NeoVolta Payables Turnover from 2010 to 2024

NEOVW Stock  USD 2.45  0.10  4.26%   
NeoVolta Warrant Payables Turnover yearly trend continues to be fairly stable with very little volatility. Payables Turnover will likely drop to 270.20 in 2024. Payables Turnover is a liquidity ratio that shows how quickly NeoVolta Warrant pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
461.8
Current Value
270.2
Quarterly Volatility
156.0200887
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check NeoVolta Warrant financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NeoVolta Warrant's main balance sheet or income statement drivers, such as Depreciation And Amortization of 32 K, Interest Expense of 0.0 or Selling General Administrative of 4.2 M, as well as many indicators such as Price To Sales Ratio of 18.82, Dividend Yield of 0.0 or PTB Ratio of 12.51. NeoVolta financial statements analysis is a perfect complement when working with NeoVolta Warrant Valuation or Volatility modules.
  
Check out the analysis of NeoVolta Warrant Correlation against competitors.
For more information on how to buy NeoVolta Stock please use our How to Invest in NeoVolta Warrant guide.

Latest NeoVolta Warrant's Payables Turnover Growth Pattern

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

NeoVolta Payables Turnover Regression Statistics

Arithmetic Mean404.97
Geometric Mean326.69
Coefficient Of Variation38.53
Mean Deviation113.54
Median484.44
Standard Deviation156.02
Sample Variance24,342
Range466
R-Value(0.53)
Mean Square Error18,977
R-Squared0.28
Significance0.04
Slope(18.33)
Total Sum of Squares340,792

NeoVolta Payables Turnover History

2024 270.2
2023 461.8
2022 401.57
2021 18.51
2020 78.04

About NeoVolta Warrant Financial Statements

NeoVolta Warrant investors use historical fundamental indicators, such as NeoVolta Warrant's Payables Turnover, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in NeoVolta Warrant. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 461.80  270.20 

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Additional Tools for NeoVolta Stock Analysis

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