Doximity Payables Turnover from 2010 to 2024

DOCS Stock  USD 48.20  0.20  0.42%   
Doximity 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 Doximity pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
22.48956946
Current Value
25.76
Quarterly Volatility
19.97774575
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Doximity financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Doximity's main balance sheet or income statement drivers, such as Tax Provision of 39.5 M, Net Interest Income of 22.7 M or Interest Income of 22.7 M, as well as many indicators such as Price To Sales Ratio of 10.04, Dividend Yield of 0.0 or PTB Ratio of 5.29. Doximity financial statements analysis is a perfect complement when working with Doximity Valuation or Volatility modules.
  
Check out the analysis of Doximity Correlation against competitors.
For more information on how to buy Doximity Stock please use our How to Invest in Doximity guide.

Latest Doximity's Payables Turnover Growth Pattern

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

Doximity Payables Turnover Regression Statistics

Arithmetic Mean20.79
Geometric Mean16.44
Coefficient Of Variation96.10
Mean Deviation12.41
Median11.61
Standard Deviation19.98
Sample Variance399.11
Range75.4179
R-Value0.51
Mean Square Error317.77
R-Squared0.26
Significance0.05
Slope2.28
Total Sum of Squares5,588

Doximity Payables Turnover History

2024 25.76
2023 22.49
2022 42.05
2021 85.93
2020 20.59
2019 10.52

About Doximity Financial Statements

Doximity shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although Doximity investors may analyze each financial statement separately, they are all interrelated. The changes in Doximity's assets and liabilities, for example, are also reflected in the revenues and expenses on on Doximity'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 22.49  25.76 

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Additional Tools for Doximity Stock Analysis

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