Runway Payables Turnover from 2010 to 2024

RWAY Stock  USD 10.31  0.11  1.06%   
Runway Growth Payables Turnover yearly trend continues to be fairly stable with very little volatility. Payables Turnover will likely drop to 5.02 in 2024. Payables Turnover is a liquidity ratio that shows how quickly Runway Growth Finance pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
5.28636901
Current Value
5.02
Quarterly Volatility
39.16490466
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Runway Growth financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Runway Growth's main balance sheet or income statement drivers, such as Interest Expense of 40.6 M, Other Operating Expenses of 55.4 M or Operating Income of 129.1 M, as well as many indicators such as Price To Sales Ratio of 3.33, Dividend Yield of 0.15 or PTB Ratio of 0.72. Runway financial statements analysis is a perfect complement when working with Runway Growth Valuation or Volatility modules.
  
Check out the analysis of Runway Growth Correlation against competitors.

Latest Runway Growth's Payables Turnover Growth Pattern

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

Runway Payables Turnover Regression Statistics

Arithmetic Mean48.85
Geometric Mean14.42
Coefficient Of Variation80.17
Mean Deviation37.05
Median79.72
Standard Deviation39.16
Sample Variance1,534
Range79.5375
R-Value(0.84)
Mean Square Error483.52
R-Squared0.71
Significance0.000086
Slope(7.37)
Total Sum of Squares21,474

Runway Payables Turnover History

2024 5.02
2023 5.29
2022 4.13
2021 0.44
2020 0.21
2019 0.19

About Runway Growth Financial Statements

Runway Growth investors use historical fundamental indicators, such as Runway Growth'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 Runway Growth. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 5.29  5.02 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Runway Stock Analysis

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