QMMM Days Payables Outstanding from 2010 to 2024

QMMM Stock   1.11  0.15  11.90%   
QMMM Holdings Days Payables Outstanding yearly trend continues to be very stable with very little volatility. Days Payables Outstanding is likely to drop to 1.27. During the period from 2010 to 2024, QMMM Holdings Days Payables Outstanding quarterly data regression pattern had sample variance of  201.64 and median of  33.31. View All Fundamentals
 
Days Payables Outstanding  
First Reported
2010-12-31
Previous Quarter
1.34
Current Value
1.27
Quarterly Volatility
14.19993026
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check QMMM Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among QMMM Holdings' main balance sheet or income statement drivers, such as Tax Provision of 3.1 K, Interest Income of 2.2 K or Depreciation And Amortization of 220.8 K, as well as many indicators such as Price To Sales Ratio of 16.95, Dividend Yield of 0.0 or Days Sales Outstanding of 47.2. QMMM financial statements analysis is a perfect complement when working with QMMM Holdings Valuation or Volatility modules.
  
Check out the analysis of QMMM Holdings Correlation against competitors.

Latest QMMM Holdings' Days Payables Outstanding Growth Pattern

Below is the plot of the Days Payables Outstanding of QMMM Holdings Limited over the last few years. It is QMMM Holdings' Days Payables Outstanding historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in QMMM Holdings' overall financial position and show how it may be relating to other accounts over time.
Days Payables Outstanding10 Years Trend
Slightly volatile
   Days Payables Outstanding   
       Timeline  

QMMM Days Payables Outstanding Regression Statistics

Arithmetic Mean25.06
Geometric Mean15.37
Coefficient Of Variation56.67
Mean Deviation12.10
Median33.31
Standard Deviation14.20
Sample Variance201.64
Range32.1438
R-Value(0.77)
Mean Square Error87.40
R-Squared0.60
Significance0.0007
Slope(2.45)
Total Sum of Squares2,823

QMMM Days Payables Outstanding History

2024 1.27
2023 1.34
2022 1.16
2021 5.69

About QMMM Holdings Financial Statements

QMMM Holdings investors utilize fundamental indicators, such as Days Payables Outstanding, to predict how QMMM Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Days Payables Outstanding 1.34  1.27 

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When determining whether QMMM Holdings Limited is a strong investment it is important to analyze QMMM Holdings' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact QMMM Holdings' future performance. For an informed investment choice regarding QMMM Stock, refer to the following important reports:
Check out the analysis of QMMM Holdings Correlation against competitors.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Is Advertising 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 QMMM Holdings. If investors know QMMM 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 QMMM Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of QMMM Holdings Limited is measured differently than its book value, which is the value of QMMM that is recorded on the company's balance sheet. Investors also form their own opinion of QMMM Holdings' value that differs from its market value or its book value, called intrinsic value, which is QMMM Holdings' 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 QMMM Holdings' market value can be influenced by many factors that don't directly affect QMMM Holdings' 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 QMMM Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if QMMM Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, QMMM Holdings' 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.