BlackRock Payables Turnover from 2010 to 2024

BNY Stock  USD 10.70  0.11  1.04%   
BlackRock New Payables Turnover yearly trend continues to be fairly stable with very little volatility. Payables Turnover will likely drop to 0.66 in 2024. Payables Turnover is a liquidity ratio that shows how quickly BlackRock New York pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
0.69639219
Current Value
0.66
Quarterly Volatility
0.7664423
 
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Check BlackRock New financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among BlackRock New's main balance sheet or income statement drivers, such as Interest Expense of 8.3 M, Selling General Administrative of 589.8 K or Total Revenue of 11.8 M, as well as many indicators such as Price To Sales Ratio of 12.43, Dividend Yield of 0.0526 or PTB Ratio of 1.03. BlackRock financial statements analysis is a perfect complement when working with BlackRock New Valuation or Volatility modules.
  
Check out the analysis of BlackRock New Correlation against competitors.

Latest BlackRock New's Payables Turnover Growth Pattern

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

BlackRock Payables Turnover Regression Statistics

Arithmetic Mean1.27
Geometric Mean1.10
Coefficient Of Variation60.27
Mean Deviation0.53
Median1.09
Standard Deviation0.77
Sample Variance0.59
Range2.6941
R-Value(0.03)
Mean Square Error0.63
R-Squared0.0007
Significance0.92
Slope(0)
Total Sum of Squares8.22

BlackRock Payables Turnover History

2024 0.66
2023 0.7
2022 0.94
2021 1.03
2020 1.83
2019 2.98
2018 0.29

About BlackRock New Financial Statements

BlackRock New investors use historical fundamental indicators, such as BlackRock New'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 BlackRock New. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 0.70  0.66 

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