Splash Payables Turnover from 2010 to 2024

SBEV Stock  USD 0.21  0.01  5.00%   
Splash Beverage Payables Turnover yearly trend continues to be fairly stable with very little volatility. Payables Turnover will likely drop to 3.38 in 2024. Payables Turnover is a liquidity ratio that shows how quickly Splash Beverage Group pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
4.37746513
Current Value
3.38
Quarterly Volatility
1.52892772
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Splash Beverage financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Splash Beverage's main balance sheet or income statement drivers, such as Interest Expense of 6 M, Selling General Administrative of 17.8 M or Total Revenue of 19.8 M, as well as many indicators such as Price To Sales Ratio of 1.18, Dividend Yield of 0.0 or Days Sales Outstanding of 20.68. Splash financial statements analysis is a perfect complement when working with Splash Beverage Valuation or Volatility modules.
  
Check out the analysis of Splash Beverage Correlation against competitors.

Latest Splash Beverage's Payables Turnover Growth Pattern

Below is the plot of the Payables Turnover of Splash Beverage Group 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. Splash Beverage's Payables Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Splash Beverage'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  

Splash Payables Turnover Regression Statistics

Arithmetic Mean3.58
Geometric Mean3.23
Coefficient Of Variation42.76
Mean Deviation1.26
Median3.59
Standard Deviation1.53
Sample Variance2.34
Range4.0511
R-Value(0.47)
Mean Square Error1.96
R-Squared0.22
Significance0.08
Slope(0.16)
Total Sum of Squares32.73

Splash Payables Turnover History

2024 3.38
2023 4.38
2022 3.6
2021 4.56
2020 1.48
2019 1.44
2018 1.83

About Splash Beverage Financial Statements

Splash Beverage investors use historical fundamental indicators, such as Splash Beverage'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 Splash Beverage. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 4.38  3.38 

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Additional Tools for Splash Stock Analysis

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