XORTX Days Payables Outstanding from 2010 to 2024

XRTX Stock  USD 1.27  0.06  4.96%   
XORTX Therapeutics Days Payables Outstanding yearly trend continues to be fairly stable with very little volatility. Days Payables Outstanding will likely drop to 360.12 in 2024. During the period from 2010 to 2024, XORTX Therapeutics Days Payables Outstanding regression line of annual values had r-squared of  0.12 and arithmetic mean of  5,468. View All Fundamentals
 
Days Payables Outstanding  
First Reported
2010-12-31
Previous Quarter
379.07591372
Current Value
360.12
Quarterly Volatility
2.5 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' Days Payables Outstanding Growth Pattern

Below is the plot of the Days Payables Outstanding of XORTX Therapeutics over the last few years. It is XORTX Therapeutics' Days Payables Outstanding 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.
Days Payables Outstanding10 Years Trend
Slightly volatile
   Days Payables Outstanding   
       Timeline  

XORTX Days Payables Outstanding Regression Statistics

Arithmetic Mean5,468
Geometric Mean4,218
Coefficient Of Variation45.56
Mean Deviation1,360
Median5,754
Standard Deviation2,491
Sample Variance6.2M
Range10.8K
R-Value(0.35)
Mean Square Error5.9M
R-Squared0.12
Significance0.21
Slope(193.12)
Total Sum of Squares86.9M

XORTX Days Payables Outstanding History

2024 360.12
2023 379.08
2022 6274.11
2021 6612.56
2020 5461.5
201911.1 K

About XORTX Therapeutics Financial Statements

XORTX Therapeutics investors use historical fundamental indicators, such as XORTX Therapeutics' Days Payables Outstanding, 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
Days Payables Outstanding 379.08  360.12 

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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.