TransAct Payables Turnover from 2010 to 2024

TACT Stock  USD 4.25  0.09  2.16%   
TransAct Technologies Payables Turnover yearly trend continues to be comparatively 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 TransAct Technologies Incorporated pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
7.72534417
Current Value
10.64
Quarterly Volatility
2.86679719
 
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Covid
Check TransAct Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among TransAct Technologies' main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.3 M, Interest Expense of 325.5 K or Selling General Administrative of 10.1 M, as well as many indicators such as Price To Sales Ratio of 1.09, Dividend Yield of 0.0184 or PTB Ratio of 1.67. TransAct financial statements analysis is a perfect complement when working with TransAct Technologies Valuation or Volatility modules.
  
Check out the analysis of TransAct Technologies Correlation against competitors.

Latest TransAct Technologies' Payables Turnover Growth Pattern

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

TransAct Payables Turnover Regression Statistics

Arithmetic Mean8.97
Geometric Mean8.54
Coefficient Of Variation31.97
Mean Deviation2.43
Median7.99
Standard Deviation2.87
Sample Variance8.22
Range9.1335
R-Value(0.40)
Mean Square Error7.43
R-Squared0.16
Significance0.14
Slope(0.26)
Total Sum of Squares115.06

TransAct Payables Turnover History

2024 10.64
2023 7.73
2022 4.56
2021 5.6
2020 10.45
2019 8.04
2018 7.99

About TransAct Technologies Financial Statements

TransAct Technologies shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although TransAct Technologies investors may analyze each financial statement separately, they are all interrelated. The changes in TransAct Technologies' assets and liabilities, for example, are also reflected in the revenues and expenses on on TransAct Technologies' 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 7.73  10.64 

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Additional Tools for TransAct Stock Analysis

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