Purecycle Payables Turnover from 2010 to 2024

PCT Stock  USD 13.76  0.36  2.55%   
Purecycle Technologies Payables Turnover yearly trend continues to be comparatively stable with very little volatility. Payables Turnover will likely drop to 5.46 in 2024. Payables Turnover is a liquidity ratio that shows how quickly Purecycle Technologies Holdings pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
6.54564387
Current Value
5.46
Quarterly Volatility
4.62966345
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Purecycle Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Purecycle Technologies' main balance sheet or income statement drivers, such as Interest Expense of 32.9 M, Selling General Administrative of 46.3 M or Total Revenue of 0.0, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 1.5. Purecycle financial statements analysis is a perfect complement when working with Purecycle Technologies Valuation or Volatility modules.
  
Check out the analysis of Purecycle Technologies Correlation against competitors.
For more information on how to buy Purecycle Stock please use our How to Invest in Purecycle Technologies guide.

Latest Purecycle Technologies' Payables Turnover Growth Pattern

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

Purecycle Payables Turnover Regression Statistics

Arithmetic Mean3.23
Geometric Mean0.94
Coefficient Of Variation143.45
Mean Deviation3.66
Median0.25
Standard Deviation4.63
Sample Variance21.43
Range15.6784
R-Value0.72
Mean Square Error10.98
R-Squared0.52
Significance0
Slope0.75
Total Sum of Squares300.07

Purecycle Payables Turnover History

2024 5.46
2023 6.55
2022 15.93
2021 7.53
2020 8.13
2019 2.52

About Purecycle Technologies Financial Statements

Purecycle Technologies shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although Purecycle Technologies investors may analyze each financial statement separately, they are all interrelated. The changes in Purecycle Technologies' assets and liabilities, for example, are also reflected in the revenues and expenses on on Purecycle Technologies' 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
Payables Turnover 6.55  5.46 

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Additional Tools for Purecycle Stock Analysis

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