Sony Payables Turnover from 2010 to 2024

SONY Stock  USD 19.07  0.11  0.57%   
Sony Group Payables Turnover yearly trend continues to be fairly 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 Sony Group Corp pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
4.69546396
Current Value
5.2
Quarterly Volatility
1.71207554
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Sony Group financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sony Group's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.2 T, Interest Expense of 38.9 B or Selling General Administrative of 1.4 T, as well as many indicators such as Price To Sales Ratio of 0.14, Dividend Yield of 0.0058 or PTB Ratio of 0.33. Sony financial statements analysis is a perfect complement when working with Sony Group Valuation or Volatility modules.
  
Check out the analysis of Sony Group Correlation against competitors.

Latest Sony Group's Payables Turnover Growth Pattern

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

Sony Payables Turnover Regression Statistics

Arithmetic Mean4.13
Geometric Mean3.89
Coefficient Of Variation41.50
Mean Deviation1.18
Median3.17
Standard Deviation1.71
Sample Variance2.93
Range6.4702
R-Value(0.09)
Mean Square Error3.13
R-Squared0.01
Significance0.74
Slope(0.04)
Total Sum of Squares41.04

Sony Payables Turnover History

2024 5.2
2023 4.7
2022 4.5
2021 3.92
2020 4.11
2019 2.95
2018 2.87

About Sony Group Financial Statements

Sony Group investors use historical fundamental indicators, such as Sony Group'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 Sony Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 4.70  5.20 

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Additional Tools for Sony Stock Analysis

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