Kuke Days Payables Outstanding from 2010 to 2024

KUKE Stock  USD 0.36  0.04  10.00%   
Kuke Music's Days Payables Outstanding is decreasing over the years with slightly volatile fluctuation. Overall, Days Payables Outstanding is expected to go to 271.61 this year. During the period from 2010 to 2024 Kuke Music Days Payables Outstanding annual values regression line had geometric mean of  273.83 and mean square error of  4,909. View All Fundamentals
 
Days Payables Outstanding  
First Reported
2010-12-31
Previous Quarter
225.54520285
Current Value
271.61
Quarterly Volatility
79.27808418
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Kuke Music financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Kuke Music's main balance sheet or income statement drivers, such as Tax Provision of 5.7 K, Interest Income of 8.6 K or Depreciation And Amortization of 17.6 M, as well as many indicators such as Price To Sales Ratio of 2.03, Dividend Yield of 0.0 or PTB Ratio of 5.91. Kuke financial statements analysis is a perfect complement when working with Kuke Music Valuation or Volatility modules.
  
Check out the analysis of Kuke Music Correlation against competitors.

Latest Kuke Music's Days Payables Outstanding Growth Pattern

Below is the plot of the Days Payables Outstanding of Kuke Music Holding over the last few years. It is Kuke Music's Days Payables Outstanding historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Kuke Music's overall financial position and show how it may be relating to other accounts over time.
Days Payables Outstanding10 Years Trend
Slightly volatile
   Days Payables Outstanding   
       Timeline  

Kuke Days Payables Outstanding Regression Statistics

Arithmetic Mean287.96
Geometric Mean273.83
Coefficient Of Variation27.53
Mean Deviation58.34
Median320.78
Standard Deviation79.28
Sample Variance6,285
Range335
R-Value(0.52)
Mean Square Error4,909
R-Squared0.27
Significance0.04
Slope(9.29)
Total Sum of Squares87,990

Kuke Days Payables Outstanding History

2024 271.61
2023 225.55
2022 167.22
2021 94.72
2020 243.15
2019 430.1

About Kuke Music Financial Statements

Kuke Music stakeholders use historical fundamental indicators, such as Kuke Music's Days Payables Outstanding, to determine how well the company is positioned to perform in the future. Although Kuke Music investors may analyze each financial statement separately, they are all interrelated. For example, changes in Kuke Music's assets and liabilities are reflected in the revenues and expenses on Kuke Music'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 Kuke Music Holding. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Payables Outstanding 225.55  271.61 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Kuke Music Holding is a strong investment it is important to analyze Kuke Music'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 Kuke Music's future performance. For an informed investment choice regarding Kuke Stock, refer to the following important reports:
Check out the analysis of Kuke Music Correlation against competitors.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Movies & Entertainment 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 Kuke Music. If investors know Kuke 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 Kuke Music 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
1.261
Earnings Share
(0.28)
Revenue Per Share
3.174
Quarterly Revenue Growth
0.037
Return On Assets
(0.09)
The market value of Kuke Music Holding is measured differently than its book value, which is the value of Kuke that is recorded on the company's balance sheet. Investors also form their own opinion of Kuke Music's value that differs from its market value or its book value, called intrinsic value, which is Kuke Music'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 Kuke Music's market value can be influenced by many factors that don't directly affect Kuke Music'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 Kuke Music's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kuke Music is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kuke Music'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.