NeoVolta Payables Turnover from 2010 to 2024

NEOV Stock  USD 5.80  0.31  5.65%   
NeoVolta Common Payables Turnover yearly trend continues to be fairly stable with very little volatility. Payables Turnover will likely drop to 270.20 in 2024. Payables Turnover is a liquidity ratio that shows how quickly NeoVolta Common Stock pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
461.8
Current Value
270.2
Quarterly Volatility
156.0200887
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check NeoVolta Common financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NeoVolta Common's main balance sheet or income statement drivers, such as Interest Expense of 0.0, Depreciation And Amortization of 32 K or Selling General Administrative of 4.2 M, as well as many indicators such as Price To Sales Ratio of 18.82, Dividend Yield of 0.0 or PTB Ratio of 12.51. NeoVolta financial statements analysis is a perfect complement when working with NeoVolta Common Valuation or Volatility modules.
  
Check out the analysis of NeoVolta Common Correlation against competitors.

Latest NeoVolta Common's Payables Turnover Growth Pattern

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

NeoVolta Payables Turnover Regression Statistics

Arithmetic Mean404.97
Geometric Mean326.69
Coefficient Of Variation38.53
Mean Deviation113.54
Median484.44
Standard Deviation156.02
Sample Variance24,342
Range466
R-Value(0.53)
Mean Square Error18,977
R-Squared0.28
Significance0.04
Slope(18.33)
Total Sum of Squares340,792

NeoVolta Payables Turnover History

2024 270.2
2023 461.8
2022 401.57
2021 18.51
2020 78.04

About NeoVolta Common Financial Statements

NeoVolta Common investors use historical fundamental indicators, such as NeoVolta Common'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 NeoVolta Common. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 461.80  270.20 

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for NeoVolta Stock Analysis

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