Milestone Payables Turnover from 2010 to 2024

MLSS Stock  USD 0.77  0.06  8.45%   
Milestone Scientific Payables Turnover yearly trend continues to be comparatively stable with very little volatility. Payables Turnover is likely to outpace its year average in 2024. Payables Turnover is a liquidity ratio that shows how quickly Milestone Scientific pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
2.75864727
Current Value
3.38
Quarterly Volatility
1.28253594
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Milestone Scientific financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Milestone Scientific's main balance sheet or income statement drivers, such as Depreciation And Amortization of 143.2 K, Interest Expense of 59.7 K or Selling General Administrative of 8.5 M, as well as many indicators such as Price To Sales Ratio of 8.51, Dividend Yield of 0.0 or PTB Ratio of 4.26. Milestone financial statements analysis is a perfect complement when working with Milestone Scientific Valuation or Volatility modules.
  
Check out the analysis of Milestone Scientific Correlation against competitors.
For more information on how to buy Milestone Stock please use our How to Invest in Milestone Scientific guide.

Latest Milestone Scientific's Payables Turnover Growth Pattern

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

Milestone Payables Turnover Regression Statistics

Arithmetic Mean2.49
Geometric Mean2.20
Coefficient Of Variation51.45
Mean Deviation1.07
Median1.93
Standard Deviation1.28
Sample Variance1.64
Range4.3489
R-Value0.69
Mean Square Error0.92
R-Squared0.48
Significance0
Slope0.20
Total Sum of Squares23.03

Milestone Payables Turnover History

2024 3.38
2023 2.76
2022 3.54
2021 5.12
2020 3.76
2019 1.93
2018 1.81

About Milestone Scientific Financial Statements

Milestone Scientific shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although Milestone Scientific investors may analyze each financial statement separately, they are all interrelated. The changes in Milestone Scientific's assets and liabilities, for example, are also reflected in the revenues and expenses on on Milestone Scientific'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 2.76  3.38 

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Additional Tools for Milestone Stock Analysis

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