FedEx Payables Turnover from 2010 to 2024

FDX Stock  USD 282.85  13.84  4.66%   
FedEx 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 FedEx pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
21.55566008
Current Value
22.63
Quarterly Volatility
4.08947065
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check FedEx financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among FedEx's main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.5 B, Interest Expense of 0.0 or Total Revenue of 7.4 B, as well as many indicators such as Price To Sales Ratio of 0.57, Dividend Yield of 0.0207 or PTB Ratio of 1.85. FedEx financial statements analysis is a perfect complement when working with FedEx Valuation or Volatility modules.
  
Check out the analysis of FedEx Correlation against competitors.
For more information on how to buy FedEx Stock please use our How to Invest in FedEx guide.

Latest FedEx's Payables Turnover Growth Pattern

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

FedEx Payables Turnover Regression Statistics

Arithmetic Mean16.89
Geometric Mean16.26
Coefficient Of Variation24.21
Mean Deviation2.74
Median18.11
Standard Deviation4.09
Sample Variance16.72
Range15.8582
R-Value0.71
Mean Square Error8.87
R-Squared0.51
Significance0
Slope0.65
Total Sum of Squares234.13

FedEx Payables Turnover History

2024 22.63
2023 21.56
2022 18.45
2021 18.2
2020 17.18
2019 17.09
2018 18.11

About FedEx Financial Statements

FedEx investors use historical fundamental indicators, such as FedEx'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 FedEx. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 21.56  22.63 

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Additional Tools for FedEx Stock Analysis

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