Mercurity Days Payables Outstanding from 2010 to 2024

MFH Stock  USD 5.90  0.91  18.24%   
Mercurity Fintech's Days Payables Outstanding is decreasing with slightly volatile movements from year to year. Days Payables Outstanding is predicted to flatten to 5.97. For the period between 2010 and 2024, Mercurity Fintech, Days Payables Outstanding quarterly trend regression had mean deviation of  316.84 and range of 872. View All Fundamentals
 
Days Payables Outstanding  
First Reported
2010-12-31
Previous Quarter
6.28052
Current Value
5.97
Quarterly Volatility
373.45589407
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Mercurity Fintech financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mercurity Fintech's main balance sheet or income statement drivers, such as Depreciation And Amortization of 854 K, Interest Expense of 916.8 K or Selling General Administrative of 2.4 M, as well as many indicators such as Price To Sales Ratio of 254, Dividend Yield of 0.0 or PTB Ratio of 7.02. Mercurity financial statements analysis is a perfect complement when working with Mercurity Fintech Valuation or Volatility modules.
  
Check out the analysis of Mercurity Fintech Correlation against competitors.

Latest Mercurity Fintech's Days Payables Outstanding Growth Pattern

Below is the plot of the Days Payables Outstanding of Mercurity Fintech Holding over the last few years. It is Mercurity Fintech's Days Payables Outstanding historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Mercurity Fintech'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  

Mercurity Days Payables Outstanding Regression Statistics

Arithmetic Mean250.26
Geometric Mean52.89
Coefficient Of Variation149.23
Mean Deviation316.84
Median37.86
Standard Deviation373.46
Sample Variance139,469
Range872
R-Value(0.81)
Mean Square Error51,491
R-Squared0.66
Significance0.0002
Slope(67.70)
Total Sum of Squares2M

Mercurity Days Payables Outstanding History

2024 5.97
2023 6.28
2021 5.84
2018 37.86
2017 16.48
2016 11.02

About Mercurity Fintech Financial Statements

Investors use fundamental indicators, such as Mercurity Fintech's Days Payables Outstanding, to determine how well the company is positioned to perform in the future. Although Mercurity Fintech's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Days Payables Outstanding 6.28  5.97 

Currently Active Assets on Macroaxis

When determining whether Mercurity Fintech Holding offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mercurity Fintech'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 Mercurity Fintech Holding Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mercurity Fintech Holding Stock:
Check out the analysis of Mercurity Fintech Correlation against competitors.
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Is Application 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 Mercurity Fintech. If investors know Mercurity 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 Mercurity Fintech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Revenue Per Share
0.01
Quarterly Revenue Growth
1.485
Return On Assets
(0.21)
Return On Equity
(0.54)
The market value of Mercurity Fintech Holding is measured differently than its book value, which is the value of Mercurity that is recorded on the company's balance sheet. Investors also form their own opinion of Mercurity Fintech's value that differs from its market value or its book value, called intrinsic value, which is Mercurity Fintech'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 Mercurity Fintech's market value can be influenced by many factors that don't directly affect Mercurity Fintech'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 Mercurity Fintech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mercurity Fintech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mercurity Fintech'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.