Galectin Payables Turnover from 2010 to 2024

GALT Stock  USD 1.04  0.96  48.00%   
Galectin Therapeutics Payables Turnover yearly trend continues to be comparatively stable with very little volatility. Payables Turnover will likely drop to 0 in 2024. Payables Turnover is a liquidity ratio that shows how quickly Galectin Therapeutics pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
0.00513139
Current Value
0.004875
Quarterly Volatility
5.34865689
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Galectin Therapeutics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Galectin Therapeutics' main balance sheet or income statement drivers, such as Depreciation And Amortization of 40 M, Interest Expense of 2.7 M or Selling General Administrative of 5.3 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0016 or Days Sales Outstanding of 0.0. Galectin financial statements analysis is a perfect complement when working with Galectin Therapeutics Valuation or Volatility modules.
  
Check out the analysis of Galectin Therapeutics Correlation against competitors.
For more information on how to buy Galectin Stock please use our How to Invest in Galectin Therapeutics guide.

Latest Galectin Therapeutics' Payables Turnover Growth Pattern

Below is the plot of the Payables Turnover of Galectin Therapeutics 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. Galectin Therapeutics' Payables Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Galectin Therapeutics' overall financial position and show how it may be relating to other accounts over time.
Payables Turnover10 Years Trend
Slightly volatile
   Payables Turnover   
       Timeline  

Galectin Payables Turnover Regression Statistics

Arithmetic Mean1.40
Geometric Mean0.02
Coefficient Of Variation383.36
Mean Deviation2.58
Median0.02
Standard Deviation5.35
Sample Variance28.61
Range20.7278
R-Value(0.43)
Mean Square Error25.03
R-Squared0.19
Significance0.11
Slope(0.52)
Total Sum of Squares400.51

Galectin Payables Turnover History

2024 0.004875
2023 0.005131
2022 0.008226
2021 0.0227
2020 0.0279
2018 0.0211
2017 0.001645

About Galectin Therapeutics Financial Statements

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

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Additional Tools for Galectin Stock Analysis

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