JXJT Payables Turnover from 2010 to 2024

JXJT Stock  USD 1.22  0.02  1.67%   
JX Luxventure Payables Turnover yearly trend continues to be comparatively stable with very little volatility. Payables Turnover will likely drop to 64.58 in 2024. Payables Turnover is a liquidity ratio that shows how quickly JX Luxventure Limited pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
67.97848894
Current Value
64.58
Quarterly Volatility
263.39937143
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check JX Luxventure financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among JX Luxventure's main balance sheet or income statement drivers, such as Depreciation And Amortization of 272 K, Selling General Administrative of 1.9 M or Other Operating Expenses of 45.6 M, as well as many indicators such as Price To Sales Ratio of 0.24, Dividend Yield of 0.0 or PTB Ratio of 0.51. JXJT financial statements analysis is a perfect complement when working with JX Luxventure Valuation or Volatility modules.
  
Check out the analysis of JX Luxventure Correlation against competitors.

Latest JX Luxventure's Payables Turnover Growth Pattern

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

JXJT Payables Turnover Regression Statistics

Arithmetic Mean332.44
Geometric Mean234.34
Coefficient Of Variation79.23
Mean Deviation180.46
Median340.93
Standard Deviation263.40
Sample Variance69,379
Range1K
R-Value(0.56)
Mean Square Error51,383
R-Squared0.31
Significance0.03
Slope(32.91)
Total Sum of Squares971,309

JXJT Payables Turnover History

2024 64.58
2023 67.98
2022 116.86
2021 193.32
2020 29.83
2019 168.6
2018 495.71

About JX Luxventure Financial Statements

JX Luxventure shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although JX Luxventure investors may analyze each financial statement separately, they are all interrelated. The changes in JX Luxventure's assets and liabilities, for example, are also reflected in the revenues and expenses on on JX Luxventure'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 67.98  64.58 

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for JXJT Stock Analysis

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