Omega Payables Turnover from 2010 to 2024

OMGA Stock  USD 0.86  0.07  8.86%   
Omega Therapeutics' Payables Turnover is increasing over the years with slightly volatile fluctuation. Overall, Payables Turnover is expected to go to 42.69 this year. Payables Turnover is a liquidity ratio that shows how quickly Omega Therapeutics pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
40.65987654
Current Value
42.69
Quarterly Volatility
14.34426943
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Omega Therapeutics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Omega Therapeutics' main balance sheet or income statement drivers, such as Net Interest Income of 2.7 M, Depreciation And Amortization of 7.1 M or Interest Expense of 189.8 K, as well as many indicators such as Price To Sales Ratio of 49.92, Dividend Yield of 0.0 or PTB Ratio of 2.94. Omega financial statements analysis is a perfect complement when working with Omega Therapeutics Valuation or Volatility modules.
  
Check out the analysis of Omega Therapeutics Correlation against competitors.
For information on how to trade Omega Stock refer to our How to Trade Omega Stock guide.

Latest Omega Therapeutics' Payables Turnover Growth Pattern

Below is the plot of the Payables Turnover of Omega Therapeutics 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. Omega Therapeutics' Payables Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Omega Therapeutics' overall financial position and show how it may be relating to other accounts over time.
Payables Turnover10 Years Trend
Slightly volatile
   Payables Turnover   
       Timeline  

Omega Payables Turnover Regression Statistics

Arithmetic Mean6.36
Geometric Mean1.51
Coefficient Of Variation225.50
Mean Deviation9.42
Median0.87
Standard Deviation14.34
Sample Variance205.76
Range42.0323
R-Value0.60
Mean Square Error142.85
R-Squared0.36
Significance0.02
Slope1.91
Total Sum of Squares2,881

Omega Payables Turnover History

2024 42.69
2023 40.66
2022 1.67
2021 0.66
2020 1.08

About Omega Therapeutics Financial Statements

Omega Therapeutics stakeholders use historical fundamental indicators, such as Omega Therapeutics' Payables Turnover, to determine how well the company is positioned to perform in the future. Although Omega Therapeutics investors may analyze each financial statement separately, they are all interrelated. For example, changes in Omega Therapeutics' assets and liabilities are reflected in the revenues and expenses on Omega Therapeutics' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Omega Therapeutics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 40.66  42.69 

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When determining whether Omega Therapeutics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Omega Therapeutics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Omega Therapeutics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Omega Therapeutics Stock:
Check out the analysis of Omega Therapeutics Correlation against competitors.
For information on how to trade Omega Stock refer to our How to Trade Omega Stock guide.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Is Biotechnology 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 Omega Therapeutics. If investors know Omega 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 Omega Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.32)
Revenue Per Share
0.114
Quarterly Revenue Growth
1.812
Return On Assets
(0.25)
Return On Equity
(1.29)
The market value of Omega Therapeutics is measured differently than its book value, which is the value of Omega that is recorded on the company's balance sheet. Investors also form their own opinion of Omega Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Omega Therapeutics' 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 Omega Therapeutics' market value can be influenced by many factors that don't directly affect Omega Therapeutics' 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 Omega Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Omega Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Omega Therapeutics' 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.