Clene Payables Turnover from 2010 to 2024

CLNNW Stock  USD 0.03  0.01  14.09%   
Clene Payables Turnover yearly trend continues to be fairly stable with very little volatility. Payables Turnover will likely drop to 0.08 in 2024. Payables Turnover is a liquidity ratio that shows how quickly Clene Inc pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
0.08045213
Current Value
0.0764
Quarterly Volatility
0.45833971
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Clene financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Clene's main balance sheet or income statement drivers, such as Tax Provision of 0.0, Depreciation And Amortization of 1.5 M or Interest Expense of 4.8 M, as well as many indicators such as Price To Sales Ratio of 45.2, Dividend Yield of 0.0 or PTB Ratio of 2.21. Clene financial statements analysis is a perfect complement when working with Clene Valuation or Volatility modules.
  
Check out the analysis of Clene Correlation against competitors.

Latest Clene's Payables Turnover Growth Pattern

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

Clene Payables Turnover Regression Statistics

Arithmetic Mean0.70
Geometric Mean0.38
Coefficient Of Variation65.49
Mean Deviation0.42
Median1.01
Standard Deviation0.46
Sample Variance0.21
Range1.0037
R-Value(0.82)
Mean Square Error0.07
R-Squared0.67
Significance0.0002
Slope(0.08)
Total Sum of Squares2.94

Clene Payables Turnover History

2024 0.0764
2023 0.0805
2022 0.008626
2021 0.15
2020 0.0578

About Clene Financial Statements

Clene investors use historical fundamental indicators, such as Clene'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 Clene. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 0.08  0.08 

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Additional Tools for Clene Stock Analysis

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