Lakeside Payables Turnover from 2010 to 2024

LSH Stock   2.62  0.22  9.17%   
Lakeside Holding's Payables Turnover is increasing with stable movements from year to year. Payables Turnover is predicted to flatten to 9.40. Payables Turnover is a liquidity ratio that shows how quickly Lakeside Holding Limited pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
10.50619468
Current Value
9.4
Quarterly Volatility
1.08190523
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Lakeside Holding financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Lakeside Holding's main balance sheet or income statement drivers, such as Depreciation And Amortization of 162.5 K, Interest Expense of 110.5 K or Selling General Administrative of 2.8 M, as well as many indicators such as Price To Sales Ratio of 2.48, Dividend Yield of 0.0 or PTB Ratio of 34.83. Lakeside financial statements analysis is a perfect complement when working with Lakeside Holding Valuation or Volatility modules.
  
Check out the analysis of Lakeside Holding Correlation against competitors.

Latest Lakeside Holding's Payables Turnover Growth Pattern

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

Lakeside Payables Turnover Regression Statistics

Arithmetic Mean10.58
Geometric Mean10.54
Coefficient Of Variation10.22
Mean Deviation0.51
Median10.37
Standard Deviation1.08
Sample Variance1.17
Range4.9824
R-Value0.21
Mean Square Error1.21
R-Squared0.04
Significance0.46
Slope0.05
Total Sum of Squares16.39

Lakeside Payables Turnover History

2024 9.4
2023 10.51
2022 14.38

About Lakeside Holding Financial Statements

Investors use fundamental indicators, such as Lakeside Holding's Payables Turnover, to determine how well the company is positioned to perform in the future. Although Lakeside Holding's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Payables Turnover 10.51  9.40 

Currently Active Assets on Macroaxis

When determining whether Lakeside Holding offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Lakeside Holding's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Lakeside Holding Limited Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lakeside Holding Limited Stock:
Check out the analysis of Lakeside Holding Correlation against competitors.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Marine Transportation 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 Lakeside Holding. If investors know Lakeside 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 Lakeside Holding 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
(1.00)
Earnings Share
(0.17)
Revenue Per Share
3.053
Quarterly Revenue Growth
0.17
Return On Assets
(0.04)
The market value of Lakeside Holding is measured differently than its book value, which is the value of Lakeside that is recorded on the company's balance sheet. Investors also form their own opinion of Lakeside Holding's value that differs from its market value or its book value, called intrinsic value, which is Lakeside Holding'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 Lakeside Holding's market value can be influenced by many factors that don't directly affect Lakeside Holding'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 Lakeside Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lakeside Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lakeside Holding'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.