Watts Payables Turnover from 2010 to 2024

WTS Stock  USD 210.80  4.24  2.05%   
Watts Water 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 Watts Water Technologies pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
8.31107739
Current Value
10.11
Quarterly Volatility
2.8674885
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Watts Water financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Watts Water's main balance sheet or income statement drivers, such as Depreciation And Amortization of 34.5 M, Interest Expense of 7.8 M or Total Revenue of 1.1 B, as well as many indicators such as Price To Sales Ratio of 3.55, Dividend Yield of 0.0131 or PTB Ratio of 4.83. Watts financial statements analysis is a perfect complement when working with Watts Water Valuation or Volatility modules.
  
Check out the analysis of Watts Water Correlation against competitors.

Latest Watts Water's Payables Turnover Growth Pattern

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

Watts Payables Turnover Regression Statistics

Arithmetic Mean8.53
Geometric Mean8.24
Coefficient Of Variation33.62
Mean Deviation1.58
Median8.02
Standard Deviation2.87
Sample Variance8.22
Range11.853
R-Value(0.26)
Mean Square Error8.25
R-Squared0.07
Significance0.35
Slope(0.17)
Total Sum of Squares115.11

Watts Payables Turnover History

2024 10.11
2023 8.31
2022 8.23
2021 7.27
2020 8.02
2019 7.49
2018 7.14

About Watts Water Financial Statements

Watts Water shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although Watts Water investors may analyze each financial statement separately, they are all interrelated. The changes in Watts Water's assets and liabilities, for example, are also reflected in the revenues and expenses on on Watts Water'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 8.31  10.11 

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Additional Tools for Watts Stock Analysis

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