Joby Payables Turnover from 2010 to 2024

JOBY Stock  USD 8.00  0.10  1.27%   
Joby Aviation Payables Turnover yearly trend continues to be fairly stable with very little volatility. Payables Turnover will likely drop to 0.06 in 2024. Payables Turnover is a liquidity ratio that shows how quickly Joby Aviation pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
0.0665336
Current Value
0.0632
Quarterly Volatility
1.02995682
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Joby Aviation financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Joby Aviation's main balance sheet or income statement drivers, such as Tax Provision of 145.9 K, Net Interest Income of 47.8 M or Interest Income of 47.8 M, as well as many indicators such as Price To Sales Ratio of 3.3 K, Dividend Yield of 0.0 or PTB Ratio of 4.37. Joby financial statements analysis is a perfect complement when working with Joby Aviation Valuation or Volatility modules.
  
Check out the analysis of Joby Aviation Correlation against competitors.
For more information on how to buy Joby Stock please use our How to Invest in Joby Aviation guide.

Latest Joby Aviation's Payables Turnover Growth Pattern

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

Joby Payables Turnover Regression Statistics

Arithmetic Mean1.61
Geometric Mean1.11
Coefficient Of Variation63.97
Mean Deviation0.57
Median1.50
Standard Deviation1.03
Sample Variance1.06
Range4.3204
R-Value0.01
Mean Square Error1.14
R-Squared0.0002
Significance0.96
Slope0
Total Sum of Squares14.85

Joby Payables Turnover History

2024 0.0632
2023 0.0665
2022 3.11
2021 4.38

About Joby Aviation Financial Statements

Joby Aviation investors use historical fundamental indicators, such as Joby Aviation's Payables Turnover, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Joby Aviation. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 0.07  0.06 

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Additional Tools for Joby Stock Analysis

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