QuantaSing Payables Turnover from 2010 to 2024

QSG Stock   2.85  0.43  13.11%   
QuantaSing Group's Payables Turnover is increasing over the last several years with slightly volatile swings. Payables Turnover is predicted to flatten to 5.33. Payables Turnover is a liquidity ratio that shows how quickly QuantaSing Group Limited pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
8.86652918
Current Value
5.33
Quarterly Volatility
2.43815346
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check QuantaSing Group financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among QuantaSing Group's main balance sheet or income statement drivers, such as Tax Provision of 19.9 M, Net Interest Income of 11 M or Interest Income of 11 M, as well as many indicators such as Price To Sales Ratio of 0.16, Dividend Yield of 0.0 or PTB Ratio of 1.32. QuantaSing financial statements analysis is a perfect complement when working with QuantaSing Group Valuation or Volatility modules.
  
Check out the analysis of QuantaSing Group Correlation against competitors.

Latest QuantaSing Group's Payables Turnover Growth Pattern

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

QuantaSing Payables Turnover Regression Statistics

Arithmetic Mean3.73
Geometric Mean3.22
Coefficient Of Variation65.33
Mean Deviation1.95
Median2.40
Standard Deviation2.44
Sample Variance5.94
Range6.6448
R-Value0.69
Mean Square Error3.35
R-Squared0.48
Significance0
Slope0.38
Total Sum of Squares83.22

QuantaSing Payables Turnover History

2024 5.33
2023 8.87
2022 6.3
2021 9.05

About QuantaSing Group Financial Statements

QuantaSing Group stakeholders use historical fundamental indicators, such as QuantaSing Group's Payables Turnover, to determine how well the company is positioned to perform in the future. Although QuantaSing Group investors may analyze each financial statement separately, they are all interrelated. For example, changes in QuantaSing Group's assets and liabilities are reflected in the revenues and expenses on QuantaSing Group'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 QuantaSing Group Limited. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 8.87  5.33 

Currently Active Assets on Macroaxis

When determining whether QuantaSing Group is a strong investment it is important to analyze QuantaSing Group'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 QuantaSing Group's future performance. For an informed investment choice regarding QuantaSing Stock, refer to the following important reports:
Check out the analysis of QuantaSing Group Correlation against competitors.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Hotels, Restaurants & Leisure 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 QuantaSing Group. If investors know QuantaSing 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 QuantaSing Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
2.965
Earnings Share
0.99
Revenue Per Share
69.007
Quarterly Revenue Growth
0.207
Return On Assets
0.1828
The market value of QuantaSing Group is measured differently than its book value, which is the value of QuantaSing that is recorded on the company's balance sheet. Investors also form their own opinion of QuantaSing Group's value that differs from its market value or its book value, called intrinsic value, which is QuantaSing Group'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 QuantaSing Group's market value can be influenced by many factors that don't directly affect QuantaSing Group'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 QuantaSing Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if QuantaSing Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, QuantaSing Group'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.