Forafric Payables Turnover from 2010 to 2024

AFRIW Stock  USD 1.15  0.02  1.71%   
Forafric Global Payables Turnover yearly trend continues to be fairly 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 Forafric Global PLC pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
5.92004046
Current Value
10.29
Quarterly Volatility
1.4363912
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Forafric Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Forafric Global's main balance sheet or income statement drivers, such as Interest Income of 35.1 K, Depreciation And Amortization of 6.1 M or Interest Expense of 11.7 M, as well as many indicators such as Price To Sales Ratio of 1.1, Dividend Yield of 0.0 or PTB Ratio of 13.11. Forafric financial statements analysis is a perfect complement when working with Forafric Global Valuation or Volatility modules.
  
Check out the analysis of Forafric Global Correlation against competitors.

Latest Forafric Global's Payables Turnover Growth Pattern

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

Forafric Payables Turnover Regression Statistics

Arithmetic Mean10.25
Geometric Mean10.13
Coefficient Of Variation14.02
Mean Deviation0.92
Median10.74
Standard Deviation1.44
Sample Variance2.06
Range6.2432
R-Value(0.48)
Mean Square Error1.70
R-Squared0.23
Significance0.07
Slope(0.15)
Total Sum of Squares28.89

Forafric Payables Turnover History

2024 10.29
2023 5.92
2022 9.54
2021 8.37
2020 12.16

About Forafric Global Financial Statements

Forafric Global investors use historical fundamental indicators, such as Forafric Global's Payables Turnover, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Forafric Global. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 5.92  10.29 

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Additional Tools for Forafric Stock Analysis

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