ASP Payables Turnover from 2010 to 2024

ASPI Stock  USD 8.34  0.63  8.17%   
ASP Isotopes' Payables Turnover is decreasing with slightly volatile movements from year to year. Payables Turnover is predicted to flatten to 0.23. Payables Turnover is a liquidity ratio that shows how quickly ASP Isotopes Common pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
0.2644819
Current Value
0.23
Quarterly Volatility
0.07269741
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ASP Isotopes financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ASP Isotopes' main balance sheet or income statement drivers, such as Depreciation And Amortization of 35.6 K, Selling General Administrative of 9.6 M or Total Revenue of 411.4 K, as well as many indicators such as Price To Sales Ratio of 109, Dividend Yield of 0.0 or PTB Ratio of 3.45. ASP financial statements analysis is a perfect complement when working with ASP Isotopes Valuation or Volatility modules.
  
Check out the analysis of ASP Isotopes Correlation against competitors.

Latest ASP Isotopes' Payables Turnover Growth Pattern

Below is the plot of the Payables Turnover of ASP Isotopes Common 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. ASP Isotopes' Payables Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ASP Isotopes' overall financial position and show how it may be relating to other accounts over time.
Payables Turnover10 Years Trend
Slightly volatile
   Payables Turnover   
       Timeline  

ASP Payables Turnover Regression Statistics

Arithmetic Mean0.30
Geometric Mean0.28
Coefficient Of Variation24.54
Mean Deviation0.05
Median0.32
Standard Deviation0.07
Sample Variance0.01
Range0.2711
R-Value(0.52)
Mean Square Error0
R-Squared0.27
Significance0.05
Slope(0.01)
Total Sum of Squares0.07

ASP Payables Turnover History

2024 0.23
2023 0.26
2022 0.0536

About ASP Isotopes Financial Statements

Investors use fundamental indicators, such as ASP Isotopes' Payables Turnover, to determine how well the company is positioned to perform in the future. Although ASP Isotopes' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Payables Turnover 0.26  0.23 

Currently Active Assets on Macroaxis

When determining whether ASP Isotopes Common offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ASP Isotopes' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Asp Isotopes Common Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Asp Isotopes Common Stock:
Check out the analysis of ASP Isotopes Correlation against competitors.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is Diversified Metals & Mining 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 ASP Isotopes. If investors know ASP 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 ASP Isotopes listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.62)
Revenue Per Share
0.055
Return On Assets
(0.39)
Return On Equity
(1.98)
The market value of ASP Isotopes Common is measured differently than its book value, which is the value of ASP that is recorded on the company's balance sheet. Investors also form their own opinion of ASP Isotopes' value that differs from its market value or its book value, called intrinsic value, which is ASP Isotopes' 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 ASP Isotopes' market value can be influenced by many factors that don't directly affect ASP Isotopes' 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 ASP Isotopes' value and its price as these two are different measures arrived at by different means. Investors typically determine if ASP Isotopes is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ASP Isotopes' 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.