Marker Payables Turnover from 2010 to 2024

MRKR Stock  USD 3.10  0.15  5.08%   
Marker Therapeutics Payables Turnover yearly trend continues to be relatively stable with very little volatility. Payables Turnover is likely to grow to 14.20 this year. Payables Turnover is a liquidity ratio that shows how quickly Marker Therapeutics pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
10.8395307
Current Value
14.2
Quarterly Volatility
18.61828126
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Marker Therapeutics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Marker Therapeutics' main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.9 M, Interest Expense of 12.9 K or Selling General Administrative of 5.6 M, as well as many indicators such as Price To Sales Ratio of 13.9, Dividend Yield of 0.0 or PTB Ratio of 3.62. Marker financial statements analysis is a perfect complement when working with Marker Therapeutics Valuation or Volatility modules.
  
Check out the analysis of Marker Therapeutics Correlation against competitors.
To learn how to invest in Marker Stock, please use our How to Invest in Marker Therapeutics guide.

Latest Marker Therapeutics' Payables Turnover Growth Pattern

Below is the plot of the Payables Turnover of Marker Therapeutics 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. Marker Therapeutics' Payables Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Marker Therapeutics' overall financial position and show how it may be relating to other accounts over time.
Payables Turnover10 Years Trend
Pretty Stable
   Payables Turnover   
       Timeline  

Marker Payables Turnover Regression Statistics

Arithmetic Mean10.76
Geometric Mean5.29
Coefficient Of Variation172.98
Mean Deviation9.52
Median5.17
Standard Deviation18.62
Sample Variance346.64
Range76.2278
R-Value0.17
Mean Square Error362.96
R-Squared0.03
Significance0.55
Slope0.69
Total Sum of Squares4,853

Marker Payables Turnover History

2024 14.2
2023 10.84
2022 3.34
2021 0.61
2020 6.43
2019 12.85
2018 76.59

About Marker Therapeutics Financial Statements

Marker Therapeutics shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although Marker Therapeutics investors may analyze each financial statement separately, they are all interrelated. The changes in Marker Therapeutics' assets and liabilities, for example, are also reflected in the revenues and expenses on on Marker Therapeutics' 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 10.84  14.20 

Pair Trading with Marker Therapeutics

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Marker Therapeutics position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Marker Therapeutics will appreciate offsetting losses from the drop in the long position's value.

Moving against Marker Stock

  0.57MTEM Molecular TemplatesPairCorr
  0.47A Agilent Technologies Earnings Call TomorrowPairCorr
  0.47ME 23Andme HoldingPairCorr
  0.45TPST Tempest TherapeuticsPairCorr
  0.43MRK Merck Company Fiscal Year End 6th of February 2025 PairCorr
The ability to find closely correlated positions to Marker Therapeutics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Marker Therapeutics when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Marker Therapeutics - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Marker Therapeutics to buy it.
The correlation of Marker Therapeutics is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Marker Therapeutics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Marker Therapeutics moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Marker Therapeutics can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Marker Stock Analysis

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