Senmiao Payables Turnover from 2010 to 2024

AIHS Stock  USD 0.89  0.05  5.32%   
Senmiao Technology Payables Turnover yearly trend continues to be comparatively stable with very little volatility. Payables Turnover will likely drop to 33.21 in 2024. Payables Turnover is a liquidity ratio that shows how quickly Senmiao Technology pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
34.95580173
Current Value
33.21
Quarterly Volatility
112.82798936
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Senmiao Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Senmiao Technology's main balance sheet or income statement drivers, such as Discontinued Operations of 10.8 M, Depreciation And Amortization of 1.4 M or Interest Expense of 44.4 K, as well as many indicators such as Price To Sales Ratio of 1.08, Dividend Yield of 0.0 or PTB Ratio of 9.47. Senmiao financial statements analysis is a perfect complement when working with Senmiao Technology Valuation or Volatility modules.
  
Check out the analysis of Senmiao Technology Correlation against competitors.
For more information on how to buy Senmiao Stock please use our How to Invest in Senmiao Technology guide.

Latest Senmiao Technology's Payables Turnover Growth Pattern

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

Senmiao Payables Turnover Regression Statistics

Arithmetic Mean57.55
Geometric Mean27.80
Coefficient Of Variation196.05
Mean Deviation62.53
Median17.08
Standard Deviation112.83
Sample Variance12,730
Range439
R-Value0.34
Mean Square Error12,097
R-Squared0.12
Significance0.21
Slope8.65
Total Sum of Squares178,222

Senmiao Payables Turnover History

2024 33.21
2023 34.96
2022 35.88
2021 450.72
2020 133.34
2019 32.57

About Senmiao Technology Financial Statements

Senmiao Technology shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although Senmiao Technology investors may analyze each financial statement separately, they are all interrelated. The changes in Senmiao Technology's assets and liabilities, for example, are also reflected in the revenues and expenses on on Senmiao Technology'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 34.96  33.21 

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Additional Tools for Senmiao Stock Analysis

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