Sky Payables Turnover from 2010 to 2024

SKYH Stock  USD 11.32  0.09  0.79%   
Sky Harbour's Payables Turnover is decreasing with slightly volatile movements from year to year. Payables Turnover is predicted to flatten to 3.38. Payables Turnover is a liquidity ratio that shows how quickly Sky Harbour 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
3.56184012
Current Value
3.38
Quarterly Volatility
16.53080828
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Sky Harbour financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sky Harbour's main balance sheet or income statement drivers, such as Interest Expense of 514 K, Selling General Administrative of 15.9 M or Research Development of 157.4 K, as well as many indicators such as Price To Sales Ratio of 19.94, Dividend Yield of 0.0 or PTB Ratio of 2.41. Sky financial statements analysis is a perfect complement when working with Sky Harbour Valuation or Volatility modules.
  
Check out the analysis of Sky Harbour Correlation against competitors.

Latest Sky Harbour's Payables Turnover Growth Pattern

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

Sky Payables Turnover Regression Statistics

Arithmetic Mean29.35
Geometric Mean17.82
Coefficient Of Variation56.32
Mean Deviation14.11
Median38.97
Standard Deviation16.53
Sample Variance273.27
Range38.6125
R-Value(0.77)
Mean Square Error121.38
R-Squared0.59
Significance0.0009
Slope(2.83)
Total Sum of Squares3,826

Sky Payables Turnover History

2024 3.38
2023 3.56
2022 0.36
2021 4.29

About Sky Harbour Financial Statements

Investors use fundamental indicators, such as Sky Harbour's Payables Turnover, to determine how well the company is positioned to perform in the future. Although Sky Harbour's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Payables Turnover 3.56  3.38 

Currently Active Assets on Macroaxis

When determining whether Sky Harbour Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sky Harbour's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sky Harbour Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sky Harbour Group Stock:
Check out the analysis of Sky Harbour Correlation against competitors.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Is Independent Power and Renewable Electricity Producers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sky Harbour. If investors know Sky will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sky Harbour listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.90)
Revenue Per Share
0.523
Quarterly Revenue Growth
0.637
Return On Assets
(0.03)
Return On Equity
(0.54)
The market value of Sky Harbour Group is measured differently than its book value, which is the value of Sky that is recorded on the company's balance sheet. Investors also form their own opinion of Sky Harbour's value that differs from its market value or its book value, called intrinsic value, which is Sky Harbour's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sky Harbour's market value can be influenced by many factors that don't directly affect Sky Harbour's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sky Harbour's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sky Harbour is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sky Harbour's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.