Universal Payables Turnover from 2010 to 2024

UUU Stock  USD 2.22  0.01  0.45%   
Universal Security Payables Turnover yearly trend continues to be comparatively stable with very little volatility. Payables Turnover will likely drop to 5.65 in 2024. Payables Turnover is a liquidity ratio that shows how quickly Universal Security Instruments pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
5.94337236
Current Value
5.65
Quarterly Volatility
12.79931562
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Universal Security financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Universal Security's main balance sheet or income statement drivers, such as Depreciation And Amortization of 154.5 K, Interest Expense of 147.9 K or Total Revenue of 15.1 M, as well as many indicators such as Price To Sales Ratio of 0.18, Dividend Yield of 0.0 or PTB Ratio of 0.68. Universal financial statements analysis is a perfect complement when working with Universal Security Valuation or Volatility modules.
  
Check out the analysis of Universal Security Correlation against competitors.

Latest Universal Security's Payables Turnover Growth Pattern

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

Universal Payables Turnover Regression Statistics

Arithmetic Mean12.22
Geometric Mean8.66
Coefficient Of Variation104.74
Mean Deviation7.95
Median8.72
Standard Deviation12.80
Sample Variance163.82
Range52.0928
R-Value(0.51)
Mean Square Error130.91
R-Squared0.26
Significance0.05
Slope(1.45)
Total Sum of Squares2,294

Universal Payables Turnover History

2024 5.65
2023 5.94
2022 16.69
2021 5.29
2020 9.39
2019 14.3
2018 2.16

About Universal Security Financial Statements

Universal Security shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although Universal Security investors may analyze each financial statement separately, they are all interrelated. The changes in Universal Security's assets and liabilities, for example, are also reflected in the revenues and expenses on on Universal Security'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 5.94  5.65 

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Additional Tools for Universal Stock Analysis

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