Gitlab Days Payables Outstanding from 2010 to 2024

GTLB Stock  USD 66.62  1.82  2.81%   
Gitlab's Days Payables Outstanding is decreasing over the years with slightly volatile fluctuation. Days Payables Outstanding is expected to dwindle to 10.09. From 2010 to 2024 Gitlab Days Payables Outstanding quarterly data regression line had arithmetic mean of  55.39 and r-squared of  0.51. View All Fundamentals
 
Days Payables Outstanding  
First Reported
2010-12-31
Previous Quarter
10.62453943
Current Value
10.09
Quarterly Volatility
19.67998655
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Gitlab financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Gitlab's main balance sheet or income statement drivers, such as Tax Provision of 277.3 M, Net Interest Income of 41.1 M or Interest Income of 41.1 M, as well as many indicators such as Price To Sales Ratio of 17.97, Dividend Yield of 0.0 or PTB Ratio of 20.17. Gitlab financial statements analysis is a perfect complement when working with Gitlab Valuation or Volatility modules.
  
Check out the analysis of Gitlab Correlation against competitors.

Latest Gitlab's Days Payables Outstanding Growth Pattern

Below is the plot of the Days Payables Outstanding of Gitlab Inc over the last few years. It is Gitlab's Days Payables Outstanding historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Gitlab's overall financial position and show how it may be relating to other accounts over time.
Days Payables Outstanding10 Years Trend
Slightly volatile
   Days Payables Outstanding   
       Timeline  

Gitlab Days Payables Outstanding Regression Statistics

Arithmetic Mean55.39
Geometric Mean48.63
Coefficient Of Variation35.53
Mean Deviation14.51
Median65.13
Standard Deviation19.68
Sample Variance387.30
Range55.0385
R-Value(0.72)
Mean Square Error202.61
R-Squared0.51
Significance0
Slope(3.16)
Total Sum of Squares5,422

Gitlab Days Payables Outstanding History

2024 10.09
2023 10.62
2022 36.61
2021 60.67
2020 61.5

About Gitlab Financial Statements

Gitlab stakeholders use historical fundamental indicators, such as Gitlab's Days Payables Outstanding, to determine how well the company is positioned to perform in the future. Although Gitlab investors may analyze each financial statement separately, they are all interrelated. For example, changes in Gitlab's assets and liabilities are reflected in the revenues and expenses on Gitlab's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Gitlab Inc. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Payables Outstanding 10.62  10.09 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Gitlab Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Gitlab'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 Gitlab Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gitlab Inc Stock:
Check out the analysis of Gitlab Correlation against competitors.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is Systems Software 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 Gitlab. If investors know Gitlab 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 Gitlab listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.34)
Revenue Per Share
4.226
Quarterly Revenue Growth
0.308
Return On Assets
(0.08)
Return On Equity
(0.48)
The market value of Gitlab Inc is measured differently than its book value, which is the value of Gitlab that is recorded on the company's balance sheet. Investors also form their own opinion of Gitlab's value that differs from its market value or its book value, called intrinsic value, which is Gitlab'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 Gitlab's market value can be influenced by many factors that don't directly affect Gitlab'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 Gitlab's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gitlab is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gitlab'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.