OPTIMIZERx Payables Turnover from 2010 to 2024

OPRX Stock  USD 4.65  0.22  4.52%   
OPTIMIZERx Corp Payables Turnover yearly trend continues to be fairly 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 OPTIMIZERx Corp pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
12.85106168
Current Value
21.1
Quarterly Volatility
20.97541847
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check OPTIMIZERx Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among OPTIMIZERx Corp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.5 M, Interest Expense of 1.5 M or Total Revenue of 75.1 M, as well as many indicators such as Price To Sales Ratio of 3.26, Dividend Yield of 0.0 or PTB Ratio of 1.21. OPTIMIZERx financial statements analysis is a perfect complement when working with OPTIMIZERx Corp Valuation or Volatility modules.
  
Check out the analysis of OPTIMIZERx Corp Correlation against competitors.
For more information on how to buy OPTIMIZERx Stock please use our How to Invest in OPTIMIZERx Corp guide.

Latest OPTIMIZERx Corp's Payables Turnover Growth Pattern

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

OPTIMIZERx Payables Turnover Regression Statistics

Arithmetic Mean18.04
Geometric Mean6.76
Coefficient Of Variation116.27
Mean Deviation14.18
Median13.50
Standard Deviation20.98
Sample Variance439.97
Range79.4884
R-Value0.03
Mean Square Error473.43
R-Squared0.0008
Significance0.92
Slope0.13
Total Sum of Squares6,160

OPTIMIZERx Payables Turnover History

2024 21.1
2023 12.85
2022 15.15
2021 42.28
2020 31.07
2019 18.58
2018 21.9

About OPTIMIZERx Corp Financial Statements

OPTIMIZERx Corp investors use historical fundamental indicators, such as OPTIMIZERx Corp'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 OPTIMIZERx Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 12.85  21.10 

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Additional Tools for OPTIMIZERx Stock Analysis

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