Royalty Payables Turnover from 2010 to 2024

RPRX Stock  USD 25.54  0.14  0.55%   
Royalty Pharma Payables Turnover yearly trend continues to be fairly stable with very little volatility. Payables Turnover will likely drop to 31.45 in 2024. Payables Turnover is a liquidity ratio that shows how quickly Royalty Pharma Plc pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
36.97039235
Current Value
31.45
Quarterly Volatility
20.35568333
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Royalty Pharma financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Royalty Pharma's main balance sheet or income statement drivers, such as Interest Expense of 196.5 M, Total Revenue of 2.5 B or Research Development of 57.5 M, as well as many indicators such as Price To Sales Ratio of 5.07, Dividend Yield of 0.0361 or PTB Ratio of 3.83. Royalty financial statements analysis is a perfect complement when working with Royalty Pharma Valuation or Volatility modules.
  
Check out the analysis of Royalty Pharma Correlation against competitors.

Latest Royalty Pharma's Payables Turnover Growth Pattern

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

Royalty Payables Turnover Regression Statistics

Arithmetic Mean29.73
Geometric Mean20.73
Coefficient Of Variation68.47
Mean Deviation10.16
Median30.37
Standard Deviation20.36
Sample Variance414.35
Range90.4809
R-Value(0.12)
Mean Square Error439.96
R-Squared0.01
Significance0.67
Slope(0.54)
Total Sum of Squares5,801

Royalty Payables Turnover History

2024 31.45
2023 36.97
2022 0.72
2021 4.09
2020 8.18
2019 91.2

About Royalty Pharma Financial Statements

Royalty Pharma investors use historical fundamental indicators, such as Royalty Pharma'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 Royalty Pharma. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 36.97  31.45 

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Additional Tools for Royalty Stock Analysis

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