Canada Payables Turnover from 2010 to 2024

GOOS Stock  USD 9.44  0.03  0.32%   
Canada Goose 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 Canada Goose 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
7.22916667
Current Value
7.76
Quarterly Volatility
1.9733095
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Canada Goose financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Canada Goose's main balance sheet or income statement drivers, such as Discontinued Operations of 0.0, Interest Expense of 44.7 M or Selling General Administrative of 832.5 M, as well as many indicators such as Price To Sales Ratio of 1.2, Dividend Yield of 0.096 or PTB Ratio of 3.84. Canada financial statements analysis is a perfect complement when working with Canada Goose Valuation or Volatility modules.
  
Check out the analysis of Canada Goose Correlation against competitors.

Latest Canada Goose's Payables Turnover Growth Pattern

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

Canada Payables Turnover Regression Statistics

Arithmetic Mean7.98
Geometric Mean7.74
Coefficient Of Variation24.74
Mean Deviation1.67
Median7.64
Standard Deviation1.97
Sample Variance3.89
Range5.9092
R-Value(0.74)
Mean Square Error1.92
R-Squared0.54
Significance0
Slope(0.32)
Total Sum of Squares54.52

Canada Payables Turnover History

2024 7.76
2023 7.23
2022 6.69
2021 5.71
2020 4.43
2019 6.84
2018 6.75

About Canada Goose Financial Statements

Canada Goose shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although Canada Goose investors may analyze each financial statement separately, they are all interrelated. The changes in Canada Goose's assets and liabilities, for example, are also reflected in the revenues and expenses on on Canada Goose'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 7.23  7.76 

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Additional Tools for Canada Stock Analysis

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