SCCG Payables Turnover from 2010 to 2024

SCCG Stock  USD 21.28  0.52  2.50%   
SCCG's Payables Turnover is increasing over the last several years with slightly volatile swings. Payables Turnover is estimated to finish at 0.0004 this year. Payables Turnover is a liquidity ratio that shows how quickly SCCG pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
0.000396
Current Value
0.000416
Quarterly Volatility
0.00039294
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check SCCG financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SCCG's main balance sheet or income statement drivers, such as Interest Expense of 26 M, Total Revenue of 68 M or Gross Profit of 67.7 M, as well as many indicators such as Price To Sales Ratio of 15.05, Dividend Yield of 20.98 or PTB Ratio of 4.53. SCCG financial statements analysis is a perfect complement when working with SCCG Valuation or Volatility modules.
  
Check out the analysis of SCCG Correlation against competitors.
For more detail on how to invest in SCCG Stock please use our How to Invest in SCCG guide.

Latest SCCG's Payables Turnover Growth Pattern

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

SCCG Payables Turnover Regression Statistics

Arithmetic Mean(0.0003)
Geometric Mean0.0005
Coefficient Of Variation(124.44)
Mean Deviation0.0003
Median(0.0005)
Standard Deviation0.0004
Sample Variance0.00000015
Range0.001
R-Value0.79
Mean Square Error0.00000006
R-Squared0.62
Significance0.0005
Slope0.000069
Total Sum of Squares0.00000216

SCCG Payables Turnover History

2024 4.16E-4
2023 3.96E-4
2022 4.4E-4
2021 -2.38E-4
2020 -2.69E-4

About SCCG Financial Statements

SCCG stakeholders use historical fundamental indicators, such as SCCG's Payables Turnover, to determine how well the company is positioned to perform in the future. Although SCCG investors may analyze each financial statement separately, they are all interrelated. For example, changes in SCCG's assets and liabilities are reflected in the revenues and expenses on SCCG'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 SCCG. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year

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When determining whether SCCG is a strong investment it is important to analyze SCCG's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SCCG's future performance. For an informed investment choice regarding SCCG Stock, refer to the following important reports:
Check out the analysis of SCCG Correlation against competitors.
For more detail on how to invest in SCCG Stock please use our How to Invest in SCCG guide.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Trading 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 SCCG. If investors know SCCG 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 SCCG listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of SCCG is measured differently than its book value, which is the value of SCCG that is recorded on the company's balance sheet. Investors also form their own opinion of SCCG's value that differs from its market value or its book value, called intrinsic value, which is SCCG'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 SCCG's market value can be influenced by many factors that don't directly affect SCCG'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 SCCG's value and its price as these two are different measures arrived at by different means. Investors typically determine if SCCG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SCCG'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.