Upwork Payables Turnover from 2010 to 2024

UPWK Stock  USD 17.30  0.06  0.35%   
Upwork Payables Turnover yearly trend continues to be quite stable with very little volatility. The value of Payables Turnover is projected to decrease to 31.98. Payables Turnover is a liquidity ratio that shows how quickly Upwork Inc pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
33.66581078
Current Value
31.98
Quarterly Volatility
68.94642119
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Upwork financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Upwork's main balance sheet or income statement drivers, such as Tax Provision of 2.1 M, Interest Income of 1.4 M or Depreciation And Amortization of 11.5 M, as well as many indicators such as Price To Sales Ratio of 2.76, Dividend Yield of 0.0 or PTB Ratio of 5.52. Upwork financial statements analysis is a perfect complement when working with Upwork Valuation or Volatility modules.
  
Check out the analysis of Upwork Correlation against competitors.

Latest Upwork's Payables Turnover Growth Pattern

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

Upwork Payables Turnover Regression Statistics

Arithmetic Mean108.68
Geometric Mean79.13
Coefficient Of Variation63.44
Mean Deviation64.35
Median141.65
Standard Deviation68.95
Sample Variance4,754
Range153
R-Value(0.87)
Mean Square Error1,283
R-Squared0.75
Significance0.00003
Slope(13.35)
Total Sum of Squares66,551

Upwork Payables Turnover History

2024 31.98
2023 33.67
2022 21.25
2021 27.12
2020 16.15
2019 135.19
2018 39.29

About Upwork Financial Statements

Upwork investors utilize fundamental indicators, such as Payables Turnover, to predict how Upwork Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Payables Turnover 33.67  31.98 

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When determining whether Upwork Inc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Upwork Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Upwork Inc Stock. Highlighted below are key reports to facilitate an investment decision about Upwork Inc Stock:
Check out the analysis of Upwork Correlation against competitors.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Human Resource & Employment Services 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 Upwork. If investors know Upwork 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 Upwork 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
0.7
Earnings Share
0.62
Revenue Per Share
5.676
Quarterly Revenue Growth
0.103
Return On Assets
0.0371
The market value of Upwork Inc is measured differently than its book value, which is the value of Upwork that is recorded on the company's balance sheet. Investors also form their own opinion of Upwork's value that differs from its market value or its book value, called intrinsic value, which is Upwork'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 Upwork's market value can be influenced by many factors that don't directly affect Upwork'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 Upwork's value and its price as these two are different measures arrived at by different means. Investors typically determine if Upwork is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Upwork'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.