Mainz Payables Turnover from 2010 to 2024

MYNZ Stock  USD 0.26  0.03  13.04%   
Mainz Biomed Payables Turnover yearly trend continues to be fairly stable with very little volatility. Payables Turnover will likely drop to 0.16 in 2024. Payables Turnover is a liquidity ratio that shows how quickly Mainz Biomed BV pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
0.16584144
Current Value
0.16
Quarterly Volatility
0.67473585
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Mainz Biomed financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mainz Biomed's main balance sheet or income statement drivers, such as Tax Provision of 0.0, Depreciation And Amortization of 1.1 M or Interest Expense of 419.9 K, as well as many indicators such as Price To Sales Ratio of 19.99, Dividend Yield of 0.0 or PTB Ratio of 6.09. Mainz financial statements analysis is a perfect complement when working with Mainz Biomed Valuation or Volatility modules.
  
Check out the analysis of Mainz Biomed Correlation against competitors.

Latest Mainz Biomed's Payables Turnover Growth Pattern

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

Mainz Payables Turnover Regression Statistics

Arithmetic Mean1.34
Geometric Mean1.02
Coefficient Of Variation50.38
Mean Deviation0.57
Median1.71
Standard Deviation0.67
Sample Variance0.46
Range1.7359
R-Value(0.75)
Mean Square Error0.21
R-Squared0.57
Significance0
Slope(0.11)
Total Sum of Squares6.37

Mainz Payables Turnover History

2024 0.16
2023 0.17
2022 0.26
2021 0.48
2020 1.9

About Mainz Biomed Financial Statements

Mainz Biomed investors use historical fundamental indicators, such as Mainz Biomed's Payables Turnover, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Mainz Biomed. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 0.17  0.16 

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Additional Tools for Mainz Stock Analysis

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