Nxu Payables Turnover from 2010 to 2024

NXU Stock  USD 0.27  0.01  3.85%   
Nxu Payables Turnover yearly trend continues to be comparatively stable with very little volatility. Payables Turnover is likely to outpace its year average in 2024. Payables Turnover is a liquidity ratio that shows how quickly Nxu Inc pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
0.41143543
Current Value
0.73
Quarterly Volatility
0.38183489
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Nxu financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nxu's main balance sheet or income statement drivers, such as Other Operating Expenses of 57.7 M, Depreciation And Amortization of 723.5 K or Research Development of 7.1 M, as well as many indicators such as Price To Sales Ratio of 2.06, Dividend Yield of 0.0 or PTB Ratio of 0.2. Nxu financial statements analysis is a perfect complement when working with Nxu Valuation or Volatility modules.
  
Check out the analysis of Nxu Correlation against competitors.

Latest Nxu's Payables Turnover Growth Pattern

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

Nxu Payables Turnover Regression Statistics

Arithmetic Mean1.17
Geometric Mean1.06
Coefficient Of Variation32.61
Mean Deviation0.29
Median1.35
Standard Deviation0.38
Sample Variance0.15
Range1.1208
R-Value(0.65)
Mean Square Error0.09
R-Squared0.42
Significance0.01
Slope(0.06)
Total Sum of Squares2.04

Nxu Payables Turnover History

2024 0.73
2023 0.41
2022 0.23

About Nxu Financial Statements

Nxu shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although Nxu investors may analyze each financial statement separately, they are all interrelated. The changes in Nxu's assets and liabilities, for example, are also reflected in the revenues and expenses on on Nxu'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 0.41  0.73 

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Additional Tools for Nxu Stock Analysis

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