HIVE Payables Turnover from 2010 to 2024

HIVE Stock  USD 2.58  0.04  1.53%   
HIVE Blockchain's Payables Turnover is decreasing over the years with slightly volatile fluctuation. Payables Turnover is expected to dwindle to 14.47. Payables Turnover is a liquidity ratio that shows how quickly HIVE Blockchain 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
23.3
Current Value
14.47
Quarterly Volatility
7.3752531
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check HIVE Blockchain financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among HIVE main balance sheet or income statement drivers, such as Depreciation And Amortization of 98.7 M, Interest Expense of 4.5 M or Selling General Administrative of 23 M, as well as many exotic indicators such as Price To Sales Ratio of 2.19, Dividend Yield of 0.0 or PTB Ratio of 0.97. HIVE financial statements analysis is a perfect complement when working with HIVE Blockchain Valuation or Volatility modules.
  
This module can also supplement HIVE Blockchain's financial leverage analysis and stock options assessment as well as various HIVE Blockchain Technical models . Check out the analysis of HIVE Blockchain Correlation against competitors.

Latest HIVE Blockchain's Payables Turnover Growth Pattern

Below is the plot of the Payables Turnover of HIVE Blockchain 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. HIVE Blockchain's Payables Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in HIVE Blockchain'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  

HIVE Payables Turnover Regression Statistics

Arithmetic Mean15.97
Geometric Mean12.38
Coefficient Of Variation46.18
Mean Deviation6.25
Median20.68
Standard Deviation7.38
Sample Variance54.39
Range22.7061
R-Value(0.33)
Mean Square Error52.27
R-Squared0.11
Significance0.23
Slope(0.54)
Total Sum of Squares761.52

HIVE Payables Turnover History

2024 14.47
2023 23.3
2022 20.26
2021 9.33
2020 8.08
2019 13.04
2018 3.43

About HIVE Blockchain Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include HIVE Blockchain income statement, its balance sheet, and the statement of cash flows. HIVE Blockchain investors use historical funamental indicators, such as HIVE Blockchain's Payables Turnover, to determine how well the company is positioned to perform in the future. Although HIVE Blockchain investors may use each financial statement separately, they are all related. The changes in HIVE Blockchain's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on HIVE Blockchain'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 HIVE Blockchain Financial Statements. Understanding these patterns can help to make the right decision on long term investment in HIVE Blockchain. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 23.30  14.47 

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When determining whether HIVE Blockchain Tech is a strong investment it is important to analyze HIVE Blockchain's 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 HIVE Blockchain's future performance. For an informed investment choice regarding HIVE Stock, refer to the following important reports:
Check out the analysis of HIVE Blockchain Correlation against competitors.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.

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When running HIVE Blockchain's price analysis, check to measure HIVE Blockchain'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 HIVE Blockchain is operating at the current time. Most of HIVE Blockchain's value examination focuses on studying past and present price action to predict the probability of HIVE Blockchain's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HIVE Blockchain's price. Additionally, you may evaluate how the addition of HIVE Blockchain to your portfolios can decrease your overall portfolio volatility.
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Is HIVE Blockchain's 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 HIVE Blockchain. If investors know HIVE 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 HIVE Blockchain listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
2.217
Earnings Share
(0.45)
Revenue Per Share
1.121
Quarterly Revenue Growth
1.183
Return On Assets
(0.07)
The market value of HIVE Blockchain Tech is measured differently than its book value, which is the value of HIVE that is recorded on the company's balance sheet. Investors also form their own opinion of HIVE Blockchain's value that differs from its market value or its book value, called intrinsic value, which is HIVE Blockchain's 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 HIVE Blockchain's market value can be influenced by many factors that don't directly affect HIVE Blockchain's 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 HIVE Blockchain's value and its price as these two are different measures arrived at by different means. Investors typically determine if HIVE Blockchain is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HIVE Blockchain's 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.