Solarmax Days Payables Outstanding from 2010 to 2024

SMXT Stock   1.48  0.27  22.31%   
Solarmax Technology Days Payables Outstanding yearly trend continues to be comparatively stable with very little volatility. Days Payables Outstanding will likely drop to 27.30 in 2024. From the period from 2010 to 2024, Solarmax Technology Days Payables Outstanding quarterly data regression had r-value of (0.29) and coefficient of variation of  46.04. View All Fundamentals
 
Days Payables Outstanding  
First Reported
2010-12-31
Previous Quarter
28.73272582
Current Value
27.3
Quarterly Volatility
26.73387044
 
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Covid
Check Solarmax Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Solarmax Technology's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1 M, Interest Expense of 1.7 M or Total Revenue of 59.6 M, as well as many indicators such as Price To Sales Ratio of 2.37, Dividend Yield of 0.0 or Days Sales Outstanding of 141. Solarmax financial statements analysis is a perfect complement when working with Solarmax Technology Valuation or Volatility modules.
  
Check out the analysis of Solarmax Technology Correlation against competitors.

Latest Solarmax Technology's Days Payables Outstanding Growth Pattern

Below is the plot of the Days Payables Outstanding of Solarmax Technology Common over the last few years. It is Solarmax Technology's Days Payables Outstanding historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Solarmax Technology's 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  

Solarmax Days Payables Outstanding Regression Statistics

Arithmetic Mean58.06
Geometric Mean53.04
Coefficient Of Variation46.04
Mean Deviation14.48
Median58.41
Standard Deviation26.73
Sample Variance714.70
Range116
R-Value(0.29)
Mean Square Error704.62
R-Squared0.08
Significance0.29
Slope(1.74)
Total Sum of Squares10,006

Solarmax Days Payables Outstanding History

2024 27.3
2023 28.73
2022 21.87
2021 45.73
2019 70.98
2018 138.08

About Solarmax Technology Financial Statements

Solarmax Technology shareholders use historical fundamental indicators, such as Days Payables Outstanding, to determine how well the company is positioned to perform in the future. Although Solarmax Technology investors may analyze each financial statement separately, they are all interrelated. The changes in Solarmax Technology's assets and liabilities, for example, are also reflected in the revenues and expenses on on Solarmax Technology's 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
Days Payables Outstanding 28.73  27.30 

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Additional Tools for Solarmax Stock Analysis

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