Sharps Payables Turnover from 2010 to 2024

STSSW Stock  USD 0.03  0  7.69%   
Sharps Technology Payables Turnover yearly trend continues to be fairly stable with very little volatility. Payables Turnover is likely to outpace its year average in 2024. Payables Turnover is a liquidity ratio that shows how quickly Sharps Technology Warrant pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
1.12232734
Current Value
1.18
Quarterly Volatility
0.44336104
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Sharps Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sharps Technology's main balance sheet or income statement drivers, such as Total Revenue of 0.0, Other Operating Expenses of 10.6 M or Cost Of Revenue of 725.2 K, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 14.28. Sharps financial statements analysis is a perfect complement when working with Sharps Technology Valuation or Volatility modules.
  
Check out the analysis of Sharps Technology Correlation against competitors.
For more information on how to buy Sharps Stock please use our How to Invest in Sharps Technology guide.

Latest Sharps Technology's Payables Turnover Growth Pattern

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

Sharps Payables Turnover Regression Statistics

Arithmetic Mean0.31
Geometric Mean0.16
Coefficient Of Variation141.33
Mean Deviation0.34
Median0.11
Standard Deviation0.44
Sample Variance0.20
Range1.1693
R-Value0.68
Mean Square Error0.11
R-Squared0.46
Significance0.01
Slope0.07
Total Sum of Squares2.75

Sharps Payables Turnover History

2024 1.18
2023 1.12
2022 1.2
2021 0.0357

About Sharps Technology Financial Statements

Sharps Technology investors use historical fundamental indicators, such as Sharps Technology's 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 Sharps Technology. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 1.12  1.18 

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Additional Tools for Sharps Stock Analysis

When running Sharps Technology's price analysis, check to measure Sharps 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 Sharps Technology is operating at the current time. Most of Sharps Technology's value examination focuses on studying past and present price action to predict the probability of Sharps 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 Sharps Technology's price. Additionally, you may evaluate how the addition of Sharps Technology to your portfolios can decrease your overall portfolio volatility.