Solid Days Payables Outstanding from 2010 to 2024

SLDB Stock  USD 5.70  0.01  0.18%   
Solid Biosciences' Days Payables Outstanding is decreasing over the years with slightly volatile fluctuation. Days Payables Outstanding is expected to dwindle to 9.20. From 2010 to 2024 Solid Biosciences Days Payables Outstanding quarterly data regression line had arithmetic mean of  9,526 and r-squared of  0.79. View All Fundamentals
 
Days Payables Outstanding  
First Reported
2010-12-31
Previous Quarter
9.68718572
Current Value
9.2
Quarterly Volatility
9.7 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Solid Biosciences financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Solid Biosciences' main balance sheet or income statement drivers, such as Interest Income of 7.4 M, Interest Expense of 24.7 M or Selling General Administrative of 20.8 M, as well as many indicators such as Price To Sales Ratio of 10.66, Dividend Yield of 0.0 or PTB Ratio of 1.01. Solid financial statements analysis is a perfect complement when working with Solid Biosciences Valuation or Volatility modules.
  
Check out the analysis of Solid Biosciences Correlation against competitors.

Latest Solid Biosciences' Days Payables Outstanding Growth Pattern

Below is the plot of the Days Payables Outstanding of Solid Biosciences LLC over the last few years. It is Solid Biosciences' Days Payables Outstanding historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Solid Biosciences' overall financial position and show how it may be relating to other accounts over time.
Days Payables Outstanding10 Years Trend
Slightly volatile
   Days Payables Outstanding   
       Timeline  

Solid Days Payables Outstanding Regression Statistics

Arithmetic Mean9,526
Geometric Mean1,611
Coefficient Of Variation101.37
Mean Deviation9,261
Median4,127
Standard Deviation9,657
Sample Variance93.3M
Range19.4K
R-Value(0.89)
Mean Square Error20.8M
R-Squared0.79
Slope(1,922)
Total Sum of Squares1.3B

Solid Days Payables Outstanding History

2024 9.2
2023 9.69
2022 490.81
2021 27.73
2020 304.69
2019 920.77
2018 860.29

About Solid Biosciences Financial Statements

Solid Biosciences stakeholders use historical fundamental indicators, such as Solid Biosciences' Days Payables Outstanding, to determine how well the company is positioned to perform in the future. Although Solid Biosciences investors may analyze each financial statement separately, they are all interrelated. For example, changes in Solid Biosciences' assets and liabilities are reflected in the revenues and expenses on Solid Biosciences' 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 Solid Biosciences LLC. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Payables Outstanding 9.69  9.20 

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When determining whether Solid Biosciences LLC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Solid Biosciences' 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 Solid Biosciences Llc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Solid Biosciences Llc Stock:
Check out the analysis of Solid Biosciences Correlation against competitors.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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 Solid Biosciences. If investors know Solid 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 Solid Biosciences listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(3.04)
Quarterly Revenue Growth
(1.00)
Return On Assets
(0.35)
Return On Equity
(0.66)
The market value of Solid Biosciences LLC is measured differently than its book value, which is the value of Solid that is recorded on the company's balance sheet. Investors also form their own opinion of Solid Biosciences' value that differs from its market value or its book value, called intrinsic value, which is Solid Biosciences' 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 Solid Biosciences' market value can be influenced by many factors that don't directly affect Solid Biosciences' 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 Solid Biosciences' value and its price as these two are different measures arrived at by different means. Investors typically determine if Solid Biosciences is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Solid Biosciences' 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.