Himax Payables Turnover from 2010 to 2024

HIMX Stock  USD 5.40  0.26  5.06%   
Himax Technologies Payables Turnover yearly trend continues to be fairly stable with very little volatility. Payables Turnover will likely drop to 5.48 in 2024. Payables Turnover is a liquidity ratio that shows how quickly Himax Technologies pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
6.35288144
Current Value
5.48
Quarterly Volatility
1.27182142
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Himax Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Himax Technologies' main balance sheet or income statement drivers, such as Interest Expense of 6.4 M, Total Revenue of 799.9 M or Gross Profit of 208.4 M, as well as many indicators such as Price To Sales Ratio of 1.06, Dividend Yield of 0.0703 or PTB Ratio of 1.17. Himax financial statements analysis is a perfect complement when working with Himax Technologies Valuation or Volatility modules.
  
Check out the analysis of Himax Technologies Correlation against competitors.
For more information on how to buy Himax Stock please use our How to Invest in Himax Technologies guide.

Latest Himax Technologies' Payables Turnover Growth Pattern

Below is the plot of the Payables Turnover of Himax Technologies 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. Himax Technologies' Payables Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Himax Technologies' overall financial position and show how it may be relating to other accounts over time.
Payables Turnover10 Years Trend
Very volatile
   Payables Turnover   
       Timeline  

Himax Payables Turnover Regression Statistics

Arithmetic Mean4.56
Geometric Mean4.42
Coefficient Of Variation27.87
Mean Deviation0.98
Median4.18
Standard Deviation1.27
Sample Variance1.62
Range4.5942
R-Value0.08
Mean Square Error1.73
R-Squared0.01
Significance0.78
Slope0.02
Total Sum of Squares22.65

Himax Payables Turnover History

2024 5.48
2023 6.35
2022 5.85
2021 3.21
2020 3.84
2019 4.67
2018 3.69

About Himax Technologies Financial Statements

Himax Technologies investors use historical fundamental indicators, such as Himax Technologies' 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 Himax Technologies. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 6.35  5.48 

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Additional Tools for Himax Stock Analysis

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