IDT Payables Turnover from 2010 to 2024

IDT Stock  USD 51.64  0.22  0.42%   
IDT Payables Turnover yearly trend continues to be comparatively stable with very little volatility. Payables Turnover will likely drop to 18.76 in 2024. Payables Turnover is a liquidity ratio that shows how quickly IDT Corporation pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
32.92378799
Current Value
18.76
Quarterly Volatility
9.84042018
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check IDT financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among IDT's main balance sheet or income statement drivers, such as Depreciation And Amortization of 31.2 M, Interest Expense of 124.8 K or Total Revenue of 1.5 B, as well as many indicators such as Price To Sales Ratio of 1.09, Dividend Yield of 0.0029 or PTB Ratio of 3.72. IDT financial statements analysis is a perfect complement when working with IDT Valuation or Volatility modules.
  
Check out the analysis of IDT Correlation against competitors.

Latest IDT's Payables Turnover Growth Pattern

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

IDT Payables Turnover Regression Statistics

Arithmetic Mean33.57
Geometric Mean31.61
Coefficient Of Variation29.31
Mean Deviation6.86
Median32.92
Standard Deviation9.84
Sample Variance96.83
Range37.7252
R-Value0.19
Mean Square Error100.45
R-Squared0.04
Significance0.49
Slope0.42
Total Sum of Squares1,356

IDT Payables Turnover History

2024 18.76
2023 32.92
2022 39.39
2021 35.57
2020 47.1
2019 43.1
2018 31.66

About IDT Financial Statements

IDT shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although IDT investors may analyze each financial statement separately, they are all interrelated. The changes in IDT's assets and liabilities, for example, are also reflected in the revenues and expenses on on IDT'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 32.92  18.76 

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Additional Tools for IDT Stock Analysis

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