SolarWinds Payables Turnover from 2010 to 2024

SWI Stock  USD 14.44  0.14  0.98%   
SolarWinds Corp's Payables Turnover is increasing with slightly volatile movements from year to year. Payables Turnover is predicted to flatten to 13.53. Payables Turnover is a liquidity ratio that shows how quickly SolarWinds 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
13.93804762
Current Value
13.53
Quarterly Volatility
10.35006567
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check SolarWinds Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SolarWinds Corp's main balance sheet or income statement drivers, such as Interest Expense of 121.6 M, Selling General Administrative of 133.3 M or Total Revenue of 538.6 M, as well as many indicators such as Price To Sales Ratio of 1.98, Dividend Yield of 0.088 or PTB Ratio of 1.5. SolarWinds financial statements analysis is a perfect complement when working with SolarWinds Corp Valuation or Volatility modules.
  
Check out the analysis of SolarWinds Corp Correlation against competitors.
For more detail on how to invest in SolarWinds Stock please use our How to Invest in SolarWinds Corp guide.

Latest SolarWinds Corp's Payables Turnover Growth Pattern

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

SolarWinds Payables Turnover Regression Statistics

Arithmetic Mean15.86
Geometric Mean12.22
Coefficient Of Variation65.25
Mean Deviation9.15
Median13.94
Standard Deviation10.35
Sample Variance107.12
Range27.0993
R-Value0.40
Mean Square Error96.72
R-Squared0.16
Significance0.14
Slope0.93
Total Sum of Squares1,500

SolarWinds Payables Turnover History

2024 13.53
2023 13.94
2022 6.83
2021 30.98
2020 22.16
2019 18.52
2018 25.33

About SolarWinds Corp Financial Statements

Investors use fundamental indicators, such as SolarWinds Corp's Payables Turnover, to determine how well the company is positioned to perform in the future. Although SolarWinds Corp's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Payables Turnover 13.94  13.53 

Currently Active Assets on Macroaxis

When determining whether SolarWinds Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SolarWinds Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Solarwinds Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Solarwinds Corp Stock:
Check out the analysis of SolarWinds Corp Correlation against competitors.
For more detail on how to invest in SolarWinds Stock please use our How to Invest in SolarWinds Corp guide.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SolarWinds Corp. If investors know SolarWinds will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SolarWinds Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
37.168
Earnings Share
0.22
Revenue Per Share
4.668
Quarterly Revenue Growth
0.055
Return On Assets
0.041
The market value of SolarWinds Corp is measured differently than its book value, which is the value of SolarWinds that is recorded on the company's balance sheet. Investors also form their own opinion of SolarWinds Corp's value that differs from its market value or its book value, called intrinsic value, which is SolarWinds Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SolarWinds Corp's market value can be influenced by many factors that don't directly affect SolarWinds Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SolarWinds Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if SolarWinds Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SolarWinds Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.