Notable Payables Turnover from 2010 to 2024
| NTBL Stock | 0.40 0.01 2.56% |
Payables Turnover | First Reported 2010-12-31 | Previous Quarter 0.10962716 | Current Value 0.1 | Quarterly Volatility 0.72951848 |
Check Notable Labs financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Notable Labs' main balance sheet or income statement drivers, such as Depreciation And Amortization of 244.2 K, Interest Expense of 115.6 K or Total Revenue of 333.9 K, as well as many indicators such as Price To Sales Ratio of 12.63, Dividend Yield of 0.0 or PTB Ratio of 0.26. Notable financial statements analysis is a perfect complement when working with Notable Labs Valuation or Volatility modules.
Notable | Payables Turnover |
Latest Notable Labs' Payables Turnover Growth Pattern
Below is the plot of the Payables Turnover of Notable Labs 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. Notable Labs' Payables Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Notable Labs' overall financial position and show how it may be relating to other accounts over time.
| Payables Turnover | 10 Years Trend |
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Payables Turnover |
| Timeline |
Notable Payables Turnover Regression Statistics
| Arithmetic Mean | 0.48 | |
| Geometric Mean | 0.17 | |
| Coefficient Of Variation | 152.36 | |
| Mean Deviation | 0.55 | |
| Median | 0.10 | |
| Standard Deviation | 0.73 | |
| Sample Variance | 0.53 | |
| Range | 2.4461 | |
| R-Value | 0.48 | |
| Mean Square Error | 0.44 | |
| R-Squared | 0.23 | |
| Significance | 0.07 | |
| Slope | 0.08 | |
| Total Sum of Squares | 7.45 |
Notable Payables Turnover History
About Notable Labs Financial Statements
Notable Labs investors utilize fundamental indicators, such as Payables Turnover, to predict how Notable Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Payables Turnover | 0.11 | 0.10 |
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Try AI Portfolio ArchitectAdditional Information and Resources on Investing in Notable Stock
When determining whether Notable Labs is a strong investment it is important to analyze Notable Labs' 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 Notable Labs' future performance. For an informed investment choice regarding Notable Stock, refer to the following important reports:Check out the analysis of Notable Labs Correlation against competitors. For more information on how to buy Notable Stock please use our How to buy in Notable Stock guide.You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is Biotechnology space 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 Notable Labs. If investors know Notable 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 Notable Labs listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.09) | Revenue Per Share 0.042 | Return On Assets (1.06) | Return On Equity (4.64) |
The market value of Notable Labs is measured differently than its book value, which is the value of Notable that is recorded on the company's balance sheet. Investors also form their own opinion of Notable Labs' value that differs from its market value or its book value, called intrinsic value, which is Notable Labs' 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 Notable Labs' market value can be influenced by many factors that don't directly affect Notable Labs' 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 Notable Labs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Notable Labs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Notable Labs' 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.