Navitas Payables Turnover from 2010 to 2024

NVTS Stock  USD 2.02  0.19  10.38%   
Navitas Semiconductor Payables Turnover yearly trend continues to be comparatively stable with very little volatility. Payables Turnover will likely drop to 1.57 in 2024. Payables Turnover is a liquidity ratio that shows how quickly Navitas Semiconductor Corp pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
1.8167211
Current Value
1.57
Quarterly Volatility
0.40280397
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Navitas Semiconductor financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Navitas Semiconductor's main balance sheet or income statement drivers, such as Depreciation And Amortization of 159.5 K, Interest Expense of 1.7 M or Selling General Administrative of 45.9 M, as well as many indicators such as Price To Sales Ratio of 16.3, Dividend Yield of 0.0 or PTB Ratio of 3.4. Navitas financial statements analysis is a perfect complement when working with Navitas Semiconductor Valuation or Volatility modules.
  
Check out the analysis of Navitas Semiconductor Correlation against competitors.

Latest Navitas Semiconductor's Payables Turnover Growth Pattern

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

Navitas Payables Turnover Regression Statistics

Arithmetic Mean1.56
Geometric Mean1.52
Coefficient Of Variation25.77
Mean Deviation0.30
Median1.34
Standard Deviation0.40
Sample Variance0.16
Range1.3453
R-Value0.58
Mean Square Error0.12
R-Squared0.34
Significance0.02
Slope0.05
Total Sum of Squares2.27

Navitas Payables Turnover History

2024 1.57
2023 1.82
2022 1.77
2021 2.69
2020 2.2

About Navitas Semiconductor Financial Statements

Navitas Semiconductor shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although Navitas Semiconductor investors may analyze each financial statement separately, they are all interrelated. The changes in Navitas Semiconductor's assets and liabilities, for example, are also reflected in the revenues and expenses on on Navitas Semiconductor's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Payables Turnover 1.82  1.57 

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Additional Tools for Navitas Stock Analysis

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