Forafric Days Of Payables Outstanding from 2010 to 2024

AFRIW Stock  USD 1.16  0.04  3.33%   
Forafric Global Days Of Payables Outstanding yearly trend continues to be fairly stable with very little volatility. Days Of Payables Outstanding will likely drop to 33.20 in 2024. During the period from 2010 to 2024, Forafric Global Days Of Payables Outstanding regression line of quarterly data had mean square error of  49.81 and geometric mean of  35.87. View All Fundamentals
 
Days Of Payables Outstanding  
First Reported
2010-12-31
Previous Quarter
61.65498398
Current Value
33.2
Quarterly Volatility
7.57411597
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Forafric Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Forafric Global's main balance sheet or income statement drivers, such as Interest Income of 35.1 K, Depreciation And Amortization of 6.1 M or Interest Expense of 11.7 M, as well as many indicators such as Price To Sales Ratio of 1.1, Dividend Yield of 0.0 or PTB Ratio of 13.11. Forafric financial statements analysis is a perfect complement when working with Forafric Global Valuation or Volatility modules.
  
Check out the analysis of Forafric Global Correlation against competitors.

Latest Forafric Global's Days Of Payables Outstanding Growth Pattern

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

Forafric Days Of Payables Outstanding Regression Statistics

Arithmetic Mean36.43
Geometric Mean35.87
Coefficient Of Variation20.79
Mean Deviation4.56
Median33.97
Standard Deviation7.57
Sample Variance57.37
Range31.6465
R-Value0.44
Mean Square Error49.81
R-Squared0.19
Significance0.10
Slope0.75
Total Sum of Squares803.14

Forafric Days Of Payables Outstanding History

2024 33.2
2023 61.65
2022 38.26
2021 43.6
2020 30.01

About Forafric Global Financial Statements

Forafric Global investors use historical fundamental indicators, such as Forafric Global's Days Of Payables Outstanding, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Forafric Global. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Of Payables Outstanding 61.65  33.20 

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 Forafric Stock Analysis

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