Microvast Payables Turnover from 2010 to 2024

MVST Stock  USD 1.87  0.34  22.22%   
Microvast Holdings 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 Microvast Holdings pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
2.21447726
Current Value
3.72
Quarterly Volatility
0.90936668
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Microvast Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Microvast Holdings' main balance sheet or income statement drivers, such as Interest Expense of 4.3 M, Other Operating Expenses of 256.5 M or Income Tax Expense of 9.5 K, as well as many indicators such as Price To Sales Ratio of 1.35, Dividend Yield of 0.0 or PTB Ratio of 0.73. Microvast financial statements analysis is a perfect complement when working with Microvast Holdings Valuation or Volatility modules.
  
Check out the analysis of Microvast Holdings Correlation against competitors.
For more information on how to buy Microvast Stock please use our How to Invest in Microvast Holdings guide.

Latest Microvast Holdings' Payables Turnover Growth Pattern

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

Microvast Payables Turnover Regression Statistics

Arithmetic Mean2.58
Geometric Mean2.47
Coefficient Of Variation35.19
Mean Deviation0.68
Median2.15
Standard Deviation0.91
Sample Variance0.83
Range2.6673
R-Value0.58
Mean Square Error0.59
R-Squared0.34
Significance0.02
Slope0.12
Total Sum of Squares11.58

Microvast Payables Turnover History

2024 3.72
2023 2.21
2022 4.34
2021 4.82

About Microvast Holdings Financial Statements

Microvast Holdings shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although Microvast Holdings investors may analyze each financial statement separately, they are all interrelated. The changes in Microvast Holdings' assets and liabilities, for example, are also reflected in the revenues and expenses on on Microvast Holdings' 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 2.21  3.72 

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Additional Tools for Microvast Stock Analysis

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