Technology Payables Turnover from 2010 to 2024

TETEU Stock  USD 12.15  0.00  0.00%   
Technology Telecommunicatio Payables Turnover yearly trend continues to be comparatively stable with very little volatility. Payables Turnover is likely to outpace its year average in 2024. Payables Turnover is a liquidity ratio that shows how quickly Technology Telecommunication Acquisition pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
1.81
Current Value
3.49
Quarterly Volatility
1.10315614
 
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Yuan Drop
 
Covid
Check Technology Telecommunicatio financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Technology Telecommunicatio's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.4 M, Other Operating Expenses of 2.2 M or EBITDA of 216.9 K, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 3.08. Technology financial statements analysis is a perfect complement when working with Technology Telecommunicatio Valuation or Volatility modules.
  
Check out the analysis of Technology Telecommunicatio Correlation against competitors.

Latest Technology Telecommunicatio's Payables Turnover Growth Pattern

Below is the plot of the Payables Turnover of Technology Telecommunication Acquisition 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. Technology Telecommunicatio's Payables Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Technology Telecommunicatio'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  

Technology Payables Turnover Regression Statistics

Arithmetic Mean4.28
Geometric Mean4.07
Coefficient Of Variation25.77
Mean Deviation0.80
Median4.78
Standard Deviation1.10
Sample Variance1.22
Range3.2067
R-Value(0.62)
Mean Square Error0.81
R-Squared0.39
Significance0.01
Slope(0.15)
Total Sum of Squares17.04

Technology Payables Turnover History

2024 3.49
2023 1.81
2022 1.57

About Technology Telecommunicatio Financial Statements

Technology Telecommunicatio shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although Technology Telecommunicatio investors may analyze each financial statement separately, they are all interrelated. The changes in Technology Telecommunicatio's assets and liabilities, for example, are also reflected in the revenues and expenses on on Technology Telecommunicatio'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
Payables Turnover 1.81  3.49 

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Additional Tools for Technology Stock Analysis

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