Electra Payables Turnover from 2010 to 2024

ELBM Stock  USD 0.41  0.02  4.42%   
Electra Battery Payables Turnover yearly trend continues to be very stable with very little volatility. Payables Turnover is likely to grow to 0.01 this year. Payables Turnover is a liquidity ratio that shows how quickly Electra Battery Materials pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
0.00634345
Current Value
0.006661
Quarterly Volatility
0.00209921
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Electra Battery financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Electra Battery's main balance sheet or income statement drivers, such as Depreciation And Amortization of 7.6 K, Selling General Administrative of 4.9 M or Other Operating Expenses of 8.8 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 0.28. Electra financial statements analysis is a perfect complement when working with Electra Battery Valuation or Volatility modules.
  
Check out the analysis of Electra Battery Correlation against competitors.

Latest Electra Battery's Payables Turnover Growth Pattern

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

Electra Payables Turnover Regression Statistics

Arithmetic Mean0
Geometric Mean0.0009
Coefficient Of Variation141.06
Mean Deviation0
Median0.0006
Standard Deviation0
Sample Variance0.00000441
Range0.0061
R-Value0.66
Mean Square Error0.00000265
R-Squared0.44
Significance0.01
Slope0.0003
Total Sum of Squares0.000062

Electra Payables Turnover History

2024 0.006661
2023 0.006343
2022 0.002546

About Electra Battery Financial Statements

Electra Battery investors utilize fundamental indicators, such as Payables Turnover, to predict how Electra Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Payables Turnover 0.01  0.01 

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When determining whether Electra Battery Materials is a strong investment it is important to analyze Electra Battery'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 Electra Battery's future performance. For an informed investment choice regarding Electra Stock, refer to the following important reports:
Check out the analysis of Electra Battery Correlation against competitors.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Diversified Metals & Mining 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 Electra Battery. If investors know Electra 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 Electra Battery listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.01)
Return On Assets
(0.04)
Return On Equity
(0.78)
The market value of Electra Battery Materials is measured differently than its book value, which is the value of Electra that is recorded on the company's balance sheet. Investors also form their own opinion of Electra Battery's value that differs from its market value or its book value, called intrinsic value, which is Electra Battery'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 Electra Battery's market value can be influenced by many factors that don't directly affect Electra Battery'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 Electra Battery's value and its price as these two are different measures arrived at by different means. Investors typically determine if Electra Battery is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Electra Battery'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.