TRINL Payables Turnover from 2010 to 2024
TRINL Stock | USD 25.37 0.02 0.08% |
Payables Turnover | First Reported 2010-12-31 | Previous Quarter 0.69055966 | Current Value 0.76 | Quarterly Volatility 0.05009976 |
Check TRINL financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among TRINL's main balance sheet or income statement drivers, such as , as well as many indicators such as Price To Sales Ratio of 3.07, Dividend Yield of 0.0789 or PTB Ratio of 0.88. TRINL financial statements analysis is a perfect complement when working with TRINL Valuation or Volatility modules.
TRINL | Payables Turnover |
Latest TRINL's Payables Turnover Growth Pattern
Below is the plot of the Payables Turnover of TRINL 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. TRINL's Payables Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in TRINL's overall financial position and show how it may be relating to other accounts over time.
Payables Turnover | 10 Years Trend |
|
Payables Turnover |
Timeline |
TRINL Payables Turnover Regression Statistics
Arithmetic Mean | 0.76 | |
Geometric Mean | 0.76 | |
Coefficient Of Variation | 6.62 | |
Mean Deviation | 0.04 | |
Median | 0.78 | |
Standard Deviation | 0.05 | |
Sample Variance | 0 | |
Range | 0.1461 | |
R-Value | (0.60) | |
Mean Square Error | 0 | |
R-Squared | 0.36 | |
Significance | 0.02 | |
Slope | (0.01) | |
Total Sum of Squares | 0.04 |
TRINL Payables Turnover History
About TRINL Financial Statements
TRINL investors utilize fundamental indicators, such as Payables Turnover, to predict how TRINL Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last Reported | Projected for Next Year | ||
Payables Turnover | 0.69 | 0.76 |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out the analysis of TRINL Correlation against competitors. For more information on how to buy TRINL Stock please use our How to buy in TRINL Stock guide.You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Asset Management & Custody Banks 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 TRINL. If investors know TRINL 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 TRINL listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of TRINL is measured differently than its book value, which is the value of TRINL that is recorded on the company's balance sheet. Investors also form their own opinion of TRINL's value that differs from its market value or its book value, called intrinsic value, which is TRINL's 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 TRINL's market value can be influenced by many factors that don't directly affect TRINL's 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 TRINL's value and its price as these two are different measures arrived at by different means. Investors typically determine if TRINL is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TRINL's 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.