PureCycle Payables Turnover from 2010 to 2024

PCTTW Stock  USD 1.48  0.04  2.78%   
PureCycle Technologies Payables Turnover yearly trend continues to be fairly stable with very little volatility. Payables Turnover will likely drop to 5.46 in 2024. Payables Turnover is a liquidity ratio that shows how quickly PureCycle Technologies pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
6.54564387
Current Value
5.46
Quarterly Volatility
4.62980714
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check PureCycle Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among PureCycle main balance sheet or income statement drivers, such as Interest Expense of 40.4 M, Selling General Administrative of 46.3 M or Total Revenue of 0.0, as well as many exotic indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 1.5. PureCycle financial statements analysis is a perfect complement when working with PureCycle Technologies Valuation or Volatility modules.
  
This module can also supplement various PureCycle Technologies Technical models . Check out the analysis of PureCycle Technologies Correlation against competitors.
For more information on how to buy PureCycle Stock please use our How to Invest in PureCycle Technologies guide.

Latest PureCycle Technologies' Payables Turnover Growth Pattern

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

PureCycle Payables Turnover Regression Statistics

Arithmetic Mean3.23
Geometric Mean0.94
Coefficient Of Variation143.45
Mean Deviation3.66
Median0.25
Standard Deviation4.63
Sample Variance21.44
Range15.6784
R-Value0.72
Mean Square Error10.98
R-Squared0.52
Significance0
Slope0.75
Total Sum of Squares300.09

PureCycle Payables Turnover History

2024 5.46
2023 6.55
2022 15.93
2021 7.53
2020 8.13
2019 2.52

About PureCycle Technologies Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include PureCycle Technologies income statement, its balance sheet, and the statement of cash flows. PureCycle Technologies investors use historical funamental indicators, such as PureCycle Technologies's Payables Turnover, to determine how well the company is positioned to perform in the future. Although PureCycle Technologies investors may use each financial statement separately, they are all related. The changes in PureCycle Technologies's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on PureCycle Technologies's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on PureCycle Technologies Financial Statements. Understanding these patterns can help to make the right decision on long term investment in PureCycle Technologies. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 6.55  5.46 

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When determining whether PureCycle Technologies is a strong investment it is important to analyze PureCycle Technologies' 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 PureCycle Technologies' future performance. For an informed investment choice regarding PureCycle Stock, refer to the following important reports:
Check out the analysis of PureCycle Technologies Correlation against competitors.
For more information on how to buy PureCycle Stock please use our How to Invest in PureCycle Technologies guide.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

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Is PureCycle Technologies' industry 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 PureCycle Technologies. If investors know PureCycle 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 PureCycle Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Return On Assets
(0.10)
Return On Equity
(0.39)
The market value of PureCycle Technologies is measured differently than its book value, which is the value of PureCycle that is recorded on the company's balance sheet. Investors also form their own opinion of PureCycle Technologies' value that differs from its market value or its book value, called intrinsic value, which is PureCycle Technologies' 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 PureCycle Technologies' market value can be influenced by many factors that don't directly affect PureCycle Technologies' 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 PureCycle Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if PureCycle Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PureCycle Technologies' 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.