Wolverine Payables Turnover from 2010 to 2024

WWW Stock  USD 23.51  0.17  0.72%   
Wolverine World Payables Turnover yearly trend continues to be fairly stable with very little volatility. Payables Turnover will likely drop to 6.48 in 2024. Payables Turnover is a liquidity ratio that shows how quickly Wolverine World Wide pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
6.82
Current Value
6.48
Quarterly Volatility
3.8484412
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Wolverine World financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Wolverine World's main balance sheet or income statement drivers, such as Depreciation And Amortization of 25 M, Interest Expense of 60.3 M or Total Revenue of 1.3 B, as well as many indicators such as Price To Sales Ratio of 0.28, Dividend Yield of 0.0356 or PTB Ratio of 1.84. Wolverine financial statements analysis is a perfect complement when working with Wolverine World Valuation or Volatility modules.
  
Check out the analysis of Wolverine World Correlation against competitors.

Latest Wolverine World's Payables Turnover Growth Pattern

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

Wolverine Payables Turnover Regression Statistics

Arithmetic Mean7.96
Geometric Mean7.39
Coefficient Of Variation48.37
Mean Deviation2.68
Median6.24
Standard Deviation3.85
Sample Variance14.81
Range12.9622
R-Value(0.59)
Mean Square Error10.49
R-Squared0.34
Significance0.02
Slope(0.50)
Total Sum of Squares207.35

Wolverine Payables Turnover History

2024 6.48
2023 6.82
2022 5.93
2016 10.18
2012 6.24
2011 14.93
2010 18.89

About Wolverine World Financial Statements

Wolverine World investors use historical fundamental indicators, such as Wolverine World's 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 Wolverine World. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 6.82  6.48 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Wolverine Stock Analysis

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