Skechers Days Payables Outstanding from 2010 to 2024

SKX Stock  USD 61.69  0.68  1.11%   
Skechers USA Days Payables Outstanding yearly trend continues to be fairly stable with very little volatility. Days Payables Outstanding will likely drop to 63.02 in 2024. During the period from 2010 to 2024, Skechers USA Days Payables Outstanding regression line of annual values had r-squared of  0.06 and arithmetic mean of  89.86. View All Fundamentals
 
Days Payables Outstanding  
First Reported
2010-12-31
Previous Quarter
91.29847963
Current Value
63.02
Quarterly Volatility
15.37745737
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Skechers USA financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Skechers USA's main balance sheet or income statement drivers, such as Depreciation And Amortization of 191 M, Total Revenue of 8.4 B or Gross Profit of 4.2 B, as well as many indicators such as Price To Sales Ratio of 0.66, Dividend Yield of 0.27 or PTB Ratio of 2.6. Skechers financial statements analysis is a perfect complement when working with Skechers USA Valuation or Volatility modules.
  
Check out the analysis of Skechers USA Correlation against competitors.
For more information on how to buy Skechers Stock please use our How to Invest in Skechers USA guide.

Latest Skechers USA's Days Payables Outstanding Growth Pattern

Below is the plot of the Days Payables Outstanding of Skechers USA over the last few years. It is Skechers USA's Days Payables Outstanding historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Skechers USA's overall financial position and show how it may be relating to other accounts over time.
Days Payables Outstanding10 Years Trend
Pretty Stable
   Days Payables Outstanding   
       Timeline  

Skechers Days Payables Outstanding Regression Statistics

Arithmetic Mean89.86
Geometric Mean88.50
Coefficient Of Variation17.11
Mean Deviation11.98
Median91.71
Standard Deviation15.38
Sample Variance236.47
Range49.783
R-Value0.24
Mean Square Error239.98
R-Squared0.06
Significance0.39
Slope0.83
Total Sum of Squares3,311

Skechers Days Payables Outstanding History

2024 63.02
2023 91.3
2022 88.94
2021 100.4
2020 112.8
2019 102.3
2018 102.56

About Skechers USA Financial Statements

Skechers USA investors use historical fundamental indicators, such as Skechers USA's Days Payables Outstanding, 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 Skechers USA. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Payables Outstanding 91.30  63.02 

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Additional Tools for Skechers Stock Analysis

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