility modules.
  
Check out the analysis of Rocky Brands Correlation against competitors.
For more information on how to buy Rocky Stock please use our How to Invest in Rocky Brands guide.

Latest Rocky Brands' Payables Turnover Growth Pattern

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

Rocky Payables Turnover Regression Statistics

Arithmetic Mean11.64
Geometric Mean9.97
Coefficient Of Variation54.60
Mean Deviation4.90
Median12.23
Standard Deviation6.36
Sample Variance40.41
Range23.8366
R-Value(0.63)
Mean Square Error26.00
R-Squared0.40
Significance0.01
Slope(0.90)
Total Sum of Squares565.70

Rocky Payables Turnover History

2024 5.4
2023 5.68
2022 5.6
2021 2.79
2020 8.59
2019 10.95
2018 12.23

About Rocky Brands Financial Statements

Rocky Brands investors use historical fundamental indicators, such as Rocky Brands' 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 Rocky Brands. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 5.68  5.40 

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Additional Tools for Rocky Stock Analysis

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