Entrada Payables Turnover from 2010 to 2024

TRDA Stock  USD 19.37  0.33  1.73%   
Entrada Therapeutics' Payables Turnover is increasing over the years with slightly volatile fluctuation. Overall, Payables Turnover is expected to go to 32.00 this year. Payables Turnover is a liquidity ratio that shows how quickly Entrada Therapeutics pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
30.48031736
Current Value
32
Quarterly Volatility
10.90574635
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Entrada Therapeutics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Entrada Therapeutics' main balance sheet or income statement drivers, such as Net Interest Income of 12.5 M, Interest Income of 16 M or Depreciation And Amortization of 3 M, as well as many indicators such as Price To Sales Ratio of 3.1, Dividend Yield of 0.0 or PTB Ratio of 2.16. Entrada financial statements analysis is a perfect complement when working with Entrada Therapeutics Valuation or Volatility modules.
  
Check out the analysis of Entrada Therapeutics Correlation against competitors.
For information on how to trade Entrada Stock refer to our How to Trade Entrada Stock guide.

Latest Entrada Therapeutics' Payables Turnover Growth Pattern

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

Entrada Payables Turnover Regression Statistics

Arithmetic Mean4.40
Geometric Mean0.38
Coefficient Of Variation247.68
Mean Deviation7.16
Median0.15
Standard Deviation10.91
Sample Variance118.94
Range31.8535
R-Value0.60
Mean Square Error81.51
R-Squared0.36
Significance0.02
Slope1.47
Total Sum of Squares1,665

Entrada Payables Turnover History

2024 32.0
2023 30.48
2022 0.32
2021 1.58
2020 0.2

About Entrada Therapeutics Financial Statements

Entrada Therapeutics stakeholders use historical fundamental indicators, such as Entrada Therapeutics' Payables Turnover, to determine how well the company is positioned to perform in the future. Although Entrada Therapeutics investors may analyze each financial statement separately, they are all interrelated. For example, changes in Entrada Therapeutics' assets and liabilities are reflected in the revenues and expenses on Entrada Therapeutics' 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 Entrada Therapeutics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 30.48  32.00 

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When determining whether Entrada Therapeutics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Entrada Therapeutics' 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 Entrada Therapeutics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Entrada Therapeutics Stock:
Check out the analysis of Entrada Therapeutics Correlation against competitors.
For information on how to trade Entrada Stock refer to our How to Trade Entrada Stock guide.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
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 Entrada Therapeutics. If investors know Entrada 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 Entrada Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
1.44
Revenue Per Share
6.074
Quarterly Revenue Growth
(0.55)
Return On Assets
0.0695
Return On Equity
0.1642
The market value of Entrada Therapeutics is measured differently than its book value, which is the value of Entrada that is recorded on the company's balance sheet. Investors also form their own opinion of Entrada Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Entrada Therapeutics' 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 Entrada Therapeutics' market value can be influenced by many factors that don't directly affect Entrada Therapeutics' 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 Entrada Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Entrada Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Entrada Therapeutics' 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.