Alpha Payables Turnover from 2010 to 2024

APT Stock  USD 5.30  0.04  0.75%   
Alpha Pro Payables Turnover yearly trend continues to be comparatively stable with very little volatility. Payables Turnover will likely drop to 32.90 in 2024. Payables Turnover is a liquidity ratio that shows how quickly Alpha Pro Tech pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
47.8840399
Current Value
32.9
Quarterly Volatility
67.47171684
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Alpha Pro financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Alpha Pro's main balance sheet or income statement drivers, such as Depreciation And Amortization of 639.9 K, Interest Expense of 899.6 K or Selling General Administrative of 12.8 M, as well as many indicators such as Price To Sales Ratio of 1.28, Dividend Yield of 0.0 or PTB Ratio of 0.97. Alpha financial statements analysis is a perfect complement when working with Alpha Pro Valuation or Volatility modules.
  
Check out the analysis of Alpha Pro Correlation against competitors.

Latest Alpha Pro's Payables Turnover Growth Pattern

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

Alpha Payables Turnover Regression Statistics

Arithmetic Mean60.31
Geometric Mean42.39
Coefficient Of Variation111.87
Mean Deviation38.24
Median40.02
Standard Deviation67.47
Sample Variance4,552
Range283
R-Value0.06
Mean Square Error4,884
R-Squared0
Significance0.83
Slope0.94
Total Sum of Squares63,734

Alpha Payables Turnover History

2024 32.9
2023 47.88
2022 59.79
2021 82.08
2020 26.33
2019 59.27
2018 50.02

About Alpha Pro Financial Statements

Alpha Pro shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although Alpha Pro investors may analyze each financial statement separately, they are all interrelated. The changes in Alpha Pro's assets and liabilities, for example, are also reflected in the revenues and expenses on on Alpha Pro'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 47.88  32.90 

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Additional Tools for Alpha Stock Analysis

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