Api Group Corp

NYSE APG

Data sourced from iex and EODHD
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Api Group Corp Payables Turnover 3 year CAGR for the Trailing 12 Months (TTM) ending March 31, 2024: -12.44%

Api Group Corp Payables Turnover 3 year CAGR is -12.44% for the Trailing 12 Months (TTM) ending March 31, 2024, a 37.50% change year over year. Payables turnover measures the efficiency with which a company manages its accounts payable. It is calculated by dividing the cost of revenue by the accounts payable. This ratio indicates how quickly a company pays off its obligations to suppliers and vendors. A higher turnover suggests that the company is efficiently managing its accounts payable, while a lower ratio may indicate a slower payment process or potential liquidity issues. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • Api Group Corp Payables Turnover for the Trailing 12 Months (TTM) ending March 31, 2023 was 2.44, a -32.12% change year over year.
  • Api Group Corp Payables Turnover for the Trailing 12 Months (TTM) ending March 31, 2022 was 3.59, a -20.50% change year over year.
  • Api Group Corp Payables Turnover for the Trailing 12 Months (TTM) ending March 31, 2021 was 4.52, a -4.79% change year over year.
  • Api Group Corp Payables Turnover for the Trailing 12 Months (TTM) ending March 31, 2020 was 4.75.
NYSE: APG

Api Group Corp

CEO Mr. Russell A. Becker
IPO Date April 29, 2020
Location United States
Headquarters 1100 Old Highway 8 NW, New Brighton, MN, United States, 55112
Employees 29,000
Sector Industrials
Industry Engineering & construction
Description

APi Group Corporation provides safety and specialty services worldwide. It operates through Safety Services and Specialty Services segments. The Safety Services segment offers solutions focusing on end-to-end integrated occupancy systems, such as fire protection services; heating, ventilation, and air conditioning solutions; and entry systems, which include the design, installation, inspection, and service of these integrated systems. The Specialty Services segment provides various infrastructure and specialized industrial plant services, including maintenance and repair of underground electric, gas, water, sewer, and telecommunications infrastructure. This segment also offers engineering and design, fabrication, installation, maintenance service and repair, retrofitting and upgrading services, pipeline infrastructure, access and road construction, supporting facilities, and integrity management and maintenance to the energy industry. It serves customers in the public and private sectors, including commercial, industrial, distribution and fulfillment centers, manufacturing, education, healthcare, telecom, utilities, transmission and integrity, high tech, entertainment, government, and infrastructure markets. The company was formerly known as J2 Acquisition Limited and changed its name to APi Group Corporation in October 2019. APi Group Corporation was founded in 1926 and is headquartered in New Brighton, Minnesota.

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StockViz Staff

September 20, 2024

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