Novonix Days Of Payables Outstanding from 2010 to 2024

NVX Stock  USD 1.98  0.71  26.39%   
Novonix Days Of Payables Outstanding yearly trend continues to be fairly stable with very little volatility. Days Of Payables Outstanding will likely drop to 116.90 in 2024. During the period from 2010 to 2024, Novonix Days Of Payables Outstanding regression line of annual values had r-squared of  0.11 and arithmetic mean of  112.50. View All Fundamentals
 
Days Of Payables Outstanding  
First Reported
2010-12-31
Previous Quarter
118.53514954
Current Value
116.9
Quarterly Volatility
128.16274794
 
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Yuan Drop
 
Covid
Check Novonix financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Novonix's main balance sheet or income statement drivers, such as Depreciation And Amortization of 5 M, Interest Expense of 3 M or Selling General Administrative of 16.1 M, as well as many indicators such as Price To Sales Ratio of 28.82, Dividend Yield of 0.0167 or PTB Ratio of 1.4. Novonix financial statements analysis is a perfect complement when working with Novonix Valuation or Volatility modules.
  
Check out the analysis of Novonix Correlation against competitors.

Latest Novonix's Days Of Payables Outstanding Growth Pattern

Below is the plot of the Days Of Payables Outstanding of Novonix Ltd ADR over the last few years. It is Novonix's Days Of Payables Outstanding historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Novonix's overall financial position and show how it may be relating to other accounts over time.
Days Of Payables Outstanding10 Years Trend
Slightly volatile
   Days Of Payables Outstanding   
       Timeline  

Novonix Days Of Payables Outstanding Regression Statistics

Arithmetic Mean112.50
Geometric Mean85.63
Coefficient Of Variation113.92
Mean Deviation68.24
Median66.94
Standard Deviation128.16
Sample Variance16,426
Range519
R-Value0.34
Mean Square Error15,687
R-Squared0.11
Significance0.22
Slope9.64
Total Sum of Squares229,960

Novonix Days Of Payables Outstanding History

2024 116.9
2023 118.54
2022 42.13
2021 561.27
2020 58.76
2019 134.67
2018 142.89

About Novonix Financial Statements

Novonix investors use historical fundamental indicators, such as Novonix's Days Of Payables Outstanding, 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 Novonix. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Of Payables Outstanding 118.54  116.90 

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Additional Tools for Novonix Stock Analysis

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