Utz Payables Turnover from 2010 to 2024

UTZ Stock  USD 17.41  0.38  2.23%   
Utz Brands Payables Turnover yearly trend continues to be fairly stable with very little volatility. Payables Turnover will likely drop to 7.50 in 2024. Payables Turnover is a liquidity ratio that shows how quickly Utz Brands pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
7.89436399
Current Value
7.5
Quarterly Volatility
1.1 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Utz Brands financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Utz Brands' main balance sheet or income statement drivers, such as Tax Provision of 794.9 K, Interest Income of 52.8 M or Depreciation And Amortization of 49.6 M, as well as many indicators such as Price To Sales Ratio of 1.18, Dividend Yield of 0.0153 or PTB Ratio of 1.4. Utz financial statements analysis is a perfect complement when working with Utz Brands Valuation or Volatility modules.
  
Check out the analysis of Utz Brands Correlation against competitors.
For more information on how to buy Utz Stock please use our How to Invest in Utz Brands guide.

Latest Utz Brands' Payables Turnover Growth Pattern

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

Utz Payables Turnover Regression Statistics

Arithmetic Mean300.40
Geometric Mean12.59
Coefficient Of Variation376.61
Mean Deviation545.27
Median8.39
Standard Deviation1,131
Sample Variance1.3M
Range4.4K
R-Value0.06
Mean Square Error1.4M
R-Squared0
Significance0.83
Slope15.62
Total Sum of Squares17.9M

Utz Payables Turnover History

2024 7.5
2023 7.89
2018 4389.9

About Utz Brands Financial Statements

Utz Brands investors use historical fundamental indicators, such as Utz Brands' 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 Utz Brands. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 7.89  7.50 

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Additional Tools for Utz Stock Analysis

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