Inotiv Average Payables from 2010 to 2024

NOTV Stock  USD 3.90  0.24  6.56%   
Inotiv Average Payables yearly trend continues to be fairly stable with very little volatility. Average Payables will likely drop to about 2.1 M in 2024. Average Payables is the average amount owed to suppliers and creditors over a specific period, reflecting Inotiv's payment cycle and credit terms with suppliers. View All Fundamentals
 
Average Payables  
First Reported
2010-12-31
Previous Quarter
2.5 M
Current Value
2.1 M
Quarterly Volatility
180.3 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Inotiv financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Inotiv's main balance sheet or income statement drivers, such as Depreciation And Amortization of 66.1 M, Interest Expense of 23.5 M or Selling General Administrative of 130.7 M, as well as many indicators such as Price To Sales Ratio of 0.12, Dividend Yield of 0.0029 or PTB Ratio of 0.25. Inotiv financial statements analysis is a perfect complement when working with Inotiv Valuation or Volatility modules.
  
Check out the analysis of Inotiv Correlation against competitors.

Latest Inotiv's Average Payables Growth Pattern

Below is the plot of the Average Payables of Inotiv Inc over the last few years. It is the average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers. Inotiv's Average Payables historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Inotiv's overall financial position and show how it may be relating to other accounts over time.
Average Payables10 Years Trend
Slightly volatile
   Average Payables   
       Timeline  

Inotiv Average Payables Regression Statistics

Arithmetic Mean2,689,643
Geometric Mean2,683,320
Coefficient Of Variation6.70
Mean Deviation122,432
Median2,766,162
Standard Deviation180,297
Sample Variance32.5B
Range644.1K
R-Value(0.41)
Mean Square Error29.2B
R-Squared0.16
Significance0.13
Slope(16,352)
Total Sum of Squares455.1B

Inotiv Average Payables History

20242.1 M
20232.5 M
20112.8 M
20102.5 M

About Inotiv Financial Statements

Inotiv investors use historical fundamental indicators, such as Inotiv's Average Payables, 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 Inotiv. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Average Payables2.5 M2.1 M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Inotiv Stock Analysis

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