NABL Payables Turnover from 2010 to 2024

NABL Stock  USD 10.31  0.06  0.58%   
N Able Payables Turnover yearly trend continues to be quite stable with very little volatility. Payables Turnover may rise above 16.15 this year. Payables Turnover is a liquidity ratio that shows how quickly N Able Inc pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
13.13323153
Current Value
16.15
Quarterly Volatility
5.48899927
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check N Able financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among N Able's main balance sheet or income statement drivers, such as Tax Provision of 10.3 M, Depreciation And Amortization of 32.7 M or Interest Expense of 22.1 M, as well as many indicators such as Price To Sales Ratio of 5.44, Dividend Yield of 0.088 or PTB Ratio of 6.52. NABL financial statements analysis is a perfect complement when working with N Able Valuation or Volatility modules.
  
Check out the analysis of N Able Correlation against competitors.

Latest N Able's Payables Turnover Growth Pattern

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

NABL Payables Turnover Regression Statistics

Arithmetic Mean11.74
Geometric Mean10.96
Coefficient Of Variation46.74
Mean Deviation3.73
Median8.99
Standard Deviation5.49
Sample Variance30.13
Range20.1566
R-Value0.47
Mean Square Error25.41
R-Squared0.22
Significance0.08
Slope0.57
Total Sum of Squares421.81

NABL Payables Turnover History

2024 16.15
2023 13.13
2022 16.54
2021 8.94
2020 11.4
2019 29.1

About N Able Financial Statements

N Able investors utilize fundamental indicators, such as Payables Turnover, to predict how NABL Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Payables Turnover 13.13  16.15 

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When determining whether N Able Inc is a strong investment it is important to analyze N Able's 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 N Able's future performance. For an informed investment choice regarding NABL Stock, refer to the following important reports:
Check out the analysis of N Able Correlation against competitors.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Systems 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 N Able. If investors know NABL 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 N Able 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
0.933
Earnings Share
0.2
Revenue Per Share
2.484
Quarterly Revenue Growth
0.083
Return On Assets
0.0483
The market value of N Able Inc is measured differently than its book value, which is the value of NABL that is recorded on the company's balance sheet. Investors also form their own opinion of N Able's value that differs from its market value or its book value, called intrinsic value, which is N Able'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 N Able's market value can be influenced by many factors that don't directly affect N Able'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 N Able's value and its price as these two are different measures arrived at by different means. Investors typically determine if N Able is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, N Able'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.