Apptech Payables Turnover from 2010 to 2024

APCX Stock  USD 0.48  0.04  7.98%   
Apptech Corp Payables Turnover yearly trend continues to be fairly stable with very little volatility. Payables Turnover will likely drop to 0.1 in 2024. Payables Turnover is a liquidity ratio that shows how quickly Apptech 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
0.10394664
Current Value
0.0987
Quarterly Volatility
0.57464051
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Apptech Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Apptech Corp's main balance sheet or income statement drivers, such as Total Revenue of 810.1 K, Gross Profit of 332.9 K or Other Operating Expenses of 20.7 M, as well as many indicators such as Price To Sales Ratio of 76.06, Dividend Yield of 0.0 or PTB Ratio of 13.88. Apptech financial statements analysis is a perfect complement when working with Apptech Corp Valuation or Volatility modules.
  
Check out the analysis of Apptech Corp Correlation against competitors.
For more information on how to buy Apptech Stock please use our How to Invest in Apptech Corp guide.

Latest Apptech Corp's Payables Turnover Growth Pattern

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

Apptech Payables Turnover Regression Statistics

Arithmetic Mean0.30
Geometric Mean0.11
Coefficient Of Variation191.60
Mean Deviation0.32
Median0.12
Standard Deviation0.57
Sample Variance0.33
Range2.3047
R-Value(0.34)
Mean Square Error0.31
R-Squared0.12
Significance0.22
Slope(0.04)
Total Sum of Squares4.62

Apptech Payables Turnover History

2024 0.0987
2023 0.1
2022 0.63
2020 0.0858
2019 0.0595
2018 0.12
2017 0.33

About Apptech Corp Financial Statements

Apptech Corp investors use historical fundamental indicators, such as Apptech Corp'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 Apptech Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 0.10  0.10 

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Additional Tools for Apptech Stock Analysis

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