Airgain Payables Turnover from 2010 to 2024

AIRG Stock  USD 8.95  0.37  4.31%   
Airgain's Payables Turnover is increasing over the last several years with slightly volatile swings. Payables Turnover is predicted to flatten to 5.43. Payables Turnover is a liquidity ratio that shows how quickly Airgain pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
5.45071075
Current Value
5.43
Quarterly Volatility
1.15024117
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Airgain financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Airgain's main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.8 M, Interest Expense of 68.8 K or Selling General Administrative of 9.8 M, as well as many indicators such as Price To Sales Ratio of 1.11, Dividend Yield of 0.0 or PTB Ratio of 1.12. Airgain financial statements analysis is a perfect complement when working with Airgain Valuation or Volatility modules.
  
Check out the analysis of Airgain Correlation against competitors.
For more detail on how to invest in Airgain Stock please use our How to Invest in Airgain guide.

Latest Airgain's Payables Turnover Growth Pattern

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

Airgain Payables Turnover Regression Statistics

Arithmetic Mean6.51
Geometric Mean6.42
Coefficient Of Variation17.66
Mean Deviation0.98
Median6.12
Standard Deviation1.15
Sample Variance1.32
Range3.2951
R-Value0.37
Mean Square Error1.23
R-Squared0.14
Significance0.17
Slope0.1
Total Sum of Squares18.52

Airgain Payables Turnover History

2024 5.43
2023 5.45
2022 7.36
2021 7.25
2020 8.71
2019 7.92
2018 8.25

About Airgain Financial Statements

Airgain stakeholders use historical fundamental indicators, such as Airgain's Payables Turnover, to determine how well the company is positioned to perform in the future. Although Airgain investors may analyze each financial statement separately, they are all interrelated. For example, changes in Airgain's assets and liabilities are reflected in the revenues and expenses on Airgain'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 Airgain. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 5.45  5.43 

Currently Active Assets on Macroaxis

When determining whether Airgain is a strong investment it is important to analyze Airgain'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 Airgain's future performance. For an informed investment choice regarding Airgain Stock, refer to the following important reports:
Check out the analysis of Airgain Correlation against competitors.
For more detail on how to invest in Airgain Stock please use our How to Invest in Airgain guide.
You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Is Electronic Equipment, Instruments & Components 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 Airgain. If investors know Airgain 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 Airgain 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
(1.00)
Earnings Share
(1.15)
Revenue Per Share
5.022
Quarterly Revenue Growth
(0.04)
Return On Assets
(0.17)
The market value of Airgain is measured differently than its book value, which is the value of Airgain that is recorded on the company's balance sheet. Investors also form their own opinion of Airgain's value that differs from its market value or its book value, called intrinsic value, which is Airgain'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 Airgain's market value can be influenced by many factors that don't directly affect Airgain'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 Airgain's value and its price as these two are different measures arrived at by different means. Investors typically determine if Airgain is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Airgain'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.