Protagenic Payables Turnover from 2010 to 2024

PTIXW Stock  USD 0.01  0  11.11%   
Protagenic Therapeutics Payables Turnover yearly trend continues to be fairly stable with very little volatility. Payables Turnover will likely drop to 0.24 in 2024. Payables Turnover is a liquidity ratio that shows how quickly Protagenic 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
0.24795698
Current Value
0.24
Quarterly Volatility
0.74618868
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Protagenic Therapeutics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Protagenic Therapeutics' main balance sheet or income statement drivers, such as Depreciation And Amortization of 26.8 K, Interest Expense of 137.6 K or Selling General Administrative of 1.1 M, as well as many indicators such as Price To Sales Ratio of 0.28, Dividend Yield of 0.0 or PTB Ratio of 1.11. Protagenic financial statements analysis is a perfect complement when working with Protagenic Therapeutics Valuation or Volatility modules.
  
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Latest Protagenic Therapeutics' Payables Turnover Growth Pattern

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

Protagenic Payables Turnover Regression Statistics

Arithmetic Mean0.25
Geometric Mean0.02
Coefficient Of Variation301.76
Mean Deviation0.36
Median0.04
Standard Deviation0.75
Sample Variance0.56
Range2.9294
R-Value(0.39)
Mean Square Error0.51
R-Squared0.15
Significance0.15
Slope(0.06)
Total Sum of Squares7.80

Protagenic Payables Turnover History

2024 0.24
2023 0.25
2021 1.93E-4
2020 0.002016
2019 0.002079
2018 0.0345
2017 0.0135

About Protagenic Therapeutics Financial Statements

Protagenic Therapeutics investors use historical fundamental indicators, such as Protagenic Therapeutics' 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 Protagenic Therapeutics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 0.25  0.24 

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Additional Tools for Protagenic Stock Analysis

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