Nuvve Payables Turnover from 2010 to 2024

NVVE Stock  USD 3.65  0.03  0.83%   
Nuvve Holding's Payables Turnover is increasing over the years with slightly volatile fluctuation. Overall, Payables Turnover is expected to go to 4.33 this year. Payables Turnover is a liquidity ratio that shows how quickly Nuvve Holding Corp pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
4.1204279
Current Value
4.33
Quarterly Volatility
1.45774539
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Nuvve Holding financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nuvve Holding's main balance sheet or income statement drivers, such as Interest Expense of 229.1 K, Depreciation And Amortization of 283.8 K or Total Revenue of 4.6 M, as well as many indicators such as Price To Sales Ratio of 4.53, Dividend Yield of 0.0 or PTB Ratio of 5.05. Nuvve financial statements analysis is a perfect complement when working with Nuvve Holding Valuation or Volatility modules.
  
Check out the analysis of Nuvve Holding Correlation against competitors.

Latest Nuvve Holding's Payables Turnover Growth Pattern

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

Nuvve Payables Turnover Regression Statistics

Arithmetic Mean0.79
Geometric Mean0.23
Coefficient Of Variation184.02
Mean Deviation1.04
Median0.09
Standard Deviation1.46
Sample Variance2.13
Range4.2424
R-Value0.70
Mean Square Error1.16
R-Squared0.49
Significance0
Slope0.23
Total Sum of Squares29.75

Nuvve Payables Turnover History

2024 4.33
2023 4.12
2022 1.76
2021 0.35
2020 0.18
2019 0.36

About Nuvve Holding Financial Statements

Nuvve Holding stakeholders use historical fundamental indicators, such as Nuvve Holding's Payables Turnover, to determine how well the company is positioned to perform in the future. Although Nuvve Holding investors may analyze each financial statement separately, they are all interrelated. For example, changes in Nuvve Holding's assets and liabilities are reflected in the revenues and expenses on Nuvve Holding's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Nuvve Holding Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 4.12  4.33 

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When determining whether Nuvve Holding Corp is a strong investment it is important to analyze Nuvve Holding's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Nuvve Holding's future performance. For an informed investment choice regarding Nuvve Stock, refer to the following important reports:
Check out the analysis of Nuvve Holding Correlation against competitors.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Electrical Components & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nuvve Holding. If investors know Nuvve will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nuvve Holding listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(390.25)
Revenue Per Share
19.423
Quarterly Revenue Growth
(0.62)
Return On Assets
(0.70)
Return On Equity
(2.61)
The market value of Nuvve Holding Corp is measured differently than its book value, which is the value of Nuvve that is recorded on the company's balance sheet. Investors also form their own opinion of Nuvve Holding's value that differs from its market value or its book value, called intrinsic value, which is Nuvve Holding's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nuvve Holding's market value can be influenced by many factors that don't directly affect Nuvve Holding's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nuvve Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nuvve Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nuvve Holding's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.