Dropbox Payables Turnover from 2010 to 2024

DBX Stock  USD 29.77  0.68  2.23%   
Dropbox 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 Dropbox pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
12.42857143
Current Value
17.8
Quarterly Volatility
5.73844206
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Dropbox financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Dropbox's main balance sheet or income statement drivers, such as Interest Income of 9.3 M, Depreciation And Amortization of 133.4 M or Interest Expense of 16 M, as well as many indicators such as Price To Sales Ratio of 8.01, Dividend Yield of 0.0 or Days Sales Outstanding of 11.25. Dropbox financial statements analysis is a perfect complement when working with Dropbox Valuation or Volatility modules.
  
Check out the analysis of Dropbox Correlation against competitors.
For more information on how to buy Dropbox Stock please use our How to Invest in Dropbox guide.

Latest Dropbox's Payables Turnover Growth Pattern

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

Dropbox Payables Turnover Regression Statistics

Arithmetic Mean18.75
Geometric Mean17.82
Coefficient Of Variation30.61
Mean Deviation5.16
Median22.17
Standard Deviation5.74
Sample Variance32.93
Range15.1017
R-Value(0.66)
Mean Square Error20.08
R-Squared0.43
Significance0.01
Slope(0.85)
Total Sum of Squares461.02

Dropbox Payables Turnover History

2024 17.8
2023 12.43
2022 11.51
2021 17.28
2020 22.17
2019 10.1
2018 11.85

About Dropbox Financial Statements

Dropbox investors use historical fundamental indicators, such as Dropbox'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 Dropbox. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 12.43  17.80 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Dropbox Stock Analysis

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