Sitime Payables Turnover from 2010 to 2024

SITM Stock  USD 210.50  1.83  0.88%   
Sitime Payables Turnover yearly trend continues to be very stable with very little volatility. Payables Turnover is likely to grow to 9.39 this year. Payables Turnover is a liquidity ratio that shows how quickly Sitime pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
7.12370541
Current Value
9.39
Quarterly Volatility
1.31992882
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Sitime financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sitime's main balance sheet or income statement drivers, such as Tax Provision of 106 K, Net Interest Income of 24.8 M or Interest Income of 24.8 M, as well as many indicators such as Price To Sales Ratio of 19.75, Dividend Yield of 0.0 or PTB Ratio of 3.63. Sitime financial statements analysis is a perfect complement when working with Sitime Valuation or Volatility modules.
  
Check out the analysis of Sitime Correlation against competitors.
To learn how to invest in Sitime Stock, please use our How to Invest in Sitime guide.

Latest Sitime's Payables Turnover Growth Pattern

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

Sitime Payables Turnover Regression Statistics

Arithmetic Mean8.89
Geometric Mean8.79
Coefficient Of Variation14.85
Mean Deviation0.90
Median9.16
Standard Deviation1.32
Sample Variance1.74
Range5.4503
R-Value(0.35)
Mean Square Error1.64
R-Squared0.12
Significance0.20
Slope(0.10)
Total Sum of Squares24.39

Sitime Payables Turnover History

2024 9.39
2023 7.12
2022 6.76
2021 6.06
2020 9.42
2019 11.51
2018 9.75

About Sitime Financial Statements

Sitime investors utilize fundamental indicators, such as Payables Turnover, to predict how Sitime Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Payables Turnover 7.12  9.39 

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When determining whether Sitime is a strong investment it is important to analyze Sitime'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 Sitime's future performance. For an informed investment choice regarding Sitime Stock, refer to the following important reports:
Check out the analysis of Sitime Correlation against competitors.
To learn how to invest in Sitime Stock, please use our How to Invest in Sitime guide.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Semiconductors & Semiconductor Equipment 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 Sitime. If investors know Sitime 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 Sitime listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.61)
Earnings Share
(4.13)
Revenue Per Share
7.732
Quarterly Revenue Growth
0.624
Return On Assets
(0.08)
The market value of Sitime is measured differently than its book value, which is the value of Sitime that is recorded on the company's balance sheet. Investors also form their own opinion of Sitime's value that differs from its market value or its book value, called intrinsic value, which is Sitime'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 Sitime's market value can be influenced by many factors that don't directly affect Sitime'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 Sitime's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sitime is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sitime'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.