XORTX Average Payables from 2010 to 2024

XRTX Stock  USD 1.27  0.06  4.96%   
XORTX Therapeutics Average Payables yearly trend continues to be fairly stable with very little volatility. Average Payables will likely drop to about 348.9 K in 2024. Average Payables is the average amount owed to suppliers and creditors over a specific period, reflecting XORTX Therapeutics' payment cycle and credit terms with suppliers. View All Fundamentals
 
Average Payables  
First Reported
2010-12-31
Previous Quarter
670.3 K
Current Value
348.9 K
Quarterly Volatility
230.5 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check XORTX Therapeutics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among XORTX Therapeutics' main balance sheet or income statement drivers, such as Selling General Administrative of 1 M, Other Operating Expenses of 2.4 M or Total Operating Expenses of 2.4 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 0.89. XORTX financial statements analysis is a perfect complement when working with XORTX Therapeutics Valuation or Volatility modules.
  
Check out the analysis of XORTX Therapeutics Correlation against competitors.
For more information on how to buy XORTX Stock please use our How to Invest in XORTX Therapeutics guide.

Latest XORTX Therapeutics' Average Payables Growth Pattern

Below is the plot of the Average Payables of XORTX Therapeutics over the last few years. It is the average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers. XORTX Therapeutics' Average Payables historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in XORTX Therapeutics' overall financial position and show how it may be relating to other accounts over time.
Average Payables10 Years Trend
Slightly volatile
   Average Payables   
       Timeline  

XORTX Average Payables Regression Statistics

Arithmetic Mean418,698
Geometric Mean367,567
Coefficient Of Variation55.05
Mean Deviation207,478
Median245,512
Standard Deviation230,480
Sample Variance53.1B
Range499.3K
R-Value0.72
Mean Square Error27.9B
R-Squared0.51
Significance0
Slope36,911
Total Sum of Squares743.7B

XORTX Average Payables History

2024348.9 K
2023670.3 K
2019744.8 K
2018317.9 K

About XORTX Therapeutics Financial Statements

XORTX Therapeutics investors use historical fundamental indicators, such as XORTX Therapeutics' Average Payables, 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 XORTX Therapeutics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Average Payables670.3 K348.9 K

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Additional Tools for XORTX Stock Analysis

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