Weyco Payables Turnover from 2010 to 2024

WEYS Stock  USD 37.31  0.86  2.36%   
Weyco Payables Turnover yearly trend continues to be comparatively stable with very little volatility. Payables Turnover will likely drop to 11.42 in 2024. Payables Turnover is a liquidity ratio that shows how quickly Weyco Group pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
19.80384398
Current Value
11.42
Quarterly Volatility
3.10682722
 
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Yuan Drop
 
Covid
Check Weyco financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Weyco's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.5 M, Interest Expense of 302.6 K or Total Revenue of 224.7 M, as well as many indicators such as Price To Sales Ratio of 0.68, Dividend Yield of 0.0192 or PTB Ratio of 1.68. Weyco financial statements analysis is a perfect complement when working with Weyco Valuation or Volatility modules.
  
Check out the analysis of Weyco Correlation against competitors.

Latest Weyco's Payables Turnover Growth Pattern

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

Weyco Payables Turnover Regression Statistics

Arithmetic Mean13.96
Geometric Mean13.63
Coefficient Of Variation22.26
Mean Deviation2.19
Median13.87
Standard Deviation3.11
Sample Variance9.65
Range11.4752
R-Value0.14
Mean Square Error10.18
R-Squared0.02
Significance0.61
Slope0.10
Total Sum of Squares135.13

Weyco Payables Turnover History

2024 11.42
2023 19.8
2022 13.87
2021 8.33
2020 13.83
2019 14.46
2018 13.97

About Weyco Financial Statements

Weyco shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although Weyco investors may analyze each financial statement separately, they are all interrelated. The changes in Weyco's assets and liabilities, for example, are also reflected in the revenues and expenses on on Weyco'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 19.80  11.42 

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Additional Tools for Weyco Stock Analysis

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