Best Days Of Payables Outstanding from 2010 to 2024

BBY Stock  USD 90.00  1.83  2.08%   
Best Buy Days Of Payables Outstanding yearly trend continues to be fairly stable with very little volatility. Days Of Payables Outstanding will likely drop to 26.79 in 2024. During the period from 2010 to 2024, Best Buy Days Of Payables Outstanding regression line of annual values had r-squared of  0.46 and arithmetic mean of  53.34. View All Fundamentals
 
Days Of Payables Outstanding  
First Reported
2010-12-31
Previous Quarter
50.00162486
Current Value
26.79413093
Quarterly Volatility
8.0571221
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Best Buy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Best Buy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 471.4 M, Interest Expense of 60.3 M or Selling General Administrative of 5.1 B, as well as many indicators such as Price To Sales Ratio of 0.0561, Dividend Yield of 0.0204 or PTB Ratio of 0.99. Best financial statements analysis is a perfect complement when working with Best Buy Valuation or Volatility modules.
  
Check out the analysis of Best Buy Correlation against competitors.

Latest Best Buy's Days Of Payables Outstanding Growth Pattern

Below is the plot of the Days Of Payables Outstanding of Best Buy Co over the last few years. It is Best Buy's Days Of Payables Outstanding historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Best Buy's overall financial position and show how it may be relating to other accounts over time.
Days Of Payables Outstanding10 Years Trend
Slightly volatile
   Days Of Payables Outstanding   
       Timeline  

Best Days Of Payables Outstanding Regression Statistics

Arithmetic Mean53.34
Geometric Mean52.54
Coefficient Of Variation15.10
Mean Deviation5.32
Median57.14
Standard Deviation8.06
Sample Variance64.92
Range30.667
R-Value(0.68)
Mean Square Error37.81
R-Squared0.46
Significance0.01
Slope(1.22)
Total Sum of Squares908.84

Best Days Of Payables Outstanding History

2024 26.79
2020 50.0
2014 57.46

About Best Buy Financial Statements

Best Buy investors use historical fundamental indicators, such as Best Buy's Days Of Payables Outstanding, 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 Best Buy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Of Payables Outstanding 50.00  26.79 

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Additional Tools for Best Stock Analysis

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