Quhuo Payables Turnover from 2010 to 2024

QH Stock  USD 1.34  0.01  0.74%   
Quhuo's Payables Turnover is increasing with slightly volatile movements from year to year. Payables Turnover is predicted to flatten to 7.86. Payables Turnover is a liquidity ratio that shows how quickly Quhuo pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
13.91496228
Current Value
7.86
Quarterly Volatility
3.23906427
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Quhuo financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Quhuo's main balance sheet or income statement drivers, such as Interest Income of 570.1 K, Depreciation And Amortization of 15.4 M or Interest Expense of 5.8 M, as well as many indicators such as Price To Sales Ratio of 0.0149, Dividend Yield of 0.0 or PTB Ratio of 0.11. Quhuo financial statements analysis is a perfect complement when working with Quhuo Valuation or Volatility modules.
  
Check out the analysis of Quhuo Correlation against competitors.
For more detail on how to invest in Quhuo Stock please use our How to Invest in Quhuo guide.

Latest Quhuo's Payables Turnover Growth Pattern

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

Quhuo Payables Turnover Regression Statistics

Arithmetic Mean7.31
Geometric Mean6.71
Coefficient Of Variation44.32
Mean Deviation2.77
Median4.71
Standard Deviation3.24
Sample Variance10.49
Range9.2029
R-Value0.82
Mean Square Error3.74
R-Squared0.67
Significance0.0002
Slope0.59
Total Sum of Squares146.88

Quhuo Payables Turnover History

2024 7.86
2023 13.91
2022 12.16
2021 11.52
2020 8.88
2019 8.15
2018 9.42

About Quhuo Financial Statements

Investors use fundamental indicators, such as Quhuo's Payables Turnover, to determine how well the company is positioned to perform in the future. Although Quhuo's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Payables Turnover 13.91  7.86 

Currently Active Assets on Macroaxis

Check out the analysis of Quhuo Correlation against competitors.
For more detail on how to invest in Quhuo Stock please use our How to Invest in Quhuo guide.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Application Software 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 Quhuo. If investors know Quhuo 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 Quhuo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.304
Earnings Share
(0.55)
Revenue Per Share
520.024
Quarterly Revenue Growth
(0.07)
Return On Assets
(0.04)
The market value of Quhuo is measured differently than its book value, which is the value of Quhuo that is recorded on the company's balance sheet. Investors also form their own opinion of Quhuo's value that differs from its market value or its book value, called intrinsic value, which is Quhuo's 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 Quhuo's market value can be influenced by many factors that don't directly affect Quhuo's 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 Quhuo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Quhuo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Quhuo's 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.