Elutia Payables Turnover from 2010 to 2024

ELUT Stock   4.84  1.31  37.11%   
Elutia Payables Turnover yearly trend continues to be comparatively stable with very little volatility. Payables Turnover will likely drop to 5.69 in 2024. Payables Turnover is a liquidity ratio that shows how quickly Elutia Inc pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
5.99212254
Current Value
5.69
Quarterly Volatility
3.60163177
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Elutia financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Elutia's main balance sheet or income statement drivers, such as Tax Provision of 38.1 K, Interest Expense of 6 M or Selling General Administrative of 12.8 M, as well as many indicators such as Price To Sales Ratio of 2.98, Dividend Yield of 0.0 or Days Sales Outstanding of 79.11. Elutia financial statements analysis is a perfect complement when working with Elutia Valuation or Volatility modules.
  
Check out the analysis of Elutia Correlation against competitors.

Latest Elutia's Payables Turnover Growth Pattern

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

Elutia Payables Turnover Regression Statistics

Arithmetic Mean12.62
Geometric Mean12.02
Coefficient Of Variation28.53
Mean Deviation3.00
Median14.53
Standard Deviation3.60
Sample Variance12.97
Range12.2417
R-Value(0.66)
Mean Square Error7.82
R-Squared0.44
Significance0.01
Slope(0.53)
Total Sum of Squares181.60

Elutia Payables Turnover History

2024 5.69
2023 5.99
2022 8.89
2021 17.93
2020 10.77
2019 9.28

About Elutia Financial Statements

Elutia shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although Elutia investors may analyze each financial statement separately, they are all interrelated. The changes in Elutia's assets and liabilities, for example, are also reflected in the revenues and expenses on on Elutia'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 5.99  5.69 

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Additional Tools for Elutia Stock Analysis

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