Trex Payables Turnover from 2010 to 2024

TREX Stock  USD 77.10  4.85  6.71%   
Trex Payables Turnover yearly trend continues to be fairly 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 Trex Company pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
26.80924759
Current Value
28.15
Quarterly Volatility
8.17289625
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Trex financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Trex's main balance sheet or income statement drivers, such as Depreciation And Amortization of 52.7 M, Interest Expense of 4.8 K or Selling General Administrative of 67 M, as well as many indicators such as Price To Sales Ratio of 8.63, Dividend Yield of 0.0459 or PTB Ratio of 6.33. Trex financial statements analysis is a perfect complement when working with Trex Valuation or Volatility modules.
  
Check out the analysis of Trex Correlation against competitors.

Latest Trex's Payables Turnover Growth Pattern

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

Trex Payables Turnover Regression Statistics

Arithmetic Mean21.83
Geometric Mean20.36
Coefficient Of Variation37.43
Mean Deviation7.37
Median19.96
Standard Deviation8.17
Sample Variance66.80
Range24.0172
R-Value0.62
Mean Square Error43.90
R-Squared0.39
Significance0.01
Slope1.14
Total Sum of Squares935.15

Trex Payables Turnover History

2024 28.15
2023 26.81
2022 35.22
2021 29.62
2020 13.5
2019 28.82
2018 12.53

About Trex Financial Statements

Trex investors use historical fundamental indicators, such as Trex'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 Trex. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 26.81  28.15 

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Additional Tools for Trex Stock Analysis

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