Nova Average Payables from 2010 to 2024

NVFY Stock  USD 0.50  0.02  3.85%   
Nova Lifestyle Average Payables yearly trend continues to be fairly stable with very little volatility. Average Payables will likely drop to about 371.2 K in 2024. Average Payables is the average amount owed to suppliers and creditors over a specific period, reflecting Nova Lifestyle's payment cycle and credit terms with suppliers. View All Fundamentals
 
Average Payables  
First Reported
2010-12-31
Previous Quarter
390.8 K
Current Value
371.2 K
Quarterly Volatility
3.7 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Nova Lifestyle financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nova Lifestyle's main balance sheet or income statement drivers, such as Interest Expense of 1.8 M, Selling General Administrative of 6.1 M or Total Revenue of 10.5 M, as well as many indicators such as Price To Sales Ratio of 0.74, Dividend Yield of 0.0 or PTB Ratio of 12.41. Nova financial statements analysis is a perfect complement when working with Nova Lifestyle Valuation or Volatility modules.
  
Check out the analysis of Nova Lifestyle Correlation against competitors.

Latest Nova Lifestyle's Average Payables Growth Pattern

Below is the plot of the Average Payables of Nova Lifestyle I over the last few years. It is the average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers. Nova Lifestyle's Average Payables historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Nova Lifestyle's overall financial position and show how it may be relating to other accounts over time.
Average Payables10 Years Trend
Slightly volatile
   Average Payables   
       Timeline  

Nova Average Payables Regression Statistics

Arithmetic Mean3,785,684
Geometric Mean2,030,122
Coefficient Of Variation96.78
Mean Deviation3,259,457
Median2,001,664
Standard Deviation3,663,755
Sample Variance13.4T
Range8.3M
R-Value(0.89)
Mean Square Error2.9T
R-Squared0.80
Slope(731,548)
Total Sum of Squares187.9T

Nova Average Payables History

2024371.2 K
2023390.8 K
2022339.8 K
2021551.1 K
2020580.9 K
20192.3 M
20182.9 M

About Nova Lifestyle Financial Statements

Nova Lifestyle investors use historical fundamental indicators, such as Nova Lifestyle's Average Payables, 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 Nova Lifestyle. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Average Payables390.8 K371.2 K

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Additional Tools for Nova Stock Analysis

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