Tanger Payables Turnover from 2010 to 2024

SKT Stock  USD 36.67  0.24  0.66%   
Tanger Factory Payables Turnover yearly trend continues to be comparatively 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 Tanger Factory Outlet pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
1.2281929
Current Value
2.45
Quarterly Volatility
0.47713795
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Tanger Factory financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tanger Factory's main balance sheet or income statement drivers, such as Depreciation And Amortization of 88.7 M, Interest Expense of 33.9 M or Selling General Administrative of 79.9 M, as well as many indicators such as Price To Sales Ratio of 3.62, Dividend Yield of 0.0688 or PTB Ratio of 2.9. Tanger financial statements analysis is a perfect complement when working with Tanger Factory Valuation or Volatility modules.
  
Check out the analysis of Tanger Factory Correlation against competitors.

Latest Tanger Factory's Payables Turnover Growth Pattern

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

Tanger Payables Turnover Regression Statistics

Arithmetic Mean1.91
Geometric Mean1.86
Coefficient Of Variation25.03
Mean Deviation0.34
Median1.95
Standard Deviation0.48
Sample Variance0.23
Range1.8954
R-Value(0.54)
Mean Square Error0.17
R-Squared0.29
Significance0.04
Slope(0.06)
Total Sum of Squares3.19

Tanger Payables Turnover History

2024 2.45
2023 1.23
2022 1.37
2021 1.51
2020 1.55
2018 1.94
2017 1.72

About Tanger Factory Financial Statements

Tanger Factory shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although Tanger Factory investors may analyze each financial statement separately, they are all interrelated. The changes in Tanger Factory's assets and liabilities, for example, are also reflected in the revenues and expenses on on Tanger Factory's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Payables Turnover 1.23  2.45 

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Additional Tools for Tanger Stock Analysis

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