Novocure Days Payables Outstanding from 2010 to 2024

NVCR Stock  USD 20.04  0.35  1.78%   
Novocure Days Payables Outstanding yearly trend continues to be relatively stable with very little volatility. Days Payables Outstanding is likely to drop to 263.19. During the period from 2010 to 2024, Novocure Days Payables Outstanding destribution of quarterly values had range of 422 from its regression line and mean deviation of  134.12. View All Fundamentals
 
Days Payables Outstanding  
First Reported
2010-12-31
Previous Quarter
268.57432959
Current Value
263.19
Quarterly Volatility
160.9953217
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Novocure financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Novocure's main balance sheet or income statement drivers, such as Depreciation And Amortization of 7.8 M, Interest Expense of 3.2 M or Selling General Administrative of 87.6 M, as well as many indicators such as Price To Sales Ratio of 2.96, Dividend Yield of 0.0 or PTB Ratio of 4.16. Novocure financial statements analysis is a perfect complement when working with Novocure Valuation or Volatility modules.
  
Check out the analysis of Novocure Correlation against competitors.
To learn how to invest in Novocure Stock, please use our How to Invest in Novocure guide.

Latest Novocure's Days Payables Outstanding Growth Pattern

Below is the plot of the Days Payables Outstanding of Novocure over the last few years. It is Novocure's Days Payables Outstanding historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Novocure's overall financial position and show how it may be relating to other accounts over time.
Days Payables Outstanding10 Years Trend
Slightly volatile
   Days Payables Outstanding   
       Timeline  

Novocure Days Payables Outstanding Regression Statistics

Arithmetic Mean300.08
Geometric Mean261.36
Coefficient Of Variation53.65
Mean Deviation134.12
Median263.19
Standard Deviation161.00
Sample Variance25,919
Range422
R-Value(0.67)
Mean Square Error15,203
R-Squared0.46
Significance0.01
Slope(24.29)
Total Sum of Squares362,873

Novocure Days Payables Outstanding History

2024 263.19
2023 268.57
2022 270.72
2021 230.67
2020 183.86
2019 152.11
2018 121.78

About Novocure Financial Statements

Novocure shareholders use historical fundamental indicators, such as Days Payables Outstanding, to determine how well the company is positioned to perform in the future. Although Novocure investors may analyze each financial statement separately, they are all interrelated. The changes in Novocure's assets and liabilities, for example, are also reflected in the revenues and expenses on on Novocure's 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
Days Payables Outstanding 268.57  263.19 

Additional Tools for Novocure Stock Analysis

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