Remitly Payables Turnover from 2010 to 2025

RELY Stock  USD 23.50  0.23  0.97%   
Remitly Global Payables Turnover yearly trend continues to be fairly stable with very little volatility. Payables Turnover will likely drop to 10.04 in 2025. Payables Turnover is a liquidity ratio that shows how quickly Remitly Global pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
10.57
Current Value
10.04
Quarterly Volatility
124.18401411
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Remitly Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Remitly Global's main balance sheet or income statement drivers, such as Depreciation And Amortization of 14.3 M, Interest Expense of 2 M or Total Revenue of 558.5 M, as well as many indicators such as Price To Sales Ratio of 4.06, Dividend Yield of 0.0 or PTB Ratio of 7.25. Remitly financial statements analysis is a perfect complement when working with Remitly Global Valuation or Volatility modules.
  
Check out the analysis of Remitly Global Correlation against competitors.
For more information on how to buy Remitly Stock please use our How to Invest in Remitly Global guide.

Latest Remitly Global's Payables Turnover Growth Pattern

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

Remitly Payables Turnover Regression Statistics

Arithmetic Mean68.34
Geometric Mean17.28
Coefficient Of Variation181.73
Mean Deviation89.59
Median10.61
Standard Deviation124.18
Sample Variance15,422
Range361
R-Value0.20
Mean Square Error15,887
R-Squared0.04
Significance0.47
Slope5.12
Total Sum of Squares231,325

Remitly Payables Turnover History

2025 10.04
2024 10.57
2023 11.74
2022 48.12
2021 195.98
2020 31.92

About Remitly Global Financial Statements

Remitly Global investors use historical fundamental indicators, such as Remitly Global'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 Remitly Global. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 10.57  10.04 

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Additional Tools for Remitly Stock Analysis

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