Tucows Payables Turnover from 2010 to 2024

TCX Stock  USD 16.16  0.11  0.68%   
Tucows Payables Turnover yearly trend continues to be fairly stable with very little volatility. Payables Turnover will likely drop to 19.93 in 2024. Payables Turnover is a liquidity ratio that shows how quickly Tucows Inc pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
21.51072894
Current Value
19.93
Quarterly Volatility
15.74472575
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Tucows financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tucows' main balance sheet or income statement drivers, such as Depreciation And Amortization of 49 M, Interest Expense of 44.3 M or Total Revenue of 356.3 M, as well as many indicators such as Price To Sales Ratio of 0.82, Dividend Yield of 0.0 or PTB Ratio of 31.19. Tucows financial statements analysis is a perfect complement when working with Tucows Valuation or Volatility modules.
  
Check out the analysis of Tucows Correlation against competitors.

Latest Tucows' Payables Turnover Growth Pattern

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

Tucows Payables Turnover Regression Statistics

Arithmetic Mean30.45
Geometric Mean21.41
Coefficient Of Variation51.71
Mean Deviation10.81
Median29.51
Standard Deviation15.74
Sample Variance247.90
Range70.0084
R-Value(0.36)
Mean Square Error232.27
R-Squared0.13
Significance0.19
Slope(1.27)
Total Sum of Squares3,471

Tucows Payables Turnover History

2024 19.93
2023 21.51
2022 14.15
2021 22.57
2020 35.66
2019 35.43
2018 29.51

About Tucows Financial Statements

Tucows investors use historical fundamental indicators, such as Tucows' 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 Tucows. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 21.51  19.93 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Tucows Stock Analysis

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