CNEY Payables Turnover from 2010 to 2024

CNEY Stock  USD 0.51  0.19  59.38%   
CN Energy Payables Turnover yearly trend continues to be fairly stable with very little volatility. Payables Turnover will likely drop to 2.78 in 2024. Payables Turnover is a liquidity ratio that shows how quickly CN Energy Group pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
4.09
Current Value
2.78
Quarterly Volatility
2.69843706
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check CN Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CN Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.6 M, Interest Expense of 860.3 K or Selling General Administrative of 6.9 M, as well as many indicators such as Price To Sales Ratio of 0.12, Dividend Yield of 0.0 or PTB Ratio of 0.0682. CNEY financial statements analysis is a perfect complement when working with CN Energy Valuation or Volatility modules.
  
Check out the analysis of CN Energy Correlation against competitors.

Latest CN Energy's Payables Turnover Growth Pattern

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

CNEY Payables Turnover Regression Statistics

Arithmetic Mean2.16
Geometric Mean0.90
Coefficient Of Variation124.87
Mean Deviation2.03
Median1.03
Standard Deviation2.70
Sample Variance7.28
Range9.4849
R-Value0.68
Mean Square Error4.20
R-Squared0.46
Significance0.01
Slope0.41
Total Sum of Squares101.94

CNEY Payables Turnover History

2024 2.78
2023 4.09
2022 4.55
2021 4.88
2020 9.7
2019 1.89
2018 2.01

About CN Energy Financial Statements

CN Energy investors use historical fundamental indicators, such as CN 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 CN Energy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 4.09  2.78 

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Additional Tools for CNEY Stock Analysis

When running CN Energy's price analysis, check to measure CN 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 CN Energy is operating at the current time. Most of CN Energy's value examination focuses on studying past and present price action to predict the probability of CN 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 CN Energy's price. Additionally, you may evaluate how the addition of CN Energy to your portfolios can decrease your overall portfolio volatility.