Gan Payables Turnover from 2010 to 2024

GAN Stock  USD 1.82  0.02  1.09%   
Gan Payables Turnover yearly trend continues to be very stable with very little volatility. Payables Turnover is likely to drop to 4.33. Payables Turnover is a liquidity ratio that shows how quickly Gan pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
5.55157079
Current Value
4.33
Quarterly Volatility
1.20877226
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Gan financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Gan's main balance sheet or income statement drivers, such as Interest Income of 28.2 K, Depreciation And Amortization of 9.1 M or Interest Expense of 4.5 M, as well as many indicators such as Price To Sales Ratio of 0.51, Dividend Yield of 0.0 or Days Sales Outstanding of 30.59. Gan financial statements analysis is a perfect complement when working with Gan Valuation or Volatility modules.
  
Check out the analysis of Gan Correlation against competitors.
To learn how to invest in Gan Stock, please use our How to Invest in Gan guide.

Latest Gan's Payables Turnover Growth Pattern

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

Gan Payables Turnover Regression Statistics

Arithmetic Mean5.56
Geometric Mean5.40
Coefficient Of Variation21.73
Mean Deviation0.75
Median5.83
Standard Deviation1.21
Sample Variance1.46
Range5.6291
R-Value(0.19)
Mean Square Error1.52
R-Squared0.04
Significance0.50
Slope(0.05)
Total Sum of Squares20.46

Gan Payables Turnover History

2024 4.33
2023 5.55
2022 6.47
2021 7.85
2020 2.22
2019 4.53

About Gan Financial Statements

Gan investors utilize fundamental indicators, such as Payables Turnover, to predict how Gan 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 5.55  4.33 
When determining whether Gan offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Gan's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Gan Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gan Stock:
Check out the analysis of Gan Correlation against competitors.
To learn how to invest in Gan Stock, please use our How to Invest in Gan guide.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Is Hotels, Restaurants & Leisure 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 Gan. If investors know Gan 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 Gan listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.77)
Earnings Share
(0.29)
Revenue Per Share
2.964
Quarterly Revenue Growth
0.244
Return On Assets
(0.07)
The market value of Gan is measured differently than its book value, which is the value of Gan that is recorded on the company's balance sheet. Investors also form their own opinion of Gan's value that differs from its market value or its book value, called intrinsic value, which is Gan'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 Gan's market value can be influenced by many factors that don't directly affect Gan'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 Gan's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gan is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gan'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.