UDR Payables Turnover from 2010 to 2024

UDR Stock  USD 45.57  0.48  1.06%   
UDR Payables Turnover yearly trend continues to be relatively stable with very little volatility. Payables Turnover is likely to grow to 4.36 this year. Payables Turnover is a liquidity ratio that shows how quickly UDR 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
4.17411162
Current Value
4.36
Quarterly Volatility
2.49792678
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check UDR financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among UDR's main balance sheet or income statement drivers, such as Total Revenue of 1.7 B, Gross Profit of 1.1 B or Other Operating Expenses of 1.1 B, as well as many indicators such as Price To Sales Ratio of 5.2, Dividend Yield of 0.0623 or PTB Ratio of 1.81. UDR financial statements analysis is a perfect complement when working with UDR Valuation or Volatility modules.
  
Check out the analysis of UDR Correlation against competitors.

Latest UDR's Payables Turnover Growth Pattern

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

UDR Payables Turnover Regression Statistics

Arithmetic Mean6.46
Geometric Mean5.86
Coefficient Of Variation38.67
Mean Deviation2.04
Median6.94
Standard Deviation2.50
Sample Variance6.24
Range8.3005
R-Value0.40
Mean Square Error5.66
R-Squared0.16
Significance0.14
Slope0.22
Total Sum of Squares87.35

UDR Payables Turnover History

2024 4.36
2023 4.17
2022 7.74
2021 7.76
2020 9.25
2019 9.59
2018 9.96

About UDR Financial Statements

UDR shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although UDR investors may analyze each financial statement separately, they are all interrelated. The changes in UDR's assets and liabilities, for example, are also reflected in the revenues and expenses on on UDR's 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 4.17  4.36 

Pair Trading with UDR

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if UDR position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in UDR will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to UDR could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace UDR when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back UDR - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling UDR Inc to buy it.
The correlation of UDR is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as UDR moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if UDR Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for UDR can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for UDR Stock Analysis

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