Brooge Payables Turnover from 2010 to 2024

BROGW Stock  USD 0  0.0004  25.00%   
Brooge Energy Payables Turnover yearly trend continues to be fairly stable with very little volatility. Payables Turnover will likely drop to 0.93 in 2024. Payables Turnover is a liquidity ratio that shows how quickly Brooge Energy Limited pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
0.97893448
Current Value
0.93
Quarterly Volatility
1.41335954
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Brooge Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Brooge Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 16.4 M, Interest Expense of 11.6 M or Selling General Administrative of 15.7 M, as well as many indicators such as Price To Sales Ratio of 6.31, Ptb Ratio of 4.24 or Days Sales Outstanding of 6.2. Brooge financial statements analysis is a perfect complement when working with Brooge Energy Valuation or Volatility modules.
  
Check out the analysis of Brooge Energy Correlation against competitors.

Latest Brooge Energy's Payables Turnover Growth Pattern

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

Brooge Payables Turnover Regression Statistics

Arithmetic Mean1.73
Geometric Mean1.41
Coefficient Of Variation81.50
Mean Deviation0.92
Median1.24
Standard Deviation1.41
Sample Variance2.00
Range5.7462
R-Value0.16
Mean Square Error2.10
R-Squared0.03
Significance0.57
Slope0.05
Total Sum of Squares27.97

Brooge Payables Turnover History

2024 0.93
2023 0.98
2022 2.51
2021 1.64
2020 3.47
2019 0.39
2018 6.14

About Brooge Energy Financial Statements

Brooge Energy investors use historical fundamental indicators, such as Brooge Energy's Payables Turnover, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Brooge Energy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 0.98  0.93 

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Additional Tools for Brooge Stock Analysis

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