Solventum Payables Turnover from 2010 to 2024

SOLV Stock   70.77  1.22  1.69%   
Solventum Corp Payables Turnover yearly trend continues to be fairly stable with very little volatility. Payables Turnover is likely to outpace its year average in 2024. Payables Turnover is a liquidity ratio that shows how quickly Solventum Corp pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
7.48717949
Current Value
10.09
Quarterly Volatility
0.68511598
 
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Check Solventum Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Solventum Corp's main balance sheet or income statement drivers, such as Tax Provision of 258.2 M, Depreciation And Amortization of 467 M or Selling General Administrative of 2.5 B, as well as many indicators such as Price To Sales Ratio of 1.91, Dividend Yield of 0.0 or PTB Ratio of 4.25. Solventum financial statements analysis is a perfect complement when working with Solventum Corp Valuation or Volatility modules.
  
Check out the analysis of Solventum Corp Correlation against competitors.
For more information on how to buy Solventum Stock please use our How to Invest in Solventum Corp guide.

Latest Solventum Corp's Payables Turnover Growth Pattern

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

Solventum Payables Turnover Regression Statistics

Arithmetic Mean9.95
Geometric Mean9.92
Coefficient Of Variation6.89
Mean Deviation0.34
Median10.15
Standard Deviation0.69
Sample Variance0.47
Range2.6628
R-Value(0.41)
Mean Square Error0.42
R-Squared0.17
Significance0.12
Slope(0.06)
Total Sum of Squares6.57

Solventum Payables Turnover History

2024 10.09
2023 7.49
2022 9.87

About Solventum Corp Financial Statements

Solventum Corp investors use historical fundamental indicators, such as Solventum Corp'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 Solventum Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 7.49  10.09 

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Additional Tools for Solventum Stock Analysis

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