Desktop Payables Turnover from 2010 to 2024

DM Stock  USD 4.16  0.26  5.88%   
Desktop Metal Payables Turnover yearly trend continues to be very stable with very little volatility. Payables Turnover is likely to grow to 11.53 this year. Payables Turnover is a liquidity ratio that shows how quickly Desktop Metal pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
10.98339747
Current Value
11.53
Quarterly Volatility
3.98886936
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Desktop Metal financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Desktop Metal's main balance sheet or income statement drivers, such as Total Revenue of 103.1 M, Interest Income of 896.8 K or Depreciation And Amortization of 30.7 M, as well as many indicators such as Price To Sales Ratio of 1.21, Dividend Yield of 0.0 or PTB Ratio of 1.05. Desktop financial statements analysis is a perfect complement when working with Desktop Metal Valuation or Volatility modules.
  
Check out the analysis of Desktop Metal Correlation against competitors.
To learn how to invest in Desktop Stock, please use our How to Invest in Desktop Metal guide.

Latest Desktop Metal's Payables Turnover Growth Pattern

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

Desktop Payables Turnover Regression Statistics

Arithmetic Mean2.85
Geometric Mean1.09
Coefficient Of Variation139.83
Mean Deviation3.08
Median0.38
Standard Deviation3.99
Sample Variance15.91
Range11.1548
R-Value0.82
Mean Square Error5.75
R-Squared0.66
Significance0.0002
Slope0.73
Total Sum of Squares222.76

Desktop Payables Turnover History

2024 11.53
2023 10.98
2022 7.73
2021 2.98
2020 4.15
2019 2.04

About Desktop Metal Financial Statements

Desktop Metal investors utilize fundamental indicators, such as Payables Turnover, to predict how Desktop Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Payables Turnover 10.98  11.53 

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Check out the analysis of Desktop Metal Correlation against competitors.
To learn how to invest in Desktop Stock, please use our How to Invest in Desktop Metal guide.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Electronic Equipment, Instruments & Components 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 Desktop Metal. If investors know Desktop 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 Desktop Metal listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(11.15)
Revenue Per Share
5.117
Quarterly Revenue Growth
(0.15)
Return On Assets
(0.24)
Return On Equity
(1.53)
The market value of Desktop Metal is measured differently than its book value, which is the value of Desktop that is recorded on the company's balance sheet. Investors also form their own opinion of Desktop Metal's value that differs from its market value or its book value, called intrinsic value, which is Desktop Metal's 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 Desktop Metal's market value can be influenced by many factors that don't directly affect Desktop Metal's 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 Desktop Metal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Desktop Metal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Desktop Metal's 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.