Sensient Payables Turnover from 2010 to 2024

SXT Stock  USD 73.34  0.34  0.47%   
Sensient Technologies Payables Turnover yearly trend continues to be comparatively stable with very little volatility. Payables Turnover will likely drop to 6.01 in 2024. Payables Turnover is a liquidity ratio that shows how quickly Sensient Technologies pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
7.59760971
Current Value
6.01
Quarterly Volatility
1.59508897
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Sensient Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sensient Technologies' main balance sheet or income statement drivers, such as Depreciation And Amortization of 44.8 M, Interest Expense of 24.5 M or Total Revenue of 1.2 B, as well as many indicators such as Price To Sales Ratio of 1.06, Dividend Yield of 0.0263 or PTB Ratio of 1.97. Sensient financial statements analysis is a perfect complement when working with Sensient Technologies Valuation or Volatility modules.
  
Check out the analysis of Sensient Technologies Correlation against competitors.
For more information on how to buy Sensient Stock please use our How to Invest in Sensient Technologies guide.

Latest Sensient Technologies' Payables Turnover Growth Pattern

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

Sensient Payables Turnover Regression Statistics

Arithmetic Mean8.45
Geometric Mean8.30
Coefficient Of Variation18.88
Mean Deviation1.39
Median8.46
Standard Deviation1.60
Sample Variance2.54
Range4.4746
R-Value(0.53)
Mean Square Error1.98
R-Squared0.28
Significance0.04
Slope(0.19)
Total Sum of Squares35.62

Sensient Payables Turnover History

2024 6.01
2023 7.6
2022 6.66
2021 7.37
2020 8.46
2019 9.59
2018 6.98

About Sensient Technologies Financial Statements

Sensient Technologies shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although Sensient Technologies investors may analyze each financial statement separately, they are all interrelated. The changes in Sensient Technologies' assets and liabilities, for example, are also reflected in the revenues and expenses on on Sensient Technologies' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Payables Turnover 7.60  6.01 

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Additional Tools for Sensient Stock Analysis

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