Royce Payables Turnover from 2010 to 2024

RMT Stock  USD 10.33  0.15  1.47%   
Royce Micro Payables Turnover yearly trend continues to be comparatively stable with very little volatility. Payables Turnover will likely drop to 10.63 in 2024. Payables Turnover is a liquidity ratio that shows how quickly Royce Micro Cap pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
11.18793241
Current Value
10.63
Quarterly Volatility
43.34249653
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Royce Micro financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Royce Micro's main balance sheet or income statement drivers, such as Interest Expense of 1.2 M, Selling General Administrative of 8.1 M or Total Revenue of 15.4 M, as well as many indicators such as Price To Sales Ratio of 35.0, Dividend Yield of 0.0384 or PTB Ratio of 0.96. Royce financial statements analysis is a perfect complement when working with Royce Micro Valuation or Volatility modules.
  
Check out the analysis of Royce Micro Correlation against competitors.

Latest Royce Micro's Payables Turnover Growth Pattern

Below is the plot of the Payables Turnover of Royce Micro Cap 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. Royce Micro's Payables Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Royce Micro's overall financial position and show how it may be relating to other accounts over time.
Payables Turnover10 Years Trend
Very volatile
   Payables Turnover   
       Timeline  

Royce Payables Turnover Regression Statistics

Arithmetic Mean18.80
Geometric Mean7.69
Coefficient Of Variation230.58
Mean Deviation20.82
Median5.94
Standard Deviation43.34
Sample Variance1,879
Range175
R-Value0.1
Mean Square Error2,005
R-Squared0.01
Significance0.74
Slope0.92
Total Sum of Squares26,300

Royce Payables Turnover History

2024 10.63
2023 11.19
2022 0.34
2021 8.95
2020 14.07
2019 14.35
2018 174.92

About Royce Micro Financial Statements

Royce Micro shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although Royce Micro investors may analyze each financial statement separately, they are all interrelated. The changes in Royce Micro's assets and liabilities, for example, are also reflected in the revenues and expenses on on Royce Micro's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Payables Turnover 11.19  10.63 

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Additional Tools for Royce Stock Analysis

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