Grindr Payables Turnover from 2010 to 2024

GRND Stock   17.72  0.41  2.37%   
Grindr's Payables Turnover is decreasing over the years with slightly volatile fluctuation. Overall, Payables Turnover is expected to go to 26.66 this year. Payables Turnover is a liquidity ratio that shows how quickly Grindr 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
19.13159387
Current Value
26.66
Quarterly Volatility
16.56126686
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Grindr financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Grindr's main balance sheet or income statement drivers, such as Depreciation And Amortization of 35.8 M, Interest Expense of 26.5 M or Selling General Administrative of 46.7 M, as well as many indicators such as Price To Sales Ratio of 8.54, Dividend Yield of 0.22 or Days Sales Outstanding of 36.8. Grindr financial statements analysis is a perfect complement when working with Grindr Valuation or Volatility modules.
  
Check out the analysis of Grindr Correlation against competitors.

Latest Grindr's Payables Turnover Growth Pattern

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

Grindr Payables Turnover Regression Statistics

Arithmetic Mean43.63
Geometric Mean38.86
Coefficient Of Variation37.96
Mean Deviation13.86
Median53.08
Standard Deviation16.56
Sample Variance274.28
Range43.6409
R-Value(0.73)
Mean Square Error137.62
R-Squared0.53
Significance0
Slope(2.71)
Total Sum of Squares3,840

Grindr Payables Turnover History

2024 26.66
2023 19.13
2022 9.44
2021 15.33

About Grindr Financial Statements

Grindr stakeholders use historical fundamental indicators, such as Grindr's Payables Turnover, to determine how well the company is positioned to perform in the future. Although Grindr investors may analyze each financial statement separately, they are all interrelated. For example, changes in Grindr's assets and liabilities are reflected in the revenues and expenses on Grindr'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 Grindr Inc. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 19.13  26.66 

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When determining whether Grindr Inc is a strong investment it is important to analyze Grindr'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 Grindr's future performance. For an informed investment choice regarding Grindr Stock, refer to the following important reports:
Check out the analysis of Grindr Correlation against competitors.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Is Application Software 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 Grindr. If investors know Grindr 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 Grindr 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
(0.12)
Earnings Share
(0.30)
Revenue Per Share
1.819
Quarterly Revenue Growth
0.271
Return On Assets
0.1273
The market value of Grindr Inc is measured differently than its book value, which is the value of Grindr that is recorded on the company's balance sheet. Investors also form their own opinion of Grindr's value that differs from its market value or its book value, called intrinsic value, which is Grindr'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 Grindr's market value can be influenced by many factors that don't directly affect Grindr'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 Grindr's value and its price as these two are different measures arrived at by different means. Investors typically determine if Grindr is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Grindr'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.