Freshpet Payables Turnover from 2010 to 2024

FRPT Stock  USD 154.25  1.20  0.78%   
Freshpet Payables Turnover yearly trend continues to be comparatively 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 Freshpet pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
14.29584996
Current Value
15.01
Quarterly Volatility
3.96552431
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Freshpet financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Freshpet's main balance sheet or income statement drivers, such as Depreciation And Amortization of 61.4 M, Interest Expense of 14.8 M or Selling General Administrative of 7.7 M, as well as many indicators such as Price To Sales Ratio of 5.24, Dividend Yield of 0.0 or PTB Ratio of 4.6. Freshpet financial statements analysis is a perfect complement when working with Freshpet Valuation or Volatility modules.
  
Check out the analysis of Freshpet Correlation against competitors.
For more information on how to buy Freshpet Stock please use our How to Invest in Freshpet guide.

Latest Freshpet's Payables Turnover Growth Pattern

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

Freshpet Payables Turnover Regression Statistics

Arithmetic Mean8.19
Geometric Mean7.08
Coefficient Of Variation48.42
Mean Deviation3.13
Median8.21
Standard Deviation3.97
Sample Variance15.73
Range12.5246
R-Value0.77
Mean Square Error6.94
R-Squared0.59
Significance0.0008
Slope0.68
Total Sum of Squares220.16

Freshpet Payables Turnover History

2024 15.01
2023 14.3
2022 7.43
2021 6.18
2020 11.3
2019 7.05
2018 11.26

About Freshpet Financial Statements

Freshpet shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although Freshpet investors may analyze each financial statement separately, they are all interrelated. The changes in Freshpet's assets and liabilities, for example, are also reflected in the revenues and expenses on on Freshpet's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Payables Turnover 14.30  15.01 

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Additional Tools for Freshpet Stock Analysis

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