Trxade Days Of Payables Outstanding from 2010 to 2024

MEDS Stock  USD 7.59  0.35  4.83%   
Trxade Days Of Payables Outstanding yearly trend continues to be comparatively stable with very little volatility. Days Of Payables Outstanding will likely drop to 127.24 in 2024. From the period from 2010 to 2024, Trxade Days Of Payables Outstanding quarterly data regression had r-value of (0.06) and coefficient of variation of  292.71. View All Fundamentals
 
Days Of Payables Outstanding  
First Reported
2010-12-31
Previous Quarter
133.93645916
Current Value
127.24
Quarterly Volatility
1.3 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Trxade financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Trxade's main balance sheet or income statement drivers, such as Interest Expense of 1.3 M, Selling General Administrative of 4.8 M or Other Operating Expenses of 8.8 M, as well as many indicators such as Price To Sales Ratio of 0.46, Dividend Yield of 0.0 or PTB Ratio of 6.96. Trxade financial statements analysis is a perfect complement when working with Trxade Valuation or Volatility modules.
  
Check out the analysis of Trxade Correlation against competitors.

Latest Trxade's Days Of Payables Outstanding Growth Pattern

Below is the plot of the Days Of Payables Outstanding of Trxade Group over the last few years. It is Trxade's Days Of Payables Outstanding historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Trxade's overall financial position and show how it may be relating to other accounts over time.
Days Of Payables Outstanding10 Years Trend
Very volatile
   Days Of Payables Outstanding   
       Timeline  

Trxade Days Of Payables Outstanding Regression Statistics

Arithmetic Mean457.48
Geometric Mean99.14
Coefficient Of Variation292.71
Mean Deviation643.48
Median62.75
Standard Deviation1,339
Sample Variance1.8M
Range5.3K
R-Value(0.06)
Mean Square Error1.9M
R-Squared0
Significance0.84
Slope(17.36)
Total Sum of Squares25.1M

Trxade Days Of Payables Outstanding History

2024 127.24
2023 133.94
2022 44.38
2021 33.85
2020 8.21
2019 47.61

About Trxade Financial Statements

Trxade shareholders use historical fundamental indicators, such as Days Of Payables Outstanding, to determine how well the company is positioned to perform in the future. Although Trxade investors may analyze each financial statement separately, they are all interrelated. The changes in Trxade's assets and liabilities, for example, are also reflected in the revenues and expenses on on Trxade's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Days Of Payables Outstanding 133.94  127.24 

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Additional Tools for Trxade Stock Analysis

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