Genfit Payables Turnover from 2010 to 2024

GNFT Stock  USD 4.23  0.03  0.70%   
Genfit Payables Turnover yearly trend continues to be comparatively stable with very little volatility. Payables Turnover will likely drop to 0.03 in 2024. Payables Turnover is a liquidity ratio that shows how quickly Genfit pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
0.03263783
Current Value
0.031
Quarterly Volatility
0.15509077
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Genfit financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Genfit's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.9 M, Interest Expense of 4.1 M or Selling General Administrative of 11.1 M, as well as many indicators such as Price To Sales Ratio of 5.87, Dividend Yield of 0.0 or PTB Ratio of 2.47. Genfit financial statements analysis is a perfect complement when working with Genfit Valuation or Volatility modules.
  
Check out the analysis of Genfit Correlation against competitors.
For more information on how to buy Genfit Stock please use our How to Invest in Genfit guide.

Latest Genfit's Payables Turnover Growth Pattern

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

Genfit Payables Turnover Regression Statistics

Arithmetic Mean0.16
Geometric Mean0.08
Coefficient Of Variation95.53
Mean Deviation0.14
Median0.12
Standard Deviation0.16
Sample Variance0.02
Range0.403
R-Value(0.90)
Mean Square Error0
R-Squared0.81
Slope(0.03)
Total Sum of Squares0.34

Genfit Payables Turnover History

2024 0.031
2023 0.0326
2022 0.0288
2021 0.0131
2020 0.009933
2019 0.005404
2018 0.0568

About Genfit Financial Statements

Genfit shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although Genfit investors may analyze each financial statement separately, they are all interrelated. The changes in Genfit's assets and liabilities, for example, are also reflected in the revenues and expenses on on Genfit'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 0.03  0.03 

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Additional Tools for Genfit Stock Analysis

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