CBAK Payables Turnover from 2010 to 2024

CBAT Stock  USD 0.90  0.01  1.12%   
CBAK Energy Payables Turnover yearly trend continues to be comparatively stable with very little volatility. Payables Turnover is likely to outpace its year average in 2024. Payables Turnover is a liquidity ratio that shows how quickly CBAK Energy Technology pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
2.08489391
Current Value
2.86
Quarterly Volatility
1.50412959
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check CBAK Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CBAK Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 10.9 M, Interest Expense of 827.1 K or Selling General Administrative of 11.6 M, as well as many indicators such as Price To Sales Ratio of 0.44, Dividend Yield of 0.0326 or PTB Ratio of 0.87. CBAK financial statements analysis is a perfect complement when working with CBAK Energy Valuation or Volatility modules.
  
Check out the analysis of CBAK Energy Correlation against competitors.

Latest CBAK Energy's Payables Turnover Growth Pattern

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

CBAK Payables Turnover Regression Statistics

Arithmetic Mean2.10
Geometric Mean1.82
Coefficient Of Variation71.66
Mean Deviation0.91
Median1.69
Standard Deviation1.50
Sample Variance2.26
Range6.0477
R-Value0.35
Mean Square Error2.14
R-Squared0.12
Significance0.21
Slope0.12
Total Sum of Squares31.67

CBAK Payables Turnover History

2024 2.86
2023 2.08
2022 7.09
2021 1.18
2020 1.78
2019 1.93
2018 1.2

About CBAK Energy Financial Statements

CBAK Energy shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although CBAK Energy investors may analyze each financial statement separately, they are all interrelated. The changes in CBAK Energy's assets and liabilities, for example, are also reflected in the revenues and expenses on on CBAK Energy'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 2.08  2.86 

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for CBAK Stock Analysis

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