Quanex Payables Turnover from 2010 to 2024

NX Stock  USD 29.76  0.95  3.30%   
Quanex Building Payables Turnover yearly trend continues to be fairly stable with very little volatility. Payables Turnover will likely drop to 8.18 in 2024. Payables Turnover is a liquidity ratio that shows how quickly Quanex Building Products pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
10.32
Current Value
8.18
Quarterly Volatility
2.24567391
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Quanex Building financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Quanex Building's main balance sheet or income statement drivers, such as Depreciation And Amortization of 56.5 M, Interest Expense of 7 M or Total Revenue of 805.7 M, as well as many indicators such as Price To Sales Ratio of 0.38, Dividend Yield of 0.0132 or PTB Ratio of 0.81. Quanex financial statements analysis is a perfect complement when working with Quanex Building Valuation or Volatility modules.
  
Check out the analysis of Quanex Building Correlation against competitors.

Latest Quanex Building's Payables Turnover Growth Pattern

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

Quanex Payables Turnover Regression Statistics

Arithmetic Mean10.90
Geometric Mean10.69
Coefficient Of Variation20.61
Mean Deviation1.72
Median10.45
Standard Deviation2.25
Sample Variance5.04
Range7.0996
R-Value0.0006
Mean Square Error5.43
R-Squared0.00000041
Significance1.00
Slope0.0003
Total Sum of Squares70.60

Quanex Payables Turnover History

2024 8.18
2023 10.32
2022 11.47
2021 12.23
2020 9.58
2019 8.52
2018 10.92

About Quanex Building Financial Statements

Quanex Building investors use historical fundamental indicators, such as Quanex Building'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 Quanex Building. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 10.32  8.18 

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Additional Tools for Quanex Stock Analysis

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