Shuttle Average Payables from 2010 to 2024

SHPH Stock  USD 0.87  0.01  1.14%   
Shuttle Pharmaceuticals' Average Payables is increasing with slightly volatile movements from year to year. Average Payables is estimated to finish at about 249 K this year. Average Payables is the average amount owed to suppliers and creditors over a specific period, reflecting Shuttle Pharmaceuticals' payment cycle and credit terms with suppliers. View All Fundamentals
 
Average Payables  
First Reported
2010-12-31
Previous Quarter
185.6 K
Current Value
249 K
Quarterly Volatility
247.9 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Shuttle Pharmaceuticals financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Shuttle Pharmaceuticals' main balance sheet or income statement drivers, such as Interest Expense of 2.7 M, Tax Provision of 0.0 or Depreciation And Amortization of 6.5 K, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.002 or PTB Ratio of 13.56. Shuttle financial statements analysis is a perfect complement when working with Shuttle Pharmaceuticals Valuation or Volatility modules.
  
Check out the analysis of Shuttle Pharmaceuticals Correlation against competitors.
For more detail on how to invest in Shuttle Stock please use our How to Invest in Shuttle Pharmaceuticals guide.

Latest Shuttle Pharmaceuticals' Average Payables Growth Pattern

Below is the plot of the Average Payables of Shuttle Pharmaceuticals over the last few years. It is the average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers. Shuttle Pharmaceuticals' Average Payables historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Shuttle Pharmaceuticals' overall financial position and show how it may be relating to other accounts over time.
Average Payables10 Years Trend
Slightly volatile
   Average Payables   
       Timeline  

Shuttle Average Payables Regression Statistics

Arithmetic Mean210,208
Geometric Mean118,761
Coefficient Of Variation117.95
Mean Deviation190,148
Median54,918
Standard Deviation247,947
Sample Variance61.5B
Range617.7K
R-Value0.54
Mean Square Error46.5B
R-Squared0.30
Significance0.04
Slope30,212
Total Sum of Squares860.7B

Shuttle Average Payables History

2024249 K
2023185.6 K
2022206.3 K
2019672.6 K

About Shuttle Pharmaceuticals Financial Statements

Investors use fundamental indicators, such as Shuttle Pharmaceuticals' Average Payables, to determine how well the company is positioned to perform in the future. Although Shuttle Pharmaceuticals' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Average Payables185.6 K249 K

Currently Active Assets on Macroaxis

When determining whether Shuttle Pharmaceuticals offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Shuttle Pharmaceuticals' 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 Shuttle Pharmaceuticals Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Shuttle Pharmaceuticals Stock:
Check out the analysis of Shuttle Pharmaceuticals Correlation against competitors.
For more detail on how to invest in Shuttle Stock please use our How to Invest in Shuttle Pharmaceuticals guide.
You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Is Biotechnology 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 Shuttle Pharmaceuticals. If investors know Shuttle 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 Shuttle Pharmaceuticals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(4.25)
Return On Assets
(0.62)
Return On Equity
(1.86)
The market value of Shuttle Pharmaceuticals is measured differently than its book value, which is the value of Shuttle that is recorded on the company's balance sheet. Investors also form their own opinion of Shuttle Pharmaceuticals' value that differs from its market value or its book value, called intrinsic value, which is Shuttle Pharmaceuticals' 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 Shuttle Pharmaceuticals' market value can be influenced by many factors that don't directly affect Shuttle Pharmaceuticals' 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 Shuttle Pharmaceuticals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Shuttle Pharmaceuticals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shuttle Pharmaceuticals' 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.