Inotiv Payables Turnover from 2010 to 2024

NOTV Stock  USD 3.66  0.12  3.39%   
Inotiv Payables Turnover yearly trend continues to be fairly stable with very little volatility. Payables Turnover will likely drop to 7.64 in 2024. Payables Turnover is a liquidity ratio that shows how quickly Inotiv Inc pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
11.25
Current Value
7.64
Quarterly Volatility
3.2120618
 
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Check Inotiv financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Inotiv's main balance sheet or income statement drivers, such as Depreciation And Amortization of 66.1 M, Interest Expense of 23.5 M or Selling General Administrative of 130.7 M, as well as many indicators such as Price To Sales Ratio of 0.12, Dividend Yield of 0.0029 or PTB Ratio of 0.25. Inotiv financial statements analysis is a perfect complement when working with Inotiv Valuation or Volatility modules.
  
Check out the analysis of Inotiv Correlation against competitors.

Latest Inotiv's Payables Turnover Growth Pattern

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

Inotiv Payables Turnover Regression Statistics

Arithmetic Mean8.15
Geometric Mean7.59
Coefficient Of Variation39.40
Mean Deviation2.67
Median7.64
Standard Deviation3.21
Sample Variance10.32
Range9.4178
R-Value0.72
Mean Square Error5.35
R-Squared0.52
Significance0
Slope0.52
Total Sum of Squares144.44

Inotiv Payables Turnover History

2024 7.64
2023 11.25
2022 12.5
2021 13.61
2020 9.65
2019 13.21
2018 6.21

About Inotiv Financial Statements

Inotiv investors use historical fundamental indicators, such as Inotiv'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 Inotiv. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 11.25  7.64 

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Additional Tools for Inotiv Stock Analysis

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