Nerdy Payables Turnover from 2010 to 2024

NRDY Stock  USD 1.58  0.20  14.49%   
Nerdy Payables Turnover yearly trend continues to be fairly stable with very little volatility. Payables Turnover will likely drop to 10.65 in 2024. Payables Turnover is a liquidity ratio that shows how quickly Nerdy Inc pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
16.54138832
Current Value
10.65
Quarterly Volatility
1.95343719
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Nerdy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nerdy's main balance sheet or income statement drivers, such as Net Interest Income of 3.1 M, Depreciation And Amortization of 6.1 M or Interest Expense of 2.7 M, as well as many indicators such as Price To Sales Ratio of 1.64, Dividend Yield of 0.0 or PTB Ratio of 6.67. Nerdy financial statements analysis is a perfect complement when working with Nerdy Valuation or Volatility modules.
  
Check out the analysis of Nerdy Correlation against competitors.

Latest Nerdy's Payables Turnover Growth Pattern

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

Nerdy Payables Turnover Regression Statistics

Arithmetic Mean13.31
Geometric Mean13.14
Coefficient Of Variation14.68
Mean Deviation1.12
Median13.60
Standard Deviation1.95
Sample Variance3.82
Range8.7065
R-Value(0.11)
Mean Square Error4.06
R-Squared0.01
Significance0.71
Slope(0.05)
Total Sum of Squares53.42

Nerdy Payables Turnover History

2024 10.65
2023 16.54
2022 15.55
2021 13.01
2020 7.83

About Nerdy Financial Statements

Nerdy investors use historical fundamental indicators, such as Nerdy'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 Nerdy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 16.54  10.65 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Nerdy Stock Analysis

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