AFC Payables Turnover from 2010 to 2024

AFCG Stock  USD 9.62  0.05  0.52%   
AFC Gamma's Payables Turnover is increasing over the last several years with slightly volatile swings. Payables Turnover is estimated to finish at 20.66 this year. Payables Turnover is a liquidity ratio that shows how quickly AFC Gamma pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
19.67902642
Current Value
20.66
Quarterly Volatility
6.96015261
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check AFC Gamma financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among AFC Gamma's main balance sheet or income statement drivers, such as Depreciation And Amortization of 47.9 M, Interest Expense of 3.9 M or Selling General Administrative of 10.1 M, as well as many indicators such as Price To Sales Ratio of 3.05, Dividend Yield of 0.27 or PTB Ratio of 0.5. AFC financial statements analysis is a perfect complement when working with AFC Gamma Valuation or Volatility modules.
  
Check out the analysis of AFC Gamma Correlation against competitors.
For more detail on how to invest in AFC Stock please use our How to Invest in AFC Gamma guide.

Latest AFC Gamma's Payables Turnover Growth Pattern

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

AFC Payables Turnover Regression Statistics

Arithmetic Mean3.10
Geometric Mean0.59
Coefficient Of Variation224.73
Mean Deviation4.55
Median0.27
Standard Deviation6.96
Sample Variance48.44
Range20.3853
R-Value0.62
Mean Square Error31.89
R-Squared0.39
Significance0.01
Slope0.97
Total Sum of Squares678.21

AFC Payables Turnover History

2024 20.66
2023 19.68
2022 2.64
2021 0.46

About AFC Gamma Financial Statements

AFC Gamma stakeholders use historical fundamental indicators, such as AFC Gamma's Payables Turnover, to determine how well the company is positioned to perform in the future. Although AFC Gamma investors may analyze each financial statement separately, they are all interrelated. For example, changes in AFC Gamma's assets and liabilities are reflected in the revenues and expenses on AFC Gamma'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 AFC Gamma. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 19.68  20.66 

Currently Active Assets on Macroaxis

When determining whether AFC Gamma is a strong investment it is important to analyze AFC Gamma'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 AFC Gamma's future performance. For an informed investment choice regarding AFC Stock, refer to the following important reports:
Check out the analysis of AFC Gamma Correlation against competitors.
For more detail on how to invest in AFC Stock please use our How to Invest in AFC Gamma guide.
You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Is Mortgage Real Estate Investment Trusts (REITs) 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 AFC Gamma. If investors know AFC 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 AFC Gamma 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
(0.85)
Dividend Share
0.48
Earnings Share
0.26
Revenue Per Share
2.11
Quarterly Revenue Growth
(0.39)
The market value of AFC Gamma is measured differently than its book value, which is the value of AFC that is recorded on the company's balance sheet. Investors also form their own opinion of AFC Gamma's value that differs from its market value or its book value, called intrinsic value, which is AFC Gamma'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 AFC Gamma's market value can be influenced by many factors that don't directly affect AFC Gamma'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 AFC Gamma's value and its price as these two are different measures arrived at by different means. Investors typically determine if AFC Gamma is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AFC Gamma'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.