Aditxt Payables Turnover from 2010 to 2024

ADTX Stock  USD 1.16  0.07  5.69%   
Aditxt Payables Turnover yearly trend continues to be fairly stable with very little volatility. Payables Turnover will likely drop to 0.14 in 2024. Payables Turnover is a liquidity ratio that shows how quickly Aditxt Inc pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
0.15189073
Current Value
0.14
Quarterly Volatility
0.08425956
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Aditxt financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Aditxt's main balance sheet or income statement drivers, such as Interest Expense of 6.7 M, Selling General Administrative of 11.9 M or Tax Provision of 0.0, as well as many indicators such as Price To Sales Ratio of 118, Dividend Yield of 0.0 or PTB Ratio of 5.24. Aditxt financial statements analysis is a perfect complement when working with Aditxt Valuation or Volatility modules.
  
Check out the analysis of Aditxt Correlation against competitors.

Latest Aditxt's Payables Turnover Growth Pattern

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

Aditxt Payables Turnover Regression Statistics

Arithmetic Mean0.10
Geometric Mean0.09
Coefficient Of Variation81.96
Mean Deviation0.05
Median0.07
Standard Deviation0.08
Sample Variance0.01
Range0.342
R-Value0.46
Mean Square Error0.01
R-Squared0.21
Significance0.08
Slope0.01
Total Sum of Squares0.1

Aditxt Payables Turnover History

2024 0.14
2023 0.15
2022 0.39
2021 0.0495

About Aditxt Financial Statements

Aditxt investors use historical fundamental indicators, such as Aditxt's 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 Aditxt. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 0.15  0.14 

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Additional Tools for Aditxt Stock Analysis

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