Empire Payables Turnover from 2010 to 2024

OGCP Stock  USD 9.11  0.08  0.87%   
Empire State Payables Turnover yearly trend continues to be relatively stable with very little volatility. Payables Turnover is likely to grow to 12.57 this year. Payables Turnover is a liquidity ratio that shows how quickly Empire State Realty pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
11.97507302
Current Value
12.57
Quarterly Volatility
3.80419008
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Empire State financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Empire State's main balance sheet or income statement drivers, such as Depreciation And Amortization of 142.2 M, Interest Expense of 78.7 M or Total Revenue of 581.7 M, as well as many indicators such as Price To Sales Ratio of 3.98, Dividend Yield of 0.0164 or PTB Ratio of 1.66. Empire financial statements analysis is a perfect complement when working with Empire State Valuation or Volatility modules.
  
Check out the analysis of Empire State Correlation against competitors.

Latest Empire State's Payables Turnover Growth Pattern

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

Empire Payables Turnover Regression Statistics

Arithmetic Mean5.20
Geometric Mean4.15
Coefficient Of Variation73.11
Mean Deviation3.23
Median3.17
Standard Deviation3.80
Sample Variance14.47
Range10.7944
R-Value0.51
Mean Square Error11.60
R-Squared0.26
Significance0.05
Slope0.43
Total Sum of Squares202.61

Empire Payables Turnover History

2024 12.57
2023 11.98
2022 9.76
2021 6.71
2020 2.82
2019 2.32
2018 2.44

About Empire State Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Empire State income statement, its balance sheet, and the statement of cash flows. Empire State investors use historical funamental indicators, such as Empire State's Payables Turnover, to determine how well the company is positioned to perform in the future. Although Empire State investors may use each financial statement separately, they are all related. The changes in Empire State's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Empire State's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Empire State Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Empire State. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 11.98  12.57 

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Additional Tools for Empire Stock Analysis

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