Universal Payables Turnover from 2010 to 2024

UHS Stock  USD 199.21  1.27  0.64%   
Universal Health 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 Universal Health Services pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
21.34714988
Current Value
22.41
Quarterly Volatility
8.01875732
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Universal Health financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Universal Health's main balance sheet or income statement drivers, such as Depreciation And Amortization of 596.4 M, Interest Expense of 217.6 M or Total Revenue of 15 B, as well as many indicators such as Price To Sales Ratio of 0.57, Dividend Yield of 0.0065 or PTB Ratio of 1.55. Universal financial statements analysis is a perfect complement when working with Universal Health Valuation or Volatility modules.
  
Check out the analysis of Universal Health Correlation against competitors.

Latest Universal Health's Payables Turnover Growth Pattern

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

Universal Payables Turnover Regression Statistics

Arithmetic Mean7.22
Geometric Mean4.44
Coefficient Of Variation111.05
Mean Deviation6.79
Median2.66
Standard Deviation8.02
Sample Variance64.30
Range20.2441
R-Value0.09
Mean Square Error68.74
R-Squared0.01
Significance0.76
Slope0.15
Total Sum of Squares900.21

Universal Payables Turnover History

2024 22.41
2023 21.35
2022 2.32
2021 2.17
2020 2.26
2019 2.8
2018 2.62

About Universal Health Financial Statements

Universal Health shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although Universal Health investors may analyze each financial statement separately, they are all interrelated. The changes in Universal Health's assets and liabilities, for example, are also reflected in the revenues and expenses on on Universal Health'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 21.35  22.41 

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Additional Tools for Universal Stock Analysis

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