Blackboxstocks Payables Turnover from 2010 to 2024

BLBX Stock  USD 2.78  0.07  2.58%   
Blackboxstocks Payables Turnover yearly trend continues to be fairly stable with very little volatility. Payables Turnover will likely drop to 1.63 in 2024. Payables Turnover is a liquidity ratio that shows how quickly Blackboxstocks pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
1.97790134
Current Value
1.63
Quarterly Volatility
0.82949014
 
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Check Blackboxstocks financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Blackboxstocks' main balance sheet or income statement drivers, such as Selling General Administrative of 5.4 M, Other Operating Expenses of 8.8 M or Total Operating Expenses of 7.1 M, as well as many indicators such as Price To Sales Ratio of 2.78, Dividend Yield of 0.0 or PTB Ratio of 1.31. Blackboxstocks financial statements analysis is a perfect complement when working with Blackboxstocks Valuation or Volatility modules.
  
Check out the analysis of Blackboxstocks Correlation against competitors.
For more information on how to buy Blackboxstocks Stock please use our How to Invest in Blackboxstocks guide.

Latest Blackboxstocks' Payables Turnover Growth Pattern

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

Blackboxstocks Payables Turnover Regression Statistics

Arithmetic Mean1.63
Geometric Mean1.48
Coefficient Of Variation50.88
Mean Deviation0.65
Median1.16
Standard Deviation0.83
Sample Variance0.69
Range2.3274
R-Value0.65
Mean Square Error0.43
R-Squared0.42
Significance0.01
Slope0.12
Total Sum of Squares9.63

Blackboxstocks Payables Turnover History

2024 1.63
2023 1.98
2022 2.85
2021 3.16
2020 3.41
2019 1.16
2018 1.23

About Blackboxstocks Financial Statements

Blackboxstocks investors use historical fundamental indicators, such as Blackboxstocks' Payables Turnover, 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 Blackboxstocks. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 1.98  1.63 

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Additional Tools for Blackboxstocks Stock Analysis

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