Taitron Payables Turnover from 2010 to 2024

TAIT Stock  USD 2.67  0.10  3.89%   
Taitron Components 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 Taitron Components 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
13.71134021
Current Value
14.4
Quarterly Volatility
4.50869821
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Taitron Components financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Taitron Components' main balance sheet or income statement drivers, such as Depreciation And Amortization of 202 K, Interest Expense of 184.2 K or Total Revenue of 10.8 M, as well as many indicators such as Price To Sales Ratio of 3.64, Dividend Yield of 0.0435 or PTB Ratio of 1.26. Taitron financial statements analysis is a perfect complement when working with Taitron Components Valuation or Volatility modules.
  
Check out the analysis of Taitron Components Correlation against competitors.

Latest Taitron Components' Payables Turnover Growth Pattern

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

Taitron Payables Turnover Regression Statistics

Arithmetic Mean8.49
Geometric Mean7.43
Coefficient Of Variation53.10
Mean Deviation3.30
Median8.33
Standard Deviation4.51
Sample Variance20.33
Range16.6053
R-Value0.50
Mean Square Error16.42
R-Squared0.25
Significance0.06
Slope0.50
Total Sum of Squares284.60

Taitron Payables Turnover History

2024 14.4
2023 13.71
2022 19.1
2021 2.49
2020 8.33
2019 8.02
2018 4.74

About Taitron Components Financial Statements

Taitron Components shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although Taitron Components investors may analyze each financial statement separately, they are all interrelated. The changes in Taitron Components' assets and liabilities, for example, are also reflected in the revenues and expenses on on Taitron Components' 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 13.71  14.40 

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Additional Tools for Taitron Stock Analysis

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