Westwood Payables Turnover from 2010 to 2024

WHG Stock  USD 15.70  0.57  3.50%   
Westwood Holdings' Payables Turnover is decreasing over the last several years with slightly volatile swings. Payables Turnover is predicted to flatten to 9.00. Payables Turnover is a liquidity ratio that shows how quickly Westwood Holdings 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
9.46982055
Current Value
9
Quarterly Volatility
6.7286737
 
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Yuan Drop
 
Covid
Check Westwood Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Westwood Holdings' main balance sheet or income statement drivers, such as Interest Expense of 6.9 M, Total Revenue of 71.9 M or Gross Profit of 43.2 M, as well as many indicators such as Price To Sales Ratio of 1.06, Dividend Yield of 0.045 or PTB Ratio of 0.79. Westwood financial statements analysis is a perfect complement when working with Westwood Holdings Valuation or Volatility modules.
  
Check out the analysis of Westwood Holdings Correlation against competitors.

Latest Westwood Holdings' Payables Turnover Growth Pattern

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

Westwood Payables Turnover Regression Statistics

Arithmetic Mean19.97
Geometric Mean18.53
Coefficient Of Variation33.69
Mean Deviation5.56
Median22.95
Standard Deviation6.73
Sample Variance45.28
Range19.4134
R-Value(0.78)
Mean Square Error19.29
R-Squared0.60
Significance0.0006
Slope(1.17)
Total Sum of Squares633.85

Westwood Payables Turnover History

2024 9.0
2023 9.47
2022 7.07
2021 16.13
2020 25.9
2019 23.38
2018 23.81

About Westwood Holdings Financial Statements

Westwood Holdings stakeholders use historical fundamental indicators, such as Westwood Holdings' Payables Turnover, to determine how well the company is positioned to perform in the future. Although Westwood Holdings investors may analyze each financial statement separately, they are all interrelated. For example, changes in Westwood Holdings' assets and liabilities are reflected in the revenues and expenses on Westwood Holdings' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Westwood Holdings Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 9.47  9.00 

Currently Active Assets on Macroaxis

When determining whether Westwood Holdings is a strong investment it is important to analyze Westwood Holdings' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Westwood Holdings' future performance. For an informed investment choice regarding Westwood Stock, refer to the following important reports:
Check out the analysis of Westwood Holdings Correlation against competitors.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Westwood Holdings. If investors know Westwood will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Westwood Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.98)
Dividend Share
0.6
Earnings Share
0.33
Revenue Per Share
11.393
Quarterly Revenue Growth
0.084
The market value of Westwood Holdings is measured differently than its book value, which is the value of Westwood that is recorded on the company's balance sheet. Investors also form their own opinion of Westwood Holdings' value that differs from its market value or its book value, called intrinsic value, which is Westwood Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Westwood Holdings' market value can be influenced by many factors that don't directly affect Westwood Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Westwood Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Westwood Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Westwood Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.