Karat Payables Turnover from 2010 to 2024

KRT Stock  USD 31.26  0.37  1.20%   
Karat Packaging Payables Turnover yearly trend continues to be comparatively stable with very little volatility. Payables Turnover will likely drop to 7.24 in 2024. Payables Turnover is a liquidity ratio that shows how quickly Karat Packaging pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
10.63523072
Current Value
7.24
Quarterly Volatility
2.49271768
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Karat Packaging financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Karat Packaging's main balance sheet or income statement drivers, such as Tax Provision of 9.9 M, Depreciation And Amortization of 9.6 M or Interest Expense of 2.9 M, as well as many indicators such as Price To Sales Ratio of 1.44, Dividend Yield of 0.0493 or PTB Ratio of 3.05. Karat financial statements analysis is a perfect complement when working with Karat Packaging Valuation or Volatility modules.
  
Check out the analysis of Karat Packaging Correlation against competitors.
For more information on how to buy Karat Stock please use our How to Invest in Karat Packaging guide.

Latest Karat Packaging's Payables Turnover Growth Pattern

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

Karat Payables Turnover Regression Statistics

Arithmetic Mean7.34
Geometric Mean7.02
Coefficient Of Variation33.94
Mean Deviation1.92
Median5.65
Standard Deviation2.49
Sample Variance6.21
Range6.8706
R-Value0.73
Mean Square Error3.15
R-Squared0.53
Significance0
Slope0.41
Total Sum of Squares86.99

Karat Payables Turnover History

2024 7.24
2023 10.64
2022 12.38
2021 12.52
2020 8.22
2019 6.79
2018 7.13

About Karat Packaging Financial Statements

Karat Packaging shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although Karat Packaging investors may analyze each financial statement separately, they are all interrelated. The changes in Karat Packaging's assets and liabilities, for example, are also reflected in the revenues and expenses on on Karat Packaging'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 10.64  7.24 

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Additional Tools for Karat Stock Analysis

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