Franklin Payables Turnover from 2010 to 2024

FC Stock  USD 36.79  0.42  1.15%   
Franklin Covey's Payables Turnover is increasing over the years with slightly volatile fluctuation. Payables Turnover is expected to dwindle to 6.16. Payables Turnover is a liquidity ratio that shows how quickly Franklin Covey pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
8.41528873
Current Value
6.16
Quarterly Volatility
1.48042256
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Franklin Covey financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Franklin Covey's main balance sheet or income statement drivers, such as Depreciation And Amortization of 12.6 M, Interest Expense of 1.2 M or Total Revenue of 215 M, as well as many indicators such as Price To Sales Ratio of 1.51, Dividend Yield of 0.0129 or PTB Ratio of 6.7. Franklin financial statements analysis is a perfect complement when working with Franklin Covey Valuation or Volatility modules.
  
Check out the analysis of Franklin Covey Correlation against competitors.
For information on how to trade Franklin Stock refer to our How to Trade Franklin Stock guide.

Latest Franklin Covey's Payables Turnover Growth Pattern

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

Franklin Payables Turnover Regression Statistics

Arithmetic Mean7.14
Geometric Mean7.01
Coefficient Of Variation20.73
Mean Deviation1.17
Median6.83
Standard Deviation1.48
Sample Variance2.19
Range5.0647
R-Value0.36
Mean Square Error2.06
R-Squared0.13
Significance0.19
Slope0.12
Total Sum of Squares30.68

Franklin Payables Turnover History

2024 6.16
2023 8.42
2022 10.31
2021 5.61
2020 7.38
2019 9.44
2018 6.83

About Franklin Covey Financial Statements

Franklin Covey stakeholders use historical fundamental indicators, such as Franklin Covey's Payables Turnover, to determine how well the company is positioned to perform in the future. Although Franklin Covey investors may analyze each financial statement separately, they are all interrelated. For example, changes in Franklin Covey's assets and liabilities are reflected in the revenues and expenses on Franklin Covey's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Franklin Covey. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 8.42  6.16 

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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.
Check out the analysis of Franklin Covey Correlation against competitors.
For information on how to trade Franklin Stock refer to our How to Trade Franklin Stock guide.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Research & Consulting Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Franklin Covey. If investors know Franklin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Franklin Covey listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.837
Earnings Share
1.74
Revenue Per Share
21.808
Quarterly Revenue Growth
0.079
Return On Assets
0.0911
The market value of Franklin Covey is measured differently than its book value, which is the value of Franklin that is recorded on the company's balance sheet. Investors also form their own opinion of Franklin Covey's value that differs from its market value or its book value, called intrinsic value, which is Franklin Covey's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Franklin Covey's market value can be influenced by many factors that don't directly affect Franklin Covey's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Franklin Covey's value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin Covey is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin Covey's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.