Atlassian Payables Turnover from 2010 to 2024

TEAM Stock  USD 263.58  1.12  0.43%   
Atlassian Corp Payables Turnover yearly trend continues to be very stable with very little volatility. Payables Turnover is likely to drop to 4.30. Payables Turnover is a liquidity ratio that shows how quickly Atlassian Corp 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
4.52558506
Current Value
4.3
Quarterly Volatility
9.63068333
 
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Yuan Drop
 
Covid
Check Atlassian Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Atlassian Corp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 60.1 M, Interest Expense of 28.4 M or Selling General Administrative of 641.1 M, as well as many indicators such as Price To Sales Ratio of 20.83, Dividend Yield of 0.0011 or PTB Ratio of 50.5. Atlassian financial statements analysis is a perfect complement when working with Atlassian Corp Valuation or Volatility modules.
  
Check out the analysis of Atlassian Corp Correlation against competitors.

Latest Atlassian Corp's Payables Turnover Growth Pattern

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

Atlassian Payables Turnover Regression Statistics

Arithmetic Mean11.65
Geometric Mean9.08
Coefficient Of Variation82.67
Mean Deviation7.29
Median8.41
Standard Deviation9.63
Sample Variance92.75
Range25.8867
R-Value(0.76)
Mean Square Error41.43
R-Squared0.59
Significance0.0009
Slope(1.65)
Total Sum of Squares1,299

Atlassian Payables Turnover History

2024 4.3
2023 4.53
2022 3.98
2021 5.73
2020 8.32
2019 8.75
2018 8.41

About Atlassian Corp Financial Statements

Atlassian Corp investors utilize fundamental indicators, such as Payables Turnover, to predict how Atlassian Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Payables Turnover 4.53  4.30 

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When determining whether Atlassian Corp Plc is a strong investment it is important to analyze Atlassian Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Atlassian Corp's future performance. For an informed investment choice regarding Atlassian Stock, refer to the following important reports:
Check out the analysis of Atlassian Corp Correlation against competitors.
You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
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 Atlassian Corp. If investors know Atlassian 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 Atlassian 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
1.722
Earnings Share
(1.53)
Revenue Per Share
17.587
Quarterly Revenue Growth
0.215
Return On Assets
(0.02)
The market value of Atlassian Corp Plc is measured differently than its book value, which is the value of Atlassian that is recorded on the company's balance sheet. Investors also form their own opinion of Atlassian Corp's value that differs from its market value or its book value, called intrinsic value, which is Atlassian 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 Atlassian Corp's market value can be influenced by many factors that don't directly affect Atlassian 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 Atlassian Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Atlassian Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Atlassian 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.