Chardan Payables Turnover from 2010 to 2024

DFLI Stock  USD 3.09  0.47  13.20%   
Chardan NexTech's Payables Turnover is decreasing with slightly volatile movements from year to year. Payables Turnover is estimated to finish at 6.12 this year. Payables Turnover is a liquidity ratio that shows how quickly Chardan NexTech Acquisition pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
4.77149542
Current Value
6.12
Quarterly Volatility
1.7157663
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Chardan NexTech financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Chardan NexTech's main balance sheet or income statement drivers, such as Tax Provision of 755.8 K, Depreciation And Amortization of 809.3 K or Interest Expense of 16.8 M, as well as many indicators such as Price To Sales Ratio of 3.8, Dividend Yield of 0.0 or PTB Ratio of 8.77. Chardan financial statements analysis is a perfect complement when working with Chardan NexTech Valuation or Volatility modules.
  
Check out the analysis of Chardan NexTech Correlation against competitors.

Latest Chardan NexTech's Payables Turnover Growth Pattern

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

Chardan Payables Turnover Regression Statistics

Arithmetic Mean7.62
Geometric Mean7.40
Coefficient Of Variation22.50
Mean Deviation1.43
Median8.60
Standard Deviation1.72
Sample Variance2.94
Range4.3408
R-Value(0.72)
Mean Square Error1.52
R-Squared0.52
Significance0
Slope(0.28)
Total Sum of Squares41.21

Chardan Payables Turnover History

2024 6.12
2023 4.77
2022 4.62
2021 4.26

About Chardan NexTech Financial Statements

Investors use fundamental indicators, such as Chardan NexTech's Payables Turnover, to determine how well the company is positioned to perform in the future. Although Chardan NexTech'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
Payables Turnover 4.77  6.12 

Currently Active Assets on Macroaxis

When determining whether Chardan NexTech Acqu is a strong investment it is important to analyze Chardan NexTech's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Chardan NexTech's future performance. For an informed investment choice regarding Chardan Stock, refer to the following important reports:
Check out the analysis of Chardan NexTech Correlation against competitors.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Industrial Machinery & Supplies & Components 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 Chardan NexTech. If investors know Chardan 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 Chardan NexTech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(3.78)
Revenue Per Share
0.869
Quarterly Revenue Growth
(0.32)
Return On Assets
(0.14)
Return On Equity
(1.64)
The market value of Chardan NexTech Acqu is measured differently than its book value, which is the value of Chardan that is recorded on the company's balance sheet. Investors also form their own opinion of Chardan NexTech's value that differs from its market value or its book value, called intrinsic value, which is Chardan NexTech'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 Chardan NexTech's market value can be influenced by many factors that don't directly affect Chardan NexTech'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 Chardan NexTech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chardan NexTech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chardan NexTech'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.