BTC Payables Turnover from 2010 to 2024

BTCT Stock   15.32  1.38  8.26%   
BTC Digital Payables Turnover yearly trend continues to be comparatively stable with very little volatility. Payables Turnover will likely drop to 75.76 in 2024. Payables Turnover is a liquidity ratio that shows how quickly BTC Digital pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
79.75
Current Value
75.76
Quarterly Volatility
119.98462111
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check BTC Digital financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among BTC Digital's main balance sheet or income statement drivers, such as Depreciation And Amortization of 3 M, Interest Expense of 59.9 K or Selling General Administrative of 1.1 M, as well as many indicators such as Price To Sales Ratio of 0.83, Dividend Yield of 0.0 or PTB Ratio of 0.39. BTC financial statements analysis is a perfect complement when working with BTC Digital Valuation or Volatility modules.
  
Check out the analysis of BTC Digital Correlation against competitors.
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Latest BTC Digital's Payables Turnover Growth Pattern

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

BTC Payables Turnover Regression Statistics

Arithmetic Mean236.50
Geometric Mean176.28
Coefficient Of Variation50.73
Mean Deviation100.49
Median309.14
Standard Deviation119.98
Sample Variance14,396
Range316
R-Value(0.77)
Mean Square Error6,309
R-Squared0.59
Significance0.0008
Slope(20.66)
Total Sum of Squares201,548

BTC Payables Turnover History

2024 75.76
2023 79.75
2021 20.09
2020 233.13
2019 336.33

About BTC Digital Financial Statements

BTC Digital shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although BTC Digital investors may analyze each financial statement separately, they are all interrelated. The changes in BTC Digital's assets and liabilities, for example, are also reflected in the revenues and expenses on on BTC Digital's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Payables Turnover 79.75  75.76 

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Additional Tools for BTC Stock Analysis

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