Accuray Payables Turnover from 2010 to 2024

ARAY Stock  USD 2.15  0.08  3.59%   
Accuray Incorporated Payables Turnover yearly trend continues to be fairly 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 Accuray Incorporated pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
6.07017193
Current Value
7.98
Quarterly Volatility
3.50829905
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Accuray Incorporated financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Accuray Incorporated's main balance sheet or income statement drivers, such as Depreciation And Amortization of 9.5 M, Interest Expense of 8.6 M or Total Revenue of 302.7 M, as well as many indicators such as Price To Sales Ratio of 0.37, Dividend Yield of 0.0 or PTB Ratio of 1.94. Accuray financial statements analysis is a perfect complement when working with Accuray Incorporated Valuation or Volatility modules.
  
Check out the analysis of Accuray Incorporated Correlation against competitors.
For more information on how to buy Accuray Stock please use our How to Invest in Accuray Incorporated guide.

Latest Accuray Incorporated's Payables Turnover Growth Pattern

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

Accuray Payables Turnover Regression Statistics

Arithmetic Mean11.55
Geometric Mean11.03
Coefficient Of Variation30.39
Mean Deviation3.04
Median12.16
Standard Deviation3.51
Sample Variance12.31
Range11.8283
R-Value(0.61)
Mean Square Error8.24
R-Squared0.38
Significance0.01
Slope(0.48)
Total Sum of Squares172.31

Accuray Payables Turnover History

2024 7.98
2023 6.07
2022 8.7
2021 8.61
2020 12.16
2019 10.08
2018 8.66

About Accuray Incorporated Financial Statements

Accuray Incorporated investors use historical fundamental indicators, such as Accuray Incorporated's Payables Turnover, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Accuray Incorporated. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 6.07  7.98 

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Additional Tools for Accuray Stock Analysis

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