Cintas Payables Turnover from 2010 to 2025

CTAS Stock  USD 202.78  1.72  0.84%   
Cintas Payables Turnover yearly trend continues to be comparatively stable with very little volatility. Payables Turnover will likely drop to 10.12 in 2025. Payables Turnover is a liquidity ratio that shows how quickly Cintas pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
10.64918812
Current Value
10.12
Quarterly Volatility
4.33235964
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Cintas financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cintas' main balance sheet or income statement drivers, such as Depreciation And Amortization of 518.9 M, Interest Expense of 106.2 M or Selling General Administrative of 3 B, as well as many indicators such as Price To Sales Ratio of 9.28, Dividend Yield of 0.0068 or PTB Ratio of 20.49. Cintas financial statements analysis is a perfect complement when working with Cintas Valuation or Volatility modules.
  
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Latest Cintas' Payables Turnover Growth Pattern

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

Cintas Payables Turnover Regression Statistics

Arithmetic Mean17.33
Geometric Mean16.82
Coefficient Of Variation25.00
Mean Deviation3.13
Median16.65
Standard Deviation4.33
Sample Variance18.77
Range14.8988
R-Value(0.71)
Mean Square Error9.92
R-Squared0.51
Significance0
Slope(0.65)
Total Sum of Squares281.54

Cintas Payables Turnover History

2025 10.12
2024 10.65
2023 14.48
2022 15.36
2021 16.79
2020 16.47
2019 16.67

About Cintas Financial Statements

Cintas shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although Cintas investors may analyze each financial statement separately, they are all interrelated. The changes in Cintas' assets and liabilities, for example, are also reflected in the revenues and expenses on on Cintas' 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 10.65  10.12 

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Additional Tools for Cintas Stock Analysis

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