Momentus Payables Turnover from 2010 to 2024

MNTS Stock  USD 0.55  0.04  6.78%   
Momentus Payables Turnover yearly trend continues to be comparatively stable with very little volatility. Payables Turnover is likely to outpace its year average in 2024. Payables Turnover is a liquidity ratio that shows how quickly Momentus pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
0.30481283
Current Value
0.32
Quarterly Volatility
0.07402428
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Momentus financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Momentus' main balance sheet or income statement drivers, such as Interest Expense of 4.1 M, Depreciation And Amortization of 1.3 M or Selling General Administrative of 31.5 M, as well as many indicators such as Price To Sales Ratio of 1.59, Dividend Yield of 0.0 or PTB Ratio of 1.54. Momentus financial statements analysis is a perfect complement when working with Momentus Valuation or Volatility modules.
  
Check out the analysis of Momentus Correlation against competitors.
For more information on how to buy Momentus Stock please use our How to Invest in Momentus guide.

Latest Momentus' Payables Turnover Growth Pattern

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

Momentus Payables Turnover Regression Statistics

Arithmetic Mean0.19
Geometric Mean0.16
Coefficient Of Variation38.56
Mean Deviation0.04
Median0.20
Standard Deviation0.07
Sample Variance0.01
Range0.3084
R-Value0.01
Mean Square Error0.01
R-Squared0.0002
Significance0.96
Slope0.0002
Total Sum of Squares0.08

Momentus Payables Turnover History

2024 0.32
2023 0.3
2022 0.0116
2021 0.0706

About Momentus Financial Statements

Momentus shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although Momentus investors may analyze each financial statement separately, they are all interrelated. The changes in Momentus' assets and liabilities, for example, are also reflected in the revenues and expenses on on Momentus' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Payables Turnover 0.30  0.32 

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Additional Tools for Momentus Stock Analysis

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