Roma Payables Turnover from 2010 to 2024

ROMA Stock   0.68  0.02  3.03%   
Roma Green's Payables Turnover is increasing over the years with slightly volatile fluctuation. Overall, Payables Turnover is expected to go to 34.61 this year. Payables Turnover is a liquidity ratio that shows how quickly Roma Green Finance pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
32.95960966
Current Value
34.61
Quarterly Volatility
11.71864633
 
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Yuan Drop
 
Covid
Check Roma Green financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Roma Green's main balance sheet or income statement drivers, such as Tax Provision of 0.0, Net Interest Income of 188.5 K or Interest Income of 188.5 K, as well as many indicators such as Price To Sales Ratio of 8.29, Dividend Yield of 0.0 or PTB Ratio of 1.41. Roma financial statements analysis is a perfect complement when working with Roma Green Valuation or Volatility modules.
  
Check out the analysis of Roma Green Correlation against competitors.

Latest Roma Green's Payables Turnover Growth Pattern

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

Roma Payables Turnover Regression Statistics

Arithmetic Mean6.08
Geometric Mean1.65
Coefficient Of Variation192.63
Mean Deviation8.39
Median0.85
Standard Deviation11.72
Sample Variance137.33
Range33.8973
R-Value0.67
Mean Square Error81.35
R-Squared0.45
Significance0.01
Slope1.76
Total Sum of Squares1,923

Roma Payables Turnover History

2024 34.61
2023 32.96
2022 13.6
2021 0.71

About Roma Green Financial Statements

Roma Green stakeholders use historical fundamental indicators, such as Roma Green's Payables Turnover, to determine how well the company is positioned to perform in the future. Although Roma Green investors may analyze each financial statement separately, they are all interrelated. For example, changes in Roma Green's assets and liabilities are reflected in the revenues and expenses on Roma Green's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Roma Green Finance. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 32.96  34.61 

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When determining whether Roma Green Finance offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Roma Green'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 Roma Green Finance Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Roma Green Finance Stock:
Check out the analysis of Roma Green Correlation against competitors.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is Environmental & Facilities Services 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 Roma Green. If investors know Roma 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 Roma Green listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.09)
Revenue Per Share
1.217
Quarterly Revenue Growth
(0.35)
Return On Assets
(0.11)
Return On Equity
(0.20)
The market value of Roma Green Finance is measured differently than its book value, which is the value of Roma that is recorded on the company's balance sheet. Investors also form their own opinion of Roma Green's value that differs from its market value or its book value, called intrinsic value, which is Roma Green'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 Roma Green's market value can be influenced by many factors that don't directly affect Roma Green'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 Roma Green's value and its price as these two are different measures arrived at by different means. Investors typically determine if Roma Green is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Roma Green'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.