Universal Payables Turnover from 2010 to 2024

UVV Stock  USD 55.68  0.79  1.44%   
Universal Payables Turnover yearly trend continues to be fairly stable with very little volatility. Payables Turnover will likely drop to 14.89 in 2024. Payables Turnover is a liquidity ratio that shows how quickly Universal pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
20.12243992
Current Value
14.89
Quarterly Volatility
4.44575344
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Universal financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Universal's main balance sheet or income statement drivers, such as Depreciation And Amortization of 40.3 M, Interest Expense of 69.6 M or Total Revenue of 2.1 B, as well as many indicators such as Price To Sales Ratio of 0.34, Dividend Yield of 0.0358 or PTB Ratio of 1.57. Universal financial statements analysis is a perfect complement when working with Universal Valuation or Volatility modules.
  
Check out the analysis of Universal Correlation against competitors.
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Latest Universal's Payables Turnover Growth Pattern

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

Universal Payables Turnover Regression Statistics

Arithmetic Mean12.95
Geometric Mean12.35
Coefficient Of Variation34.33
Mean Deviation3.35
Median11.35
Standard Deviation4.45
Sample Variance19.76
Range15.0358
R-Value0.66
Mean Square Error12.15
R-Squared0.43
Significance0.01
Slope0.65
Total Sum of Squares276.71

Universal Payables Turnover History

2024 14.89
2023 20.12
2022 23.71
2021 10.06
2020 11.35
2019 17.8
2018 12.5

About Universal Financial Statements

Universal investors use historical fundamental indicators, such as Universal'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 Universal. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 20.12  14.89 

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Additional Tools for Universal Stock Analysis

When running Universal's price analysis, check to measure Universal'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 is operating at the current time. Most of Universal's value examination focuses on studying past and present price action to predict the probability of Universal'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's price. Additionally, you may evaluate how the addition of Universal to your portfolios can decrease your overall portfolio volatility.