NLIGHT Payables Turnover from 2010 to 2024

LASR Stock  USD 13.41  0.05  0.37%   
NLIGHT Payables Turnover yearly trend continues to be relatively stable with very little volatility. Payables Turnover is likely to drop to 7.52. Payables Turnover is a liquidity ratio that shows how quickly nLIGHT 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
13.46440901
Current Value
7.52
Quarterly Volatility
1.65121399
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check NLIGHT financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NLIGHT main balance sheet or income statement drivers, such as Net Interest Income of 1.3 M, Interest Income of 85.2 K or Depreciation And Amortization of 13.5 M, as well as many exotic indicators such as Price To Sales Ratio of 4.55, Dividend Yield of 0.0 or PTB Ratio of 2.32. NLIGHT financial statements analysis is a perfect complement when working with NLIGHT Valuation or Volatility modules.
  
This module can also supplement NLIGHT's financial leverage analysis and stock options assessment as well as various NLIGHT Technical models . Check out the analysis of NLIGHT Correlation against competitors.

Latest NLIGHT's Payables Turnover Growth Pattern

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

NLIGHT Payables Turnover Regression Statistics

Arithmetic Mean8.85
Geometric Mean8.72
Coefficient Of Variation18.66
Mean Deviation1.21
Median8.33
Standard Deviation1.65
Sample Variance2.73
Range6.1652
R-Value0.36
Mean Square Error2.56
R-Squared0.13
Significance0.19
Slope0.13
Total Sum of Squares38.17

NLIGHT Payables Turnover History

2024 7.52
2023 13.46
2022 10.92
2021 7.32
2020 7.76
2019 9.79
2018 10.31

About NLIGHT Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include NLIGHT income statement, its balance sheet, and the statement of cash flows. NLIGHT investors use historical funamental indicators, such as NLIGHT's Payables Turnover, to determine how well the company is positioned to perform in the future. Although NLIGHT investors may use each financial statement separately, they are all related. The changes in NLIGHT's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on NLIGHT'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 NLIGHT Financial Statements. Understanding these patterns can help to make the right decision on long term investment in NLIGHT. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 13.46  7.52 

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When determining whether nLIGHT Inc is a strong investment it is important to analyze NLIGHT'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 NLIGHT's future performance. For an informed investment choice regarding NLIGHT Stock, refer to the following important reports:
Check out the analysis of NLIGHT Correlation against competitors.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

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When running NLIGHT's price analysis, check to measure NLIGHT'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 NLIGHT is operating at the current time. Most of NLIGHT's value examination focuses on studying past and present price action to predict the probability of NLIGHT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NLIGHT's price. Additionally, you may evaluate how the addition of NLIGHT to your portfolios can decrease your overall portfolio volatility.
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Is NLIGHT'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 NLIGHT. If investors know NLIGHT 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 NLIGHT listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.02)
Revenue Per Share
4.312
Quarterly Revenue Growth
(0.18)
Return On Assets
(0.10)
Return On Equity
(0.19)
The market value of nLIGHT Inc is measured differently than its book value, which is the value of NLIGHT that is recorded on the company's balance sheet. Investors also form their own opinion of NLIGHT's value that differs from its market value or its book value, called intrinsic value, which is NLIGHT'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 NLIGHT's market value can be influenced by many factors that don't directly affect NLIGHT'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 NLIGHT's value and its price as these two are different measures arrived at by different means. Investors typically determine if NLIGHT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NLIGHT'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.