Biovie Days Payables Outstanding from 2010 to 2024

BIVI Stock  USD 2.59  0.11  4.07%   
Biovie's Days Payables Outstanding is increasing with stable movements from year to year. Days Payables Outstanding is estimated to finish at 5,993 this year. For the period between 2010 and 2024, Biovie, Days Payables Outstanding quarterly trend regression had mean deviation of  1,053 and range of 6 K. View All Fundamentals
 
Days Payables Outstanding  
First Reported
2010-12-31
Previous Quarter
5.7 K
Current Value
K
Quarterly Volatility
1.7 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Biovie financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Biovie's main balance sheet or income statement drivers, such as Depreciation And Amortization of 193.4 K, Interest Expense of 1.5 M or Selling General Administrative of 13.9 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.23 or PTB Ratio of 1.15. Biovie financial statements analysis is a perfect complement when working with Biovie Valuation or Volatility modules.
  
Check out the analysis of Biovie Correlation against competitors.

Latest Biovie's Days Payables Outstanding Growth Pattern

Below is the plot of the Days Payables Outstanding of Biovie Inc over the last few years. It is Biovie's Days Payables Outstanding historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Biovie's overall financial position and show how it may be relating to other accounts over time.
Days Payables Outstanding10 Years Trend
Pretty Stable
   Days Payables Outstanding   
       Timeline  

Biovie Days Payables Outstanding Regression Statistics

Arithmetic Mean2,051
Geometric Mean870.02
Coefficient Of Variation83.90
Mean Deviation1,053
Median2,100
Standard Deviation1,721
Sample Variance3M
Range6K
R-Value0.26
Mean Square Error3M
R-Squared0.07
Significance0.34
Slope100.92
Total Sum of Squares41.4M

Biovie Days Payables Outstanding History

2024 5993.12
2023 5707.73
2022 4.76
2021 3.76
2020 1585.5
2019 2003.73
2018 705.69

About Biovie Financial Statements

Investors use fundamental indicators, such as Biovie's Days Payables Outstanding, to determine how well the company is positioned to perform in the future. Although Biovie's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Days Payables Outstanding5.7 KK

Currently Active Assets on Macroaxis

When determining whether Biovie Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Biovie's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Biovie Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Biovie Inc Stock:
Check out the analysis of Biovie Correlation against competitors.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Biovie. If investors know Biovie will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Biovie listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(5.08)
Return On Assets
(0.67)
Return On Equity
(2.08)
The market value of Biovie Inc is measured differently than its book value, which is the value of Biovie that is recorded on the company's balance sheet. Investors also form their own opinion of Biovie's value that differs from its market value or its book value, called intrinsic value, which is Biovie's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Biovie's market value can be influenced by many factors that don't directly affect Biovie's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Biovie's value and its price as these two are different measures arrived at by different means. Investors typically determine if Biovie is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Biovie's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.