Virtus Payables Turnover from 2010 to 2024

VRTS Stock  USD 239.70  2.97  1.22%   
Virtus Investment Payables Turnover yearly trend continues to be comparatively stable with very little volatility. Payables Turnover will likely drop to 10.26 in 2024. Payables Turnover is a liquidity ratio that shows how quickly Virtus Investment Partners, pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
10.44333781
Current Value
10.26
Quarterly Volatility
3.29621697
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Virtus Investment financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Virtus Investment's main balance sheet or income statement drivers, such as Depreciation And Amortization of 71.9 M, Interest Expense of 31 M or Selling General Administrative of 70.2 M, as well as many indicators such as Price To Sales Ratio of 3.56, Dividend Yield of 0.0166 or PTB Ratio of 3.56. Virtus financial statements analysis is a perfect complement when working with Virtus Investment Valuation or Volatility modules.
  
Check out the analysis of Virtus Investment Correlation against competitors.

Latest Virtus Investment's Payables Turnover Growth Pattern

Below is the plot of the Payables Turnover of Virtus Investment Partners, 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. Virtus Investment's Payables Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Virtus Investment's overall financial position and show how it may be relating to other accounts over time.
Payables Turnover10 Years Trend
Pretty Stable
   Payables Turnover   
       Timeline  

Virtus Payables Turnover Regression Statistics

Arithmetic Mean8.58
Geometric Mean7.99
Coefficient Of Variation38.43
Mean Deviation2.77
Median8.54
Standard Deviation3.30
Sample Variance10.87
Range11.1387
R-Value0.12
Mean Square Error11.52
R-Squared0.02
Significance0.66
Slope0.09
Total Sum of Squares152.11

Virtus Payables Turnover History

2024 10.26
2023 10.44
2022 11.18
2021 7.39
2020 10.54
2019 10.32
2018 8.54

About Virtus Investment Financial Statements

Virtus Investment shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although Virtus Investment investors may analyze each financial statement separately, they are all interrelated. The changes in Virtus Investment's assets and liabilities, for example, are also reflected in the revenues and expenses on on Virtus Investment'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 10.44  10.26 

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Additional Tools for Virtus Stock Analysis

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