Zscaler Payables Turnover from 2010 to 2024

ZS Stock  USD 206.59  1.63  0.80%   
Zscaler Payables Turnover yearly trend continues to be comparatively stable with very little volatility. Payables Turnover will likely drop to 11.14 in 2024. Payables Turnover is a liquidity ratio that shows how quickly Zscaler pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
20.46973272
Current Value
11.14
Quarterly Volatility
5.43000184
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Zscaler financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Zscaler's main balance sheet or income statement drivers, such as Tax Provision of 29.9 M, Interest Income of 114.6 M or Depreciation And Amortization of 60.2 M, as well as many indicators such as Price To Sales Ratio of 11.76, Dividend Yield of 0.0 or PTB Ratio of 20.0. Zscaler financial statements analysis is a perfect complement when working with Zscaler Valuation or Volatility modules.
  
Check out the analysis of Zscaler Correlation against competitors.
For more information on how to buy Zscaler Stock please use our How to Invest in Zscaler guide.

Latest Zscaler's Payables Turnover Growth Pattern

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

Zscaler Payables Turnover Regression Statistics

Arithmetic Mean15.51
Geometric Mean14.49
Coefficient Of Variation35.01
Mean Deviation4.96
Median18.29
Standard Deviation5.43
Sample Variance29.48
Range13.2857
R-Value(0.39)
Mean Square Error26.93
R-Squared0.15
Significance0.15
Slope(0.47)
Total Sum of Squares412.79

Zscaler Payables Turnover History

2024 11.14
2023 20.47
2022 19.63
2021 9.26
2020 11.98
2019 18.29
2018 9.61

About Zscaler Financial Statements

Zscaler shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although Zscaler investors may analyze each financial statement separately, they are all interrelated. The changes in Zscaler's assets and liabilities, for example, are also reflected in the revenues and expenses on on Zscaler'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 20.47  11.14 

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Additional Tools for Zscaler Stock Analysis

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