FitLife Payables Turnover from 2010 to 2024

FTLF Stock  USD 33.60  1.50  4.67%   
FitLife Brands,'s Payables Turnover is decreasing over the last several years with stable swings. Payables Turnover is predicted to flatten to 5.30. Payables Turnover is a liquidity ratio that shows how quickly FitLife Brands, Common pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
9.58846979
Current Value
5.3
Quarterly Volatility
3.87620451
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check FitLife Brands, financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among FitLife Brands,'s main balance sheet or income statement drivers, such as Interest Expense of 1.1 M, Other Operating Expenses of 47.4 M or Operating Income of 7.9 M, as well as many indicators such as Price To Sales Ratio of 1.55, Dividend Yield of 0.0035 or PTB Ratio of 3.33. FitLife financial statements analysis is a perfect complement when working with FitLife Brands, Valuation or Volatility modules.
  
Check out the analysis of FitLife Brands, Correlation against competitors.

Latest FitLife Brands,'s Payables Turnover Growth Pattern

Below is the plot of the Payables Turnover of FitLife Brands, Common 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. FitLife Brands,'s Payables Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in FitLife Brands,'s overall financial position and show how it may be relating to other accounts over time.
Payables Turnover10 Years Trend
Pretty Stable
   Payables Turnover   
       Timeline  

FitLife Payables Turnover Regression Statistics

Arithmetic Mean6.88
Geometric Mean5.61
Coefficient Of Variation56.30
Mean Deviation3.20
Median5.60
Standard Deviation3.88
Sample Variance15.02
Range15.2418
R-Value(0.20)
Mean Square Error15.53
R-Squared0.04
Significance0.47
Slope(0.17)
Total Sum of Squares210.35

FitLife Payables Turnover History

2024 5.3
2023 9.59
2022 5.6
2021 5.35
2020 3.8
2019 5.69
2018 3.93

About FitLife Brands, Financial Statements

FitLife Brands, stakeholders use historical fundamental indicators, such as FitLife Brands,'s Payables Turnover, to determine how well the company is positioned to perform in the future. Although FitLife Brands, investors may analyze each financial statement separately, they are all interrelated. For example, changes in FitLife Brands,'s assets and liabilities are reflected in the revenues and expenses on FitLife Brands,'s income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in FitLife Brands, Common. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 9.59  5.30 

Currently Active Assets on Macroaxis

When determining whether FitLife Brands, Common is a strong investment it is important to analyze FitLife Brands,'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 FitLife Brands,'s future performance. For an informed investment choice regarding FitLife Stock, refer to the following important reports:
Check out the analysis of FitLife Brands, Correlation against competitors.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Personal Care Products 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 FitLife Brands,. If investors know FitLife 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 FitLife Brands, listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.325
Earnings Share
1.62
Revenue Per Share
13.316
Quarterly Revenue Growth
0.147
Return On Assets
0.1414
The market value of FitLife Brands, Common is measured differently than its book value, which is the value of FitLife that is recorded on the company's balance sheet. Investors also form their own opinion of FitLife Brands,'s value that differs from its market value or its book value, called intrinsic value, which is FitLife Brands,'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 FitLife Brands,'s market value can be influenced by many factors that don't directly affect FitLife Brands,'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 FitLife Brands,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if FitLife Brands, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FitLife Brands,'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.