Sight Payables Turnover from 2010 to 2024

SGHT Stock  USD 3.76  0.03  0.80%   
Sight Sciences Payables Turnover yearly trend continues to be comparatively stable with very little volatility. Payables Turnover is likely to outpace its year average in 2024. Payables Turnover is a liquidity ratio that shows how quickly Sight Sciences pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
6.86366262
Current Value
7.21
Quarterly Volatility
2.11762277
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Sight Sciences financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sight Sciences' main balance sheet or income statement drivers, such as Tax Provision of 74.8 K, Interest Income of 0.0 or Depreciation And Amortization of 858.2 K, as well as many indicators such as Price To Sales Ratio of 2.94, Dividend Yield of 0.0 or PTB Ratio of 2.19. Sight financial statements analysis is a perfect complement when working with Sight Sciences Valuation or Volatility modules.
  
Check out the analysis of Sight Sciences Correlation against competitors.
For more information on how to buy Sight Stock please use our How to Invest in Sight Sciences guide.

Latest Sight Sciences' Payables Turnover Growth Pattern

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

Sight Payables Turnover Regression Statistics

Arithmetic Mean2.64
Geometric Mean2.06
Coefficient Of Variation80.35
Mean Deviation1.68
Median1.24
Standard Deviation2.12
Sample Variance4.48
Range5.9657
R-Value0.83
Mean Square Error1.52
R-Squared0.69
Significance0.0001
Slope0.39
Total Sum of Squares62.78

Sight Payables Turnover History

2024 7.21
2023 6.86
2022 4.6
2021 2.57
2020 4.27
2019 2.83

About Sight Sciences Financial Statements

Sight Sciences shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although Sight Sciences investors may analyze each financial statement separately, they are all interrelated. The changes in Sight Sciences' assets and liabilities, for example, are also reflected in the revenues and expenses on on Sight Sciences' 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 6.86  7.21 

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Additional Tools for Sight Stock Analysis

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