Recursion Payables Turnover from 2010 to 2024

RXRX Stock  USD 5.89  0.11  1.83%   
Recursion Pharmaceuticals Payables Turnover yearly trend continues to be fairly stable with very little volatility. Payables Turnover will likely drop to 10.23 in 2024. Payables Turnover is a liquidity ratio that shows how quickly Recursion Pharmaceuticals pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
10.77333671
Current Value
10.23
Quarterly Volatility
14.8611911
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Recursion Pharmaceuticals financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Recursion Pharmaceuticals' main balance sheet or income statement drivers, such as Net Interest Income of 19.1 M, Interest Income of 19.2 M or Depreciation And Amortization of 25.6 M, as well as many indicators such as Price To Sales Ratio of 43.68, Dividend Yield of 0.0 or PTB Ratio of 4.64. Recursion financial statements analysis is a perfect complement when working with Recursion Pharmaceuticals Valuation or Volatility modules.
  
Check out the analysis of Recursion Pharmaceuticals Correlation against competitors.
For more information on how to buy Recursion Stock please use our How to Invest in Recursion Pharmaceuticals guide.

Latest Recursion Pharmaceuticals' Payables Turnover Growth Pattern

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

Recursion Payables Turnover Regression Statistics

Arithmetic Mean30.47
Geometric Mean24.91
Coefficient Of Variation48.78
Mean Deviation11.61
Median36.33
Standard Deviation14.86
Sample Variance220.86
Range55.7267
R-Value(0.57)
Mean Square Error160.81
R-Squared0.32
Significance0.03
Slope(1.89)
Total Sum of Squares3,092

Recursion Payables Turnover History

2024 10.23
2023 10.77
2022 10.53
2021 3.23
2020 58.96

About Recursion Pharmaceuticals Financial Statements

Recursion Pharmaceuticals investors use historical fundamental indicators, such as Recursion Pharmaceuticals' 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 Recursion Pharmaceuticals. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 10.77  10.23 

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Additional Tools for Recursion Stock Analysis

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