Teleflex Payables Turnover from 2010 to 2024

TFX Stock  USD 190.64  3.21  1.71%   
Teleflex Incorporated Payables Turnover yearly trend continues to be fairly stable with very little volatility. Payables Turnover will likely drop to 8.30 in 2024. Payables Turnover is a liquidity ratio that shows how quickly Teleflex 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
10.03847346
Current Value
8.3
Quarterly Volatility
1.44910208
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Teleflex Incorporated financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Teleflex Incorporated's main balance sheet or income statement drivers, such as Depreciation And Amortization of 254.2 M, Total Revenue of 1.8 B or Gross Profit of 1.7 B, as well as many indicators such as Price To Sales Ratio of 4.14, Dividend Yield of 0.0052 or PTB Ratio of 2.05. Teleflex financial statements analysis is a perfect complement when working with Teleflex Incorporated Valuation or Volatility modules.
  
Check out the analysis of Teleflex Incorporated Correlation against competitors.
For more information on how to buy Teleflex Stock please use our How to Invest in Teleflex Incorporated guide.

Latest Teleflex Incorporated's Payables Turnover Growth Pattern

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

Teleflex Payables Turnover Regression Statistics

Arithmetic Mean11.11
Geometric Mean11.02
Coefficient Of Variation13.04
Mean Deviation1.17
Median10.68
Standard Deviation1.45
Sample Variance2.10
Range5.7001
R-Value(0.54)
Mean Square Error1.60
R-Squared0.29
Significance0.04
Slope(0.18)
Total Sum of Squares29.40

Teleflex Payables Turnover History

2024 8.3
2023 10.04
2022 9.94
2021 10.66
2020 11.82
2019 10.72
2018 9.97

About Teleflex Incorporated Financial Statements

Teleflex Incorporated investors use historical fundamental indicators, such as Teleflex Incorporated'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 Teleflex Incorporated. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 10.04  8.30 

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 Teleflex Stock Analysis

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