Skywater Payables Turnover from 2010 to 2024

SKYT Stock  USD 8.19  0.41  4.77%   
Skywater Technology Payables Turnover yearly trend continues to be comparatively stable with very little volatility. Payables Turnover will likely drop to 9.27 in 2024. Payables Turnover is a liquidity ratio that shows how quickly Skywater Technology pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
11.59324972
Current Value
9.27
Quarterly Volatility
0.91645064
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Skywater Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Skywater Technology's main balance sheet or income statement drivers, such as Interest Expense of 5.8 M, Tax Provision of 821.1 K or Depreciation And Amortization of 20.3 M, as well as many indicators such as Price To Sales Ratio of 1.45, Dividend Yield of 0.0033 or PTB Ratio of 8.55. Skywater financial statements analysis is a perfect complement when working with Skywater Technology Valuation or Volatility modules.
  
Check out the analysis of Skywater Technology Correlation against competitors.
For more information on how to buy Skywater Stock please use our How to Invest in Skywater Technology guide.

Latest Skywater Technology's Payables Turnover Growth Pattern

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

Skywater Payables Turnover Regression Statistics

Arithmetic Mean9.02
Geometric Mean8.97
Coefficient Of Variation10.17
Mean Deviation0.49
Median8.86
Standard Deviation0.92
Sample Variance0.84
Range4.5812
R-Value0.28
Mean Square Error0.84
R-Squared0.08
Significance0.32
Slope0.06
Total Sum of Squares11.76

Skywater Payables Turnover History

2024 9.27
2023 11.59
2020 7.01
2019 9.89

About Skywater Technology Financial Statements

Skywater Technology shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although Skywater Technology investors may analyze each financial statement separately, they are all interrelated. The changes in Skywater Technology's assets and liabilities, for example, are also reflected in the revenues and expenses on on Skywater Technology'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 11.59  9.27 

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Additional Tools for Skywater Stock Analysis

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