Trio Payables Turnover from 2010 to 2024

TRT Stock  USD 5.91  0.23  3.75%   
Trio Tech Payables Turnover yearly trend continues to be comparatively stable with very little volatility. Payables Turnover will likely drop to 7.53 in 2024. Payables Turnover is a liquidity ratio that shows how quickly Trio Tech International pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
9.93700787
Current Value
7.53
Quarterly Volatility
3.26284437
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Trio Tech financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Trio Tech's main balance sheet or income statement drivers, such as Total Revenue of 33.8 M, Gross Profit of 9.2 M or Operating Income of 569.6 K, as well as many indicators such as Price To Sales Ratio of 0.5, Dividend Yield of 6.0E-4 or PTB Ratio of 1.09. Trio financial statements analysis is a perfect complement when working with Trio Tech Valuation or Volatility modules.
  
Check out the analysis of Trio Tech Correlation against competitors.

Latest Trio Tech's Payables Turnover Growth Pattern

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

Trio Payables Turnover Regression Statistics

Arithmetic Mean9.33
Geometric Mean8.92
Coefficient Of Variation34.95
Mean Deviation2.08
Median8.84
Standard Deviation3.26
Sample Variance10.65
Range12.8743
R-Value0.51
Mean Square Error8.44
R-Squared0.26
Significance0.05
Slope0.37
Total Sum of Squares149.05

Trio Payables Turnover History

2024 7.53
2023 9.94
2022 19.0
2021 13.47
2020 6.7
2019 10.5
2018 9.23

About Trio Tech Financial Statements

Trio Tech shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although Trio Tech investors may analyze each financial statement separately, they are all interrelated. The changes in Trio Tech's assets and liabilities, for example, are also reflected in the revenues and expenses on on Trio Tech's 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 9.94  7.53 

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Additional Tools for Trio Stock Analysis

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