CompX Payables Turnover from 2010 to 2024

CIX Stock  USD 27.77  1.16  4.36%   
CompX International 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 CompX International pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
35.59974587
Current Value
37.38
Quarterly Volatility
9.57892856
 
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Yuan Drop
 
Covid
Check CompX International financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CompX International's main balance sheet or income statement drivers, such as Depreciation And Amortization of 5.9 M, Interest Expense of 1.7 M or Selling General Administrative of 18.2 M, as well as many indicators such as Price To Sales Ratio of 1.11, Dividend Yield of 0.0281 or PTB Ratio of 1.94. CompX financial statements analysis is a perfect complement when working with CompX International Valuation or Volatility modules.
  
Check out the analysis of CompX International Correlation against competitors.
For more information on how to buy CompX Stock please use our How to Invest in CompX International guide.

Latest CompX International's Payables Turnover Growth Pattern

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

CompX Payables Turnover Regression Statistics

Arithmetic Mean28.13
Geometric Mean25.87
Coefficient Of Variation34.06
Mean Deviation7.15
Median28.79
Standard Deviation9.58
Sample Variance91.76
Range38.4541
R-Value0.63
Mean Square Error59.72
R-Squared0.40
Significance0.01
Slope1.35
Total Sum of Squares1,285

CompX Payables Turnover History

2024 37.38
2023 35.6
2022 33.31
2021 28.79
2020 31.04
2019 33.89
2018 24.7

About CompX International Financial Statements

CompX International investors use historical fundamental indicators, such as CompX International'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 CompX International. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 35.60  37.38 

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Additional Tools for CompX Stock Analysis

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