Adient Payables Turnover from 2010 to 2024

ADNT Stock  USD 20.29  1.06  5.51%   
Adient PLC Payables Turnover yearly trend continues to be comparatively stable with very little volatility. Payables Turnover will likely drop to 5.26 in 2024. Payables Turnover is a liquidity ratio that shows how quickly Adient PLC pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
5.39184953
Current Value
5.26
Quarterly Volatility
0.93966445
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Adient PLC financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Adient PLC's main balance sheet or income statement drivers, such as Depreciation And Amortization of 292.3 M, Interest Expense of 148.9 M or Selling General Administrative of 497.1 M, as well as many indicators such as Price To Sales Ratio of 0.25, Dividend Yield of 0.0194 or PTB Ratio of 1.02. Adient financial statements analysis is a perfect complement when working with Adient PLC Valuation or Volatility modules.
  
Check out the analysis of Adient PLC Correlation against competitors.
For more information on how to buy Adient Stock please use our How to Invest in Adient PLC guide.

Latest Adient PLC's Payables Turnover Growth Pattern

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

Adient Payables Turnover Regression Statistics

Arithmetic Mean6.58
Geometric Mean6.52
Coefficient Of Variation14.27
Mean Deviation0.80
Median7.03
Standard Deviation0.94
Sample Variance0.88
Range3.0843
R-Value(0.20)
Mean Square Error0.91
R-Squared0.04
Significance0.48
Slope(0.04)
Total Sum of Squares12.36

Adient Payables Turnover History

2024 5.26
2023 5.39
2022 7.24
2021 7.4
2020 8.09
2019 7.37
2018 5.8

About Adient PLC Financial Statements

Adient PLC shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although Adient PLC investors may analyze each financial statement separately, they are all interrelated. The changes in Adient PLC's assets and liabilities, for example, are also reflected in the revenues and expenses on on Adient PLC'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 5.39  5.26 

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Additional Tools for Adient Stock Analysis

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