Staffing Payables Turnover from 2010 to 2024

STAF Stock  USD 2.48  0.09  3.77%   
Staffing 360's Payables Turnover is decreasing over the last several years with slightly volatile swings. Payables Turnover is predicted to flatten to 41.68. Payables Turnover is a liquidity ratio that shows how quickly Staffing 360 Solutions pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
43.87
Current Value
41.68
Quarterly Volatility
6.30168516
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Staffing 360 financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Staffing 360's main balance sheet or income statement drivers, such as Interest Expense of 4.3 M, Selling General Administrative of 24.5 M or Other Operating Expenses of 153.5 M, as well as many indicators such as Price To Sales Ratio of 0.0266, Dividend Yield of 0.0014 or PTB Ratio of 0.67. Staffing financial statements analysis is a perfect complement when working with Staffing 360 Valuation or Volatility modules.
  
Check out the analysis of Staffing 360 Correlation against competitors.

Latest Staffing 360's Payables Turnover Growth Pattern

Below is the plot of the Payables Turnover of Staffing 360 Solutions 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. Staffing 360's Payables Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Staffing 360'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  

Staffing Payables Turnover Regression Statistics

Arithmetic Mean56.65
Geometric Mean56.28
Coefficient Of Variation11.12
Mean Deviation4.75
Median59.62
Standard Deviation6.30
Sample Variance39.71
Range17.9428
R-Value(0.70)
Mean Square Error22.07
R-Squared0.48
Significance0
Slope(0.98)
Total Sum of Squares555.96

Staffing Payables Turnover History

2024 41.68
2023 43.87
2022 48.75

About Staffing 360 Financial Statements

Staffing 360 stakeholders use historical fundamental indicators, such as Staffing 360's Payables Turnover, to determine how well the company is positioned to perform in the future. Although Staffing 360 investors may analyze each financial statement separately, they are all interrelated. For example, changes in Staffing 360's assets and liabilities are reflected in the revenues and expenses on Staffing 360's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Staffing 360 Solutions. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 43.87  41.68 

Currently Active Assets on Macroaxis

When determining whether Staffing 360 Solutions is a strong investment it is important to analyze Staffing 360's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Staffing 360's future performance. For an informed investment choice regarding Staffing Stock, refer to the following important reports:
Check out the analysis of Staffing 360 Correlation against competitors.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Human Resource & Employment Services 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 Staffing 360. If investors know Staffing 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 Staffing 360 listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.94)
Earnings Share
(31.45)
Revenue Per Share
255.284
Quarterly Revenue Growth
(0.09)
Return On Assets
(0.11)
The market value of Staffing 360 Solutions is measured differently than its book value, which is the value of Staffing that is recorded on the company's balance sheet. Investors also form their own opinion of Staffing 360's value that differs from its market value or its book value, called intrinsic value, which is Staffing 360'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 Staffing 360's market value can be influenced by many factors that don't directly affect Staffing 360'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 Staffing 360's value and its price as these two are different measures arrived at by different means. Investors typically determine if Staffing 360 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Staffing 360'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.