Genius Payables Turnover from 2010 to 2024

GENI Stock  USD 9.07  0.15  1.68%   
Genius Sports' Payables Turnover is increasing with stable movements from year to year. Payables Turnover is estimated to finish at 9.02 this year. Payables Turnover is a liquidity ratio that shows how quickly Genius Sports pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
5.99473675
Current Value
9.02
Quarterly Volatility
4.01411935
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Genius Sports financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Genius Sports' main balance sheet or income statement drivers, such as Interest Expense of 1.3 M, Income Tax Expense of 5.6 M or Tax Provision of 7.1 M, as well as many indicators such as Price To Sales Ratio of 4.49, Dividend Yield of 0.22 or PTB Ratio of 2.56. Genius financial statements analysis is a perfect complement when working with Genius Sports Valuation or Volatility modules.
  
Check out the analysis of Genius Sports Correlation against competitors.
For more detail on how to invest in Genius Stock please use our How to Invest in Genius Sports guide.

Latest Genius Sports' Payables Turnover Growth Pattern

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

Genius Payables Turnover Regression Statistics

Arithmetic Mean10.19
Geometric Mean9.71
Coefficient Of Variation39.38
Mean Deviation1.98
Median9.52
Standard Deviation4.01
Sample Variance16.11
Range17.9562
R-Value0.14
Mean Square Error16.99
R-Squared0.02
Significance0.61
Slope0.13
Total Sum of Squares225.58

Genius Payables Turnover History

2024 9.02
2023 5.99
2022 10.21
2021 23.95
2020 11.29
2019 6.72

About Genius Sports Financial Statements

Investors use fundamental indicators, such as Genius Sports' Payables Turnover, to determine how well the company is positioned to perform in the future. Although Genius Sports' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Payables Turnover 5.99  9.02 

Currently Active Assets on Macroaxis

When determining whether Genius Sports offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Genius Sports' 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 Genius Sports Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Genius Sports Stock:
Check out the analysis of Genius Sports Correlation against competitors.
For more detail on how to invest in Genius Stock please use our How to Invest in Genius Sports guide.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Interactive Media & Services 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 Genius Sports. If investors know Genius 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 Genius Sports listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.32)
Revenue Per Share
1.828
Quarterly Revenue Growth
0.182
Return On Assets
(0.07)
Return On Equity
(0.13)
The market value of Genius Sports is measured differently than its book value, which is the value of Genius that is recorded on the company's balance sheet. Investors also form their own opinion of Genius Sports' value that differs from its market value or its book value, called intrinsic value, which is Genius Sports' 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 Genius Sports' market value can be influenced by many factors that don't directly affect Genius Sports' 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 Genius Sports' value and its price as these two are different measures arrived at by different means. Investors typically determine if Genius Sports is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genius Sports' 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.