MicroAlgo Payables Turnover from 2010 to 2024

MLGO Stock   0.19  0.04  17.39%   
MicroAlgo Payables Turnover yearly trend continues to be very stable with very little volatility. Payables Turnover is likely to drop to 16.91. Payables Turnover is a liquidity ratio that shows how quickly MicroAlgo pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
19.39655747
Current Value
16.91
Quarterly Volatility
6.32365097
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check MicroAlgo financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MicroAlgo's main balance sheet or income statement drivers, such as Selling General Administrative of 21.1 M, Other Operating Expenses of 68 M or Total Operating Expenses of 62 M, as well as many indicators such as Price To Sales Ratio of 0.44, Dividend Yield of 0.0 or PTB Ratio of 0.79. MicroAlgo financial statements analysis is a perfect complement when working with MicroAlgo Valuation or Volatility modules.
  
Check out the analysis of MicroAlgo Correlation against competitors.
To learn how to invest in MicroAlgo Stock, please use our How to Invest in MicroAlgo guide.

Latest MicroAlgo's Payables Turnover Growth Pattern

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

MicroAlgo Payables Turnover Regression Statistics

Arithmetic Mean15.17
Geometric Mean14.29
Coefficient Of Variation41.68
Mean Deviation4.68
Median11.66
Standard Deviation6.32
Sample Variance39.99
Range21.7276
R-Value0.65
Mean Square Error24.78
R-Squared0.42
Significance0.01
Slope0.92
Total Sum of Squares559.84

MicroAlgo Payables Turnover History

2024 16.91
2023 19.4
2022 33.39
2021 24.12
2020 17.12

About MicroAlgo Financial Statements

MicroAlgo investors utilize fundamental indicators, such as Payables Turnover, to predict how MicroAlgo Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Payables Turnover 19.40  16.91 
When determining whether MicroAlgo offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MicroAlgo'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 Microalgo Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Microalgo Stock:
Check out the analysis of MicroAlgo Correlation against competitors.
To learn how to invest in MicroAlgo Stock, please use our How to Invest in MicroAlgo guide.
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 MicroAlgo. If investors know MicroAlgo 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 MicroAlgo 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
(0.90)
Earnings Share
(7.03)
Revenue Per Share
79.717
Quarterly Revenue Growth
0.081
Return On Assets
(0.11)
The market value of MicroAlgo is measured differently than its book value, which is the value of MicroAlgo that is recorded on the company's balance sheet. Investors also form their own opinion of MicroAlgo's value that differs from its market value or its book value, called intrinsic value, which is MicroAlgo'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 MicroAlgo's market value can be influenced by many factors that don't directly affect MicroAlgo'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 MicroAlgo's value and its price as these two are different measures arrived at by different means. Investors typically determine if MicroAlgo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MicroAlgo'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.