Chicago Payables Turnover from 2010 to 2024

REFI Stock  USD 16.09  0.04  0.25%   
Chicago Atlantic's Payables Turnover is increasing with slightly volatile movements from year to year. Payables Turnover is predicted to flatten to 7.37. Payables Turnover is a liquidity ratio that shows how quickly Chicago Atlantic Real pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
7.75688511
Current Value
7.37
Quarterly Volatility
947.36512519
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Chicago Atlantic financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Chicago Atlantic's main balance sheet or income statement drivers, such as Depreciation And Amortization of 6.2 M, Interest Expense of 3.1 M or Selling General Administrative of 15.4 M, as well as many indicators such as Price To Sales Ratio of 4.85, Dividend Yield of 0.0686 or PTB Ratio of 1.17. Chicago financial statements analysis is a perfect complement when working with Chicago Atlantic Valuation or Volatility modules.
  
Check out the analysis of Chicago Atlantic Correlation against competitors.

Latest Chicago Atlantic's Payables Turnover Growth Pattern

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

Chicago Payables Turnover Regression Statistics

Arithmetic Mean249.33
Geometric Mean7.21
Coefficient Of Variation379.96
Mean Deviation456.60
Median4.25
Standard Deviation947.37
Sample Variance897,501
Range3.7K
R-Value0.31
Mean Square Error873,621
R-Squared0.1
Significance0.26
Slope65.68
Total Sum of Squares12.6M

Chicago Payables Turnover History

2024 7.37
2023 7.76
2022 3673.85

About Chicago Atlantic Financial Statements

Investors use fundamental indicators, such as Chicago Atlantic's Payables Turnover, to determine how well the company is positioned to perform in the future. Although Chicago Atlantic'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 7.76  7.37 

Currently Active Assets on Macroaxis

When determining whether Chicago Atlantic Real offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Chicago Atlantic's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Chicago Atlantic Real Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Chicago Atlantic Real Stock:
Check out the analysis of Chicago Atlantic Correlation against competitors.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Asset Management & Custody Banks 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 Chicago Atlantic. If investors know Chicago 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 Chicago Atlantic 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
0.037
Dividend Share
1.88
Earnings Share
2
Revenue Per Share
3.014
Quarterly Revenue Growth
0.121
The market value of Chicago Atlantic Real is measured differently than its book value, which is the value of Chicago that is recorded on the company's balance sheet. Investors also form their own opinion of Chicago Atlantic's value that differs from its market value or its book value, called intrinsic value, which is Chicago Atlantic'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 Chicago Atlantic's market value can be influenced by many factors that don't directly affect Chicago Atlantic'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 Chicago Atlantic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chicago Atlantic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chicago Atlantic'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.