Cheche Payables Turnover from 2010 to 2024

CCGWW Stock   0.02  0  5.26%   
Cheche Group Payables Turnover yearly trend continues to be fairly stable with very little volatility. Payables Turnover will likely drop to 8.09 in 2024. Payables Turnover is a liquidity ratio that shows how quickly Cheche Group Warrant pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
9.97637186
Current Value
8.09
Quarterly Volatility
0.63184587
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Cheche Group financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cheche Group's main balance sheet or income statement drivers, such as Depreciation And Amortization of 13.9 M, Interest Expense of 1.4 M or Selling General Administrative of 146.4 M, as well as many indicators such as Price To Sales Ratio of 0.0, Ptb Ratio of 0.0 or Days Sales Outstanding of 66.34. Cheche financial statements analysis is a perfect complement when working with Cheche Group Valuation or Volatility modules.
  
Check out the analysis of Cheche Group Correlation against competitors.

Latest Cheche Group's Payables Turnover Growth Pattern

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

Cheche Payables Turnover Regression Statistics

Arithmetic Mean9.29
Geometric Mean9.27
Coefficient Of Variation6.80
Mean Deviation0.34
Median9.18
Standard Deviation0.63
Sample Variance0.40
Range3.0774
R-Value0.18
Mean Square Error0.42
R-Squared0.03
Significance0.52
Slope0.03
Total Sum of Squares5.59

Cheche Payables Turnover History

2024 8.09
2023 9.98
2022 11.17

About Cheche Group Financial Statements

Cheche Group investors use historical fundamental indicators, such as Cheche Group'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 Cheche Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 9.98  8.09 

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Additional Tools for Cheche Stock Analysis

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