Data Payables Turnover from 2010 to 2024

DTST Stock  USD 3.92  0.13  3.43%   
Data Storage Payables Turnover yearly trend continues to be comparatively stable with very little volatility. Payables Turnover will likely drop to 3.34 in 2024. Payables Turnover is a liquidity ratio that shows how quickly Data Storage Corp pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
5.89636511
Current Value
3.34
Quarterly Volatility
1.57405168
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Data Storage financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Data Storage's main balance sheet or income statement drivers, such as Depreciation And Amortization of 760.9 K, Interest Expense of 70.8 K or Total Revenue of 26.2 M, as well as many indicators such as Price To Sales Ratio of 0.83, Dividend Yield of 0.0649 or PTB Ratio of 0.66. Data financial statements analysis is a perfect complement when working with Data Storage Valuation or Volatility modules.
  
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Latest Data Storage's Payables Turnover Growth Pattern

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

Data Payables Turnover Regression Statistics

Arithmetic Mean4.00
Geometric Mean3.69
Coefficient Of Variation39.33
Mean Deviation1.42
Median4.52
Standard Deviation1.57
Sample Variance2.48
Range4.4291
R-Value0.60
Mean Square Error1.71
R-Squared0.36
Significance0.02
Slope0.21
Total Sum of Squares34.69

Data Payables Turnover History

2024 3.34
2023 5.9
2022 4.92
2021 6.3
2020 5.54
2019 5.23
2018 5.49

About Data Storage Financial Statements

Data Storage shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although Data Storage investors may analyze each financial statement separately, they are all interrelated. The changes in Data Storage's assets and liabilities, for example, are also reflected in the revenues and expenses on on Data Storage'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 5.90  3.34 

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Additional Tools for Data Stock Analysis

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