SkyWest Payables Turnover from 2010 to 2024

SKYW Stock  USD 114.19  2.29  2.05%   
SkyWest Payables Turnover yearly trend continues to be fairly stable with very little volatility. Payables Turnover will likely drop to 5.18 in 2024. Payables Turnover is a liquidity ratio that shows how quickly SkyWest pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
5.45079755
Current Value
5.18
Quarterly Volatility
3.35519867
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check SkyWest financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SkyWest's main balance sheet or income statement drivers, such as Depreciation And Amortization of 402.3 M, Interest Expense of 137.5 M or Total Revenue of 1.8 B, as well as many indicators such as Price To Sales Ratio of 0.83, Dividend Yield of 0.0058 or PTB Ratio of 1.32. SkyWest financial statements analysis is a perfect complement when working with SkyWest Valuation or Volatility modules.
  
Check out the analysis of SkyWest Correlation against competitors.
For more information on how to buy SkyWest Stock please use our How to Invest in SkyWest guide.

Latest SkyWest's Payables Turnover Growth Pattern

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

SkyWest Payables Turnover Regression Statistics

Arithmetic Mean9.21
Geometric Mean8.65
Coefficient Of Variation36.41
Mean Deviation2.76
Median8.60
Standard Deviation3.36
Sample Variance11.26
Range10.1773
R-Value(0.96)
Mean Square Error1.00
R-Squared0.92
Slope(0.72)
Total Sum of Squares157.60

SkyWest Payables Turnover History

2024 5.18
2023 5.45
2022 5.94
2021 5.08
2020 7.68
2019 7.71
2018 7.45

About SkyWest Financial Statements

SkyWest investors use historical fundamental indicators, such as SkyWest'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 SkyWest. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 5.45  5.18 

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Additional Tools for SkyWest Stock Analysis

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