Sphere Payables Turnover from 2010 to 2024

ANY Stock  USD 1.29  0.07  5.15%   
Sphere 3D Payables Turnover yearly trend continues to be fairly stable with very little volatility. Payables Turnover will likely drop to 4.44 in 2024. Payables Turnover is a liquidity ratio that shows how quickly Sphere 3D Corp pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
6.71609099
Current Value
4.44
Quarterly Volatility
4.52724826
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Sphere 3D financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sphere 3D's main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.1 M, Interest Expense of 1.1 M or Selling General Administrative of 10.7 M, as well as many indicators such as Price To Sales Ratio of 1.75, Dividend Yield of 0.0019 or PTB Ratio of 0.95. Sphere financial statements analysis is a perfect complement when working with Sphere 3D Valuation or Volatility modules.
  
Check out the analysis of Sphere 3D Correlation against competitors.

Latest Sphere 3D's Payables Turnover Growth Pattern

Below is the plot of the Payables Turnover of Sphere 3D Corp 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. Sphere 3D's Payables Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Sphere 3D's overall financial position and show how it may be relating to other accounts over time.
Payables Turnover10 Years Trend
Pretty Stable
   Payables Turnover   
       Timeline  

Sphere Payables Turnover Regression Statistics

Arithmetic Mean3.55
Geometric Mean2.25
Coefficient Of Variation127.50
Mean Deviation2.92
Median1.78
Standard Deviation4.53
Sample Variance20.50
Range17.6226
R-Value0.13
Mean Square Error21.68
R-Squared0.02
Significance0.63
Slope0.14
Total Sum of Squares286.94

Sphere Payables Turnover History

2024 4.44
2023 6.72
2022 1.14
2021 1.62
2020 1.32
2019 0.91
2018 1.6

About Sphere 3D Financial Statements

Sphere 3D investors use historical fundamental indicators, such as Sphere 3D'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 Sphere 3D. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 6.72  4.44 

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Additional Tools for Sphere Stock Analysis

When running Sphere 3D's price analysis, check to measure Sphere 3D'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 Sphere 3D is operating at the current time. Most of Sphere 3D's value examination focuses on studying past and present price action to predict the probability of Sphere 3D's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sphere 3D's price. Additionally, you may evaluate how the addition of Sphere 3D to your portfolios can decrease your overall portfolio volatility.