Hut Payables Turnover from 2010 to 2025

HUT Stock  USD 21.69  0.19  0.88%   
Hut 8 Payables Turnover yearly trend continues to be comparatively stable with very little volatility. Payables Turnover will likely drop to 3.36 in 2025. Payables Turnover is a liquidity ratio that shows how quickly Hut 8 Corp pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
3.53
Current Value
3.36
Quarterly Volatility
33.17432415
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Hut 8 financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hut 8's main balance sheet or income statement drivers, such as Depreciation And Amortization of 24.2 M, Interest Expense of 35.8 M or Selling General Administrative of 112.5 M, as well as many indicators such as Price To Sales Ratio of 9.55, Dividend Yield of 0.0 or PTB Ratio of 1.21. Hut financial statements analysis is a perfect complement when working with Hut 8 Valuation or Volatility modules.
  
Check out the analysis of Hut 8 Correlation against competitors.

Latest Hut 8's Payables Turnover Growth Pattern

Below is the plot of the Payables Turnover of Hut 8 Corp 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. Hut 8's Payables Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Hut 8's overall financial position and show how it may be relating to other accounts over time.
Payables Turnover10 Years Trend
Very volatile
   Payables Turnover   
       Timeline  

Hut Payables Turnover Regression Statistics

Arithmetic Mean20.64
Geometric Mean9.72
Coefficient Of Variation160.72
Mean Deviation16.23
Median16.59
Standard Deviation33.17
Sample Variance1,101
Range141
R-Value(0.01)
Mean Square Error1,179
R-Squared0.0001
Significance0.97
Slope(0.08)
Total Sum of Squares16,508

Hut Payables Turnover History

2025 3.36
2024 3.53
2023 3.07
2022 29.48
2021 12.02
2019 141.63
2018 4.32

About Hut 8 Financial Statements

Hut 8 shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although Hut 8 investors may analyze each financial statement separately, they are all interrelated. The changes in Hut 8's assets and liabilities, for example, are also reflected in the revenues and expenses on on Hut 8'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 3.53  3.36 

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Additional Tools for Hut Stock Analysis

When running Hut 8's price analysis, check to measure Hut 8'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 Hut 8 is operating at the current time. Most of Hut 8's value examination focuses on studying past and present price action to predict the probability of Hut 8's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hut 8's price. Additionally, you may evaluate how the addition of Hut 8 to your portfolios can decrease your overall portfolio volatility.