Alpha Payables Turnover from 2010 to 2024

ATGL Stock   1.51  0.24  18.90%   
Alpha Technology Payables Turnover yearly trend continues to be quite stable with very little volatility. The value of Payables Turnover is projected to decrease to 1.54. Payables Turnover is a liquidity ratio that shows how quickly Alpha Technology Group pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
1.73
Current Value
1.54
Quarterly Volatility
0.10734806
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Alpha Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Alpha Technology's main balance sheet or income statement drivers, such as Tax Provision of 304.8 K, Depreciation And Amortization of 930 K or Interest Expense of 76.6 K, as well as many indicators such as Price To Sales Ratio of 111, Dividend Yield of 0.0 or PTB Ratio of 25.2. Alpha financial statements analysis is a perfect complement when working with Alpha Technology Valuation or Volatility modules.
  
Check out the analysis of Alpha Technology Correlation against competitors.

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Additional Information and Resources on Investing in Alpha Stock

When determining whether Alpha Technology is a strong investment it is important to analyze Alpha Technology's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Alpha Technology's future performance. For an informed investment choice regarding Alpha Stock, refer to the following important reports:
Check out the analysis of Alpha Technology Correlation against competitors.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is IT Consulting & Other Services 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 Alpha Technology. If investors know Alpha 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 Alpha Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.06)
Revenue Per Share
0.676
Quarterly Revenue Growth
0.559
Return On Assets
(0.12)
Return On Equity
(0.92)
The market value of Alpha Technology is measured differently than its book value, which is the value of Alpha that is recorded on the company's balance sheet. Investors also form their own opinion of Alpha Technology's value that differs from its market value or its book value, called intrinsic value, which is Alpha Technology'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 Alpha Technology's market value can be influenced by many factors that don't directly affect Alpha Technology'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 Alpha Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alpha Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alpha Technology'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.