MagnaChip Payables Turnover from 2010 to 2024

MX Stock  USD 4.32  0.07  1.65%   
MagnaChip Semiconductor Payables Turnover yearly trend continues to be fairly stable with very little volatility. Payables Turnover will likely drop to 6.62 in 2024. Payables Turnover is a liquidity ratio that shows how quickly MagnaChip Semiconductor pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
7.29906313
Current Value
6.62
Quarterly Volatility
2.61595514
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check MagnaChip Semiconductor financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MagnaChip Semiconductor's main balance sheet or income statement drivers, such as Depreciation And Amortization of 15.8 M, Interest Expense of 786.6 K or Total Revenue of 218.5 M, as well as many indicators such as Price To Sales Ratio of 1.4, Dividend Yield of 0.0 or PTB Ratio of 0.94. MagnaChip financial statements analysis is a perfect complement when working with MagnaChip Semiconductor Valuation or Volatility modules.
  
Check out the analysis of MagnaChip Semiconductor Correlation against competitors.
For more information on how to buy MagnaChip Stock please use our How to Invest in MagnaChip Semiconductor guide.

Latest MagnaChip Semiconductor's Payables Turnover Growth Pattern

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

MagnaChip Payables Turnover Regression Statistics

Arithmetic Mean8.94
Geometric Mean8.63
Coefficient Of Variation29.26
Mean Deviation2.03
Median7.72
Standard Deviation2.62
Sample Variance6.84
Range9.5188
R-Value0.17
Mean Square Error7.17
R-Squared0.03
Significance0.55
Slope0.1
Total Sum of Squares95.81

MagnaChip Payables Turnover History

2024 6.62
2023 7.3
2022 13.13
2021 8.53
2020 7.26
2019 15.15
2018 9.94

About MagnaChip Semiconductor Financial Statements

MagnaChip Semiconductor investors use historical fundamental indicators, such as MagnaChip Semiconductor's 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 MagnaChip Semiconductor. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 7.30  6.62 

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Additional Tools for MagnaChip Stock Analysis

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