TGTX Payables Turnover from 2010 to 2024

TGTX Stock  USD 15.81  0.72  4.36%   
TG Therapeutics Payables Turnover yearly trend continues to be fairly stable with very little volatility. Payables Turnover will likely drop to 0.36 in 2024. Payables Turnover is a liquidity ratio that shows how quickly TG Therapeutics pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
0.37831094
Current Value
0.36
Quarterly Volatility
0.64319509
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check TG Therapeutics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among TG Therapeutics' main balance sheet or income statement drivers, such as Depreciation And Amortization of 433.5 K, Interest Expense of 13.2 M or Total Revenue of 245.3 M, as well as many indicators such as Price To Sales Ratio of 9.86, Dividend Yield of 4.0E-4 or PTB Ratio of 15.86. TGTX financial statements analysis is a perfect complement when working with TG Therapeutics Valuation or Volatility modules.
  
Check out the analysis of TG Therapeutics Correlation against competitors.
For more information on how to buy TGTX Stock please use our How to Invest in TG Therapeutics guide.

Latest TG Therapeutics' Payables Turnover Growth Pattern

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

TGTX Payables Turnover Regression Statistics

Arithmetic Mean0.04
Coefficient Of Variation1,449
Mean Deviation0.29
Median0
Standard Deviation0.64
Sample Variance0.41
Range3.3287
R-Value(0.33)
Mean Square Error0.40
R-Squared0.11
Significance0.23
Slope(0.05)
Total Sum of Squares5.79

TGTX Payables Turnover History

2024 0.36
2023 0.38
2022 0.006307
2021 -1.73
2020 0.0101
2019 0.009387
2018 0.002419

About TG Therapeutics Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include TG Therapeutics income statement, its balance sheet, and the statement of cash flows. TG Therapeutics investors use historical funamental indicators, such as TG Therapeutics's Payables Turnover, to determine how well the company is positioned to perform in the future. Although TG Therapeutics investors may use each financial statement separately, they are all related. The changes in TG Therapeutics's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on TG Therapeutics'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 TG Therapeutics Financial Statements. Understanding these patterns can help to make the right decision on long term investment in TG Therapeutics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 0.38  0.36 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for TGTX Stock Analysis

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