NovaBay Payables Turnover from 2010 to 2024

NBY Stock  USD 0.68  0.04  5.56%   
NovaBay Pharmaceuticals Payables Turnover yearly trend continues to be fairly stable with very little volatility. Payables Turnover will likely drop to 3.22 in 2024. Payables Turnover is a liquidity ratio that shows how quickly NovaBay Pharmaceuticals pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
6.04513274
Current Value
3.22
Quarterly Volatility
3.66479928
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check NovaBay Pharmaceuticals financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NovaBay Pharmaceuticals' main balance sheet or income statement drivers, such as Depreciation And Amortization of 229.5 K, Interest Expense of 4.6 M or Other Operating Expenses of 16.9 M, as well as many indicators such as Price To Sales Ratio of 0.0555, Dividend Yield of 0.0 or PTB Ratio of 0.25. NovaBay financial statements analysis is a perfect complement when working with NovaBay Pharmaceuticals Valuation or Volatility modules.
  
Check out the analysis of NovaBay Pharmaceuticals Correlation against competitors.
For more information on how to buy NovaBay Stock please use our How to Invest in NovaBay Pharmaceuticals guide.

Latest NovaBay Pharmaceuticals' Payables Turnover Growth Pattern

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

NovaBay Payables Turnover Regression Statistics

Arithmetic Mean3.43
Geometric Mean0.87
Coefficient Of Variation106.77
Mean Deviation2.85
Median2.73
Standard Deviation3.66
Sample Variance13.43
Range13.1281
R-Value0.63
Mean Square Error8.70
R-Squared0.40
Significance0.01
Slope0.52
Total Sum of Squares188.03

NovaBay Payables Turnover History

2024 3.22
2023 6.05
2022 6.13
2021 2.66
2020 13.15
2019 5.25
2018 2.73

About NovaBay Pharmaceuticals Financial Statements

NovaBay Pharmaceuticals investors use historical fundamental indicators, such as NovaBay Pharmaceuticals' 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 NovaBay Pharmaceuticals. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 6.05  3.22 

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Additional Tools for NovaBay Stock Analysis

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