Marygold Days Payables Outstanding from 2010 to 2024

MGLD Stock  USD 1.48  0.05  3.27%   
Marygold Companies' Days Payables Outstanding is decreasing over the years with slightly volatile fluctuation. Days Payables Outstanding is expected to dwindle to 77.74. During the period from 2010 to 2024 Marygold Companies Days Payables Outstanding annual values regression line had geometric mean of  93.69 and mean square error of  59,271. View All Fundamentals
 
Days Payables Outstanding  
First Reported
2010-12-31
Previous Quarter
81.83199541
Current Value
77.74
Quarterly Volatility
261.78435674
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Marygold Companies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Marygold Companies' main balance sheet or income statement drivers, such as Other Operating Expenses of 41 M, Total Operating Expenses of 31.9 M or Depreciation And Amortization of 555.8 K, as well as many indicators such as Price To Sales Ratio of 1.69, Dividend Yield of 0.0 or Days Sales Outstanding of 39.8. Marygold financial statements analysis is a perfect complement when working with Marygold Companies Valuation or Volatility modules.
  
Check out the analysis of Marygold Companies Correlation against competitors.
For information on how to trade Marygold Stock refer to our How to Trade Marygold Stock guide.

Latest Marygold Companies' Days Payables Outstanding Growth Pattern

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

Marygold Days Payables Outstanding Regression Statistics

Arithmetic Mean156.97
Geometric Mean93.69
Coefficient Of Variation166.77
Mean Deviation131.37
Median81.83
Standard Deviation261.78
Sample Variance68,531
Range1.1K
R-Value(0.44)
Mean Square Error59,271
R-Squared0.20
Significance0.1
Slope(25.97)
Total Sum of Squares959,435

Marygold Days Payables Outstanding History

2024 77.74
2023 81.83
2022 55.31
2021 79.47
2020 65.71
2019 76.77
2018 90.56

About Marygold Companies Financial Statements

Marygold Companies stakeholders use historical fundamental indicators, such as Marygold Companies' Days Payables Outstanding, to determine how well the company is positioned to perform in the future. Although Marygold Companies investors may analyze each financial statement separately, they are all interrelated. For example, changes in Marygold Companies' assets and liabilities are reflected in the revenues and expenses on Marygold Companies' 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 Marygold Companies. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Payables Outstanding 81.83  77.74 

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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 Marygold Companies is a strong investment it is important to analyze Marygold Companies' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Marygold Companies' future performance. For an informed investment choice regarding Marygold Stock, refer to the following important reports:
Check out the analysis of Marygold Companies Correlation against competitors.
For information on how to trade Marygold Stock refer to our How to Trade Marygold Stock guide.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Asset Management & Custody Banks 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 Marygold Companies. If investors know Marygold 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 Marygold Companies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.72)
Earnings Share
(0.13)
Revenue Per Share
0.823
Quarterly Revenue Growth
(0.04)
Return On Assets
(0.13)
The market value of Marygold Companies is measured differently than its book value, which is the value of Marygold that is recorded on the company's balance sheet. Investors also form their own opinion of Marygold Companies' value that differs from its market value or its book value, called intrinsic value, which is Marygold Companies' 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 Marygold Companies' market value can be influenced by many factors that don't directly affect Marygold Companies' 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 Marygold Companies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Marygold Companies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Marygold Companies' 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.