MongoDB Payables Turnover from 2010 to 2024

MDB Stock  USD 315.33  33.57  11.91%   
MongoDB's Payables Turnover is increasing over the years with slightly volatile fluctuation. Payables Turnover is expected to dwindle to 25.47. Payables Turnover is a liquidity ratio that shows how quickly MongoDB pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
42.85562847
Current Value
25.47
Quarterly Volatility
14.42185312
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check MongoDB financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MongoDB's main balance sheet or income statement drivers, such as Tax Provision of 13.7 M, Interest Income of 84.2 M or Depreciation And Amortization of 17.5 M, as well as many indicators such as Price To Sales Ratio of 15.31, Dividend Yield of 0.0 or PTB Ratio of 28.03. MongoDB financial statements analysis is a perfect complement when working with MongoDB Valuation or Volatility modules.
  
Check out the analysis of MongoDB Correlation against competitors.
For information on how to trade MongoDB Stock refer to our How to Trade MongoDB Stock guide.

Latest MongoDB's Payables Turnover Growth Pattern

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

MongoDB Payables Turnover Regression Statistics

Arithmetic Mean26.12
Geometric Mean22.52
Coefficient Of Variation55.22
Mean Deviation12.99
Median18.96
Standard Deviation14.42
Sample Variance207.99
Range39.0653
R-Value0.79
Mean Square Error85.67
R-Squared0.62
Significance0.0005
Slope2.53
Total Sum of Squares2,912

MongoDB Payables Turnover History

2024 25.47
2023 42.86
2022 42.11
2021 49.58
2019 42.73
2018 34.17
2017 18.96

About MongoDB Financial Statements

MongoDB stakeholders use historical fundamental indicators, such as MongoDB's Payables Turnover, to determine how well the company is positioned to perform in the future. Although MongoDB investors may analyze each financial statement separately, they are all interrelated. For example, changes in MongoDB's assets and liabilities are reflected in the revenues and expenses on MongoDB'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 MongoDB. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 42.86  25.47 

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 MongoDB offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MongoDB'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 Mongodb Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mongodb Stock:
Check out the analysis of MongoDB Correlation against competitors.
For information on how to trade MongoDB Stock refer to our How to Trade MongoDB Stock guide.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Internet Services & Infrastructure 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 MongoDB. If investors know MongoDB 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 MongoDB listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(3.01)
Revenue Per Share
25.057
Quarterly Revenue Growth
0.128
Return On Assets
(0.06)
Return On Equity
(0.20)
The market value of MongoDB is measured differently than its book value, which is the value of MongoDB that is recorded on the company's balance sheet. Investors also form their own opinion of MongoDB's value that differs from its market value or its book value, called intrinsic value, which is MongoDB'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 MongoDB's market value can be influenced by many factors that don't directly affect MongoDB'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 MongoDB's value and its price as these two are different measures arrived at by different means. Investors typically determine if MongoDB is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MongoDB'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.