Quanterix Payables Turnover from 2010 to 2024

QTRX Stock  USD 12.33  0.14  1.12%   
Quanterix Corp Payables Turnover yearly trend continues to be fairly stable with very little volatility. Payables Turnover will likely drop to 5.14 in 2024. Payables Turnover is a liquidity ratio that shows how quickly Quanterix 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
10.24603803
Current Value
5.14
Quarterly Volatility
3.04158435
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Quanterix Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Quanterix Corp's main balance sheet or income statement drivers, such as Interest Income of 634.1 K, Depreciation And Amortization of 8.8 M or Interest Expense of 16.6 M, as well as many indicators such as Price To Sales Ratio of 15.15, Dividend Yield of 0.0 or PTB Ratio of 3.4. Quanterix financial statements analysis is a perfect complement when working with Quanterix Corp Valuation or Volatility modules.
  
Check out the analysis of Quanterix Corp Correlation against competitors.
For more information on how to buy Quanterix Stock please use our How to Invest in Quanterix Corp guide.

Latest Quanterix Corp's Payables Turnover Growth Pattern

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

Quanterix Payables Turnover Regression Statistics

Arithmetic Mean5.80
Geometric Mean5.34
Coefficient Of Variation52.48
Mean Deviation1.86
Median4.80
Standard Deviation3.04
Sample Variance9.25
Range11.6785
R-Value0.49
Mean Square Error7.60
R-Squared0.24
Significance0.07
Slope0.33
Total Sum of Squares129.52

Quanterix Payables Turnover History

2024 5.14
2023 10.25
2022 15.31
2021 5.3
2020 5.62
2019 5.18
2018 3.85

About Quanterix Corp Financial Statements

Quanterix Corp investors use historical fundamental indicators, such as Quanterix 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 Quanterix Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 10.25  5.14 

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Additional Tools for Quanterix Stock Analysis

When running Quanterix Corp's price analysis, check to measure Quanterix 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 Quanterix Corp is operating at the current time. Most of Quanterix Corp's value examination focuses on studying past and present price action to predict the probability of Quanterix 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 Quanterix Corp's price. Additionally, you may evaluate how the addition of Quanterix Corp to your portfolios can decrease your overall portfolio volatility.