MakeMyTrip Payables Turnover from 2010 to 2024

MMYT Stock  USD 114.74  0.63  0.55%   
MakeMyTrip Payables Turnover yearly trend continues to be comparatively stable with very little volatility. Payables Turnover will likely drop to 4.38 in 2024. Payables Turnover is a liquidity ratio that shows how quickly MakeMyTrip Limited pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
5.40871536
Current Value
4.38
Quarterly Volatility
1.7035471
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check MakeMyTrip financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MakeMyTrip's main balance sheet or income statement drivers, such as Depreciation And Amortization of 16.9 M, Interest Expense of 10.1 M or Selling General Administrative of 85.3 M, as well as many indicators such as Price To Sales Ratio of 7.78, Dividend Yield of 0.0 or PTB Ratio of 7.71. MakeMyTrip financial statements analysis is a perfect complement when working with MakeMyTrip Valuation or Volatility modules.
  
Check out the analysis of MakeMyTrip Correlation against competitors.

Latest MakeMyTrip's Payables Turnover Growth Pattern

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

MakeMyTrip Payables Turnover Regression Statistics

Arithmetic Mean4.01
Geometric Mean3.59
Coefficient Of Variation42.49
Mean Deviation1.31
Median4.12
Standard Deviation1.70
Sample Variance2.90
Range6.4054
R-Value(0.14)
Mean Square Error3.06
R-Squared0.02
Significance0.62
Slope(0.05)
Total Sum of Squares40.63

MakeMyTrip Payables Turnover History

2024 4.38
2023 5.41
2022 3.88
2021 1.75
2020 0.94
2019 7.34
2018 2.51

About MakeMyTrip Financial Statements

MakeMyTrip shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although MakeMyTrip investors may analyze each financial statement separately, they are all interrelated. The changes in MakeMyTrip's assets and liabilities, for example, are also reflected in the revenues and expenses on on MakeMyTrip'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 5.41  4.38 

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Additional Tools for MakeMyTrip Stock Analysis

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