Foxx Payables Turnover from 2010 to 2024

FOXX Stock   7.00  0.63  9.89%   
Foxx Development Payables Turnover yearly trend continues to be fairly stable with very little volatility. Payables Turnover will likely drop to 2.43 in 2024. Payables Turnover is a liquidity ratio that shows how quickly Foxx Development Holdings pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
2.56
Current Value
2.43
Quarterly Volatility
59.65484302
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Foxx Development financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Foxx Development's main balance sheet or income statement drivers, such as Tax Provision of 13.1 K, Depreciation And Amortization of 75.9 K or Interest Expense of 292.2 K, as well as many indicators such as Price To Sales Ratio of 26.93, Dividend Yield of 0.0 or Days Sales Outstanding of 207. Foxx financial statements analysis is a perfect complement when working with Foxx Development Valuation or Volatility modules.
  
Check out the analysis of Foxx Development Correlation against competitors.

Latest Foxx Development's Payables Turnover Growth Pattern

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

Foxx Payables Turnover Regression Statistics

Arithmetic Mean117.67
Geometric Mean64.38
Coefficient Of Variation50.70
Mean Deviation46.11
Median146.49
Standard Deviation59.65
Sample Variance3,559
Range144
R-Value(0.69)
Mean Square Error1,985
R-Squared0.48
Significance0
Slope(9.26)
Total Sum of Squares49,822

Foxx Payables Turnover History

2024 2.43
2023 2.56
2022 2.23

About Foxx Development Financial Statements

Foxx Development investors use historical fundamental indicators, such as Foxx Development'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 Foxx Development. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 2.56  2.43 

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 Foxx Stock Analysis

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