NexGel Payables Turnover from 2010 to 2024

NXGLW Stock  USD 0.48  0.03  5.88%   
NexGel Warrant Payables Turnover yearly trend continues to be fairly stable with very little volatility. Payables Turnover will likely drop to 2.67 in 2024. Payables Turnover is a liquidity ratio that shows how quickly NexGel Warrant pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
2.81427413
Current Value
2.67
Quarterly Volatility
7.68119745
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check NexGel Warrant financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NexGel Warrant's main balance sheet or income statement drivers, such as Depreciation And Amortization of 266.2 K, Total Revenue of 2.1 M or Gross Profit of 650 K, as well as many indicators such as Price To Sales Ratio of 2.81, Dividend Yield of 0.0 or PTB Ratio of 2.44. NexGel financial statements analysis is a perfect complement when working with NexGel Warrant Valuation or Volatility modules.
  
Check out the analysis of NexGel Warrant Correlation against competitors.
For more information on how to buy NexGel Stock please use our How to Invest in NexGel Warrant guide.

Latest NexGel Warrant's Payables Turnover Growth Pattern

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

NexGel Payables Turnover Regression Statistics

Arithmetic Mean11.30
Geometric Mean8.19
Coefficient Of Variation67.99
Mean Deviation6.24
Median15.41
Standard Deviation7.68
Sample Variance59.00
Range27.8191
R-Value(0.66)
Mean Square Error35.52
R-Squared0.44
Significance0.01
Slope(1.14)
Total Sum of Squares826.01

NexGel Payables Turnover History

2024 2.67
2023 2.81
2022 6.76
2021 6.07
2020 1.47
2019 1.67
2018 10.82

About NexGel Warrant Financial Statements

NexGel Warrant investors use historical fundamental indicators, such as NexGel Warrant'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 NexGel Warrant. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 2.81  2.67 

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Additional Tools for NexGel Stock Analysis

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