Nature Payables Turnover from 2010 to 2024

NWGL Stock   1.37  0.04  2.84%   
Nature Wood Payables Turnover yearly trend continues to be quite stable with very little volatility. The value of Payables Turnover is projected to decrease to 8.60. Payables Turnover is a liquidity ratio that shows how quickly Nature Wood Group pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
9.81400985
Current Value
8.6
Quarterly Volatility
3.09199164
 
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Yuan Drop
 
Covid
Check Nature Wood financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nature Wood's main balance sheet or income statement drivers, such as Interest Income of 24.4 K, Depreciation And Amortization of 1.7 M or Interest Expense of 1.8 M, as well as many indicators such as Price To Sales Ratio of 20.32, Dividend Yield of 0.0 or PTB Ratio of 46.78. Nature financial statements analysis is a perfect complement when working with Nature Wood Valuation or Volatility modules.
  
Check out the analysis of Nature Wood Correlation against competitors.

Latest Nature Wood's Payables Turnover Growth Pattern

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

Nature Payables Turnover Regression Statistics

Arithmetic Mean7.57
Geometric Mean7.19
Coefficient Of Variation40.85
Mean Deviation2.02
Median6.19
Standard Deviation3.09
Sample Variance9.56
Range11.5837
R-Value0.56
Mean Square Error7.06
R-Squared0.31
Significance0.03
Slope0.39
Total Sum of Squares133.85

Nature Payables Turnover History

2024 8.6
2023 9.81
2022 17.78
2021 9.22

About Nature Wood Financial Statements

Nature Wood investors utilize fundamental indicators, such as Payables Turnover, to predict how Nature Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Payables Turnover 9.81  8.60 

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When determining whether Nature Wood Group is a strong investment it is important to analyze Nature Wood's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Nature Wood's future performance. For an informed investment choice regarding Nature Stock, refer to the following important reports:
Check out the analysis of Nature Wood Correlation against competitors.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Is Paper & Forest Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nature Wood. If investors know Nature will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nature Wood listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.88)
Revenue Per Share
1.82
Quarterly Revenue Growth
(0.49)
Return On Assets
(0.08)
Return On Equity
(0.78)
The market value of Nature Wood Group is measured differently than its book value, which is the value of Nature that is recorded on the company's balance sheet. Investors also form their own opinion of Nature Wood's value that differs from its market value or its book value, called intrinsic value, which is Nature Wood's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nature Wood's market value can be influenced by many factors that don't directly affect Nature Wood's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nature Wood's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nature Wood is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nature Wood's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.