Raytheon Payables Turnover from 2010 to 2024

RTX Stock  USD 120.77  0.24  0.20%   
Raytheon Technologies Payables Turnover yearly trend continues to be fairly 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 Raytheon Technologies Corp pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
5.31230136
Current Value
8.21
Quarterly Volatility
1.14909828
 
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Yuan Drop
 
Covid
Check Raytheon Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Raytheon Technologies' main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.4 B, Interest Expense of 1.6 B or Total Revenue of 44.9 B, as well as many indicators such as Price To Sales Ratio of 1.83, Dividend Yield of 0.0426 or PTB Ratio of 1.36. Raytheon financial statements analysis is a perfect complement when working with Raytheon Technologies Valuation or Volatility modules.
  
Check out the analysis of Raytheon Technologies Correlation against competitors.

Latest Raytheon Technologies' Payables Turnover Growth Pattern

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

Raytheon Payables Turnover Regression Statistics

Arithmetic Mean6.25
Geometric Mean6.16
Coefficient Of Variation18.37
Mean Deviation0.98
Median5.93
Standard Deviation1.15
Sample Variance1.32
Range3.6987
R-Value(0.28)
Mean Square Error1.31
R-Squared0.08
Significance0.32
Slope(0.07)
Total Sum of Squares18.49

Raytheon Payables Turnover History

2024 8.21
2023 5.31
2022 5.4
2021 5.93
2020 5.56
2019 7.3
2018 4.51

About Raytheon Technologies Financial Statements

Raytheon Technologies investors use historical fundamental indicators, such as Raytheon Technologies' 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 Raytheon Technologies. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 5.31  8.21 

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Additional Tools for Raytheon Stock Analysis

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