Shopify

Shopify Payables Turnover

The Payables Turnover Ratio of Shopify (SHOP) as of Nov 14, 2026 is 10.75. In the previous year, Payables Turnover Ratio was 12.24 — a change of -12.19% (lower).

Payables Turnover

10.75

YoY

-12.19%

Last updated:

Payables Turnover Ratio of Shopify is 2025 10.75 . Payables Turnover Ratio of Shopify was 2024 12.24 . It decreases by -12.19% lower compared to the previous year.

The Shopify Payables Turnover history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Payables Turnover
Date
Payables Turnover
Jan 1, 2018
7.78 USD
Jan 1, 2019
7.87 USD
Jan 1, 2020
8.23 USD
Jan 1, 2021
7.50 USD
Jan 1, 2022
7.82 USD
Jan 1, 2023
9.74 USD
Jan 1, 2024
12.24 USD
Jan 1, 2025
10.75 USD
The Shopify Payables Turnover history
YEARPayables TurnoverYoY
10.75-12.19%
12.24+25.73%
9.74+24.56%
7.82+4.22%
7.50-8.80%
8.23+4.51%
7.87+1.12%
7.78+17.76%
6.61+26.15%
5.24+2.69%
5.10-3.36%
5.28—

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Shopify Stock analysis

What does Shopify do? Shopify Inc. is a Canadian e-commerce company that provides online shops for small and medium-sized businesses. It was founded in 2006 by Tobias Lütke, Daniel Weinand, and Scott Lake and has been listed on the New York Stock Exchange since 2015. Shopify is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Shopify stock

Payables Turnover Ratio of Shopify is 10.75 in 2025.

Payables Turnover Ratio of Shopify changed from 12.24 to 10.75, representing a -12.19% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Payables Turnover Ratio Shopify since 2006 – with annual values, charts, and detailed analysis.

Payables turnover measures how quickly a company pays its suppliers. Lower turnover may indicate better payment terms or cash flow management.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Payables Turnover Ratio's Shopify with sector peers and the industry average to assess whether it is attractive.

To evaluate Payables Turnover Ratio's, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Payables Turnover Ratio.

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Profitability — Shopify

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