Elicio Payables Turnover from 2010 to 2024

ELTX Stock   4.93  0.19  3.71%   
Elicio Therapeutics Payables Turnover yearly trend continues to be fairly stable with very little volatility. Payables Turnover will likely drop to 0.25 in 2024. Payables Turnover is a liquidity ratio that shows how quickly Elicio Therapeutics pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
0.26779583
Current Value
0.25
Quarterly Volatility
21.7740629
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Elicio Therapeutics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Elicio Therapeutics' main balance sheet or income statement drivers, such as Interest Income of 391.6 K, Depreciation And Amortization of 654.8 K or Selling General Administrative of 6.8 M, as well as many indicators such as Price To Sales Ratio of 0.57, Dividend Yield of 0.0 or PTB Ratio of 3.89. Elicio financial statements analysis is a perfect complement when working with Elicio Therapeutics Valuation or Volatility modules.
  
Check out the analysis of Elicio Therapeutics Correlation against competitors.
For more information on how to buy Elicio Stock please use our How to Invest in Elicio Therapeutics guide.

Latest Elicio Therapeutics' Payables Turnover Growth Pattern

Below is the plot of the Payables Turnover of Elicio Therapeutics 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. Elicio Therapeutics' Payables Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Elicio Therapeutics' overall financial position and show how it may be relating to other accounts over time.
Payables Turnover10 Years Trend
Slightly volatile
   Payables Turnover   
       Timeline  

Elicio Payables Turnover Regression Statistics

Arithmetic Mean9.69
Geometric Mean1.73
Coefficient Of Variation224.65
Mean Deviation13.09
Median0.71
Standard Deviation21.77
Sample Variance474.11
Range84.1017
R-Value(0.47)
Mean Square Error397.77
R-Squared0.22
Significance0.08
Slope(2.29)
Total Sum of Squares6,638

Elicio Payables Turnover History

2024 0.25
2023 0.27
2022 0.38
2021 0.73
2020 1.1
2019 2.15

About Elicio Therapeutics Financial Statements

Elicio Therapeutics investors use historical fundamental indicators, such as Elicio Therapeutics' 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 Elicio Therapeutics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 0.27  0.25 

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Additional Tools for Elicio Stock Analysis

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