SKYX Payables Turnover from 2010 to 2024

SKYX Stock  USD 1.05  0.05  5.00%   
SKYX Platforms Payables Turnover yearly trend continues to be fairly stable with very little volatility. Payables Turnover will likely drop to 2.92 in 2024. Payables Turnover is a liquidity ratio that shows how quickly SKYX Platforms Corp pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
4.02909268
Current Value
2.92
Quarterly Volatility
1.75122691
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check SKYX Platforms financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SKYX Platforms' main balance sheet or income statement drivers, such as Depreciation And Amortization of 953.5 K, Interest Expense of 3.3 M or Selling General Administrative of 38.9 M, as well as many indicators such as Price To Sales Ratio of 2.28, Dividend Yield of 1.0E-4 or PTB Ratio of 9.14. SKYX financial statements analysis is a perfect complement when working with SKYX Platforms Valuation or Volatility modules.
  
Check out the analysis of SKYX Platforms Correlation against competitors.

Latest SKYX Platforms' Payables Turnover Growth Pattern

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

SKYX Payables Turnover Regression Statistics

Arithmetic Mean2.60
Geometric Mean1.54
Coefficient Of Variation67.27
Mean Deviation1.45
Median2.36
Standard Deviation1.75
Sample Variance3.07
Range5.7744
R-Value0.05
Mean Square Error3.30
R-Squared0
Significance0.87
Slope0.02
Total Sum of Squares42.94

SKYX Payables Turnover History

2024 2.92
2023 4.03
2022 0.0138
2021 0.29
2020 0.5
2018 4.3
2017 4.68

About SKYX Platforms Financial Statements

SKYX Platforms investors use historical fundamental indicators, such as SKYX Platforms' 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 SKYX Platforms. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 4.03  2.92 

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Additional Tools for SKYX Stock Analysis

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