Altimmune Payables Turnover from 2010 to 2024

ALT Stock  USD 8.25  0.07  0.86%   
Altimmune Payables Turnover yearly trend continues to be comparatively stable with very little volatility. Payables Turnover will likely drop to 0.22 in 2024. Payables Turnover is a liquidity ratio that shows how quickly Altimmune pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
0.23043489
Current Value
0.22
Quarterly Volatility
238.66368255
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Altimmune financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Altimmune's main balance sheet or income statement drivers, such as Interest Expense of 33.2 K, Selling General Administrative of 13.5 M or Total Revenue of 404.7 K, as well as many indicators such as Price To Sales Ratio of 1.5 K, Dividend Yield of 0.0 or PTB Ratio of 3.24. Altimmune financial statements analysis is a perfect complement when working with Altimmune Valuation or Volatility modules.
  
Check out the analysis of Altimmune Correlation against competitors.
For more information on how to buy Altimmune Stock please use our How to Invest in Altimmune guide.

Latest Altimmune's Payables Turnover Growth Pattern

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

Altimmune Payables Turnover Regression Statistics

Arithmetic Mean83.80
Geometric Mean6.08
Coefficient Of Variation284.82
Mean Deviation121.47
Median10.90
Standard Deviation238.66
Sample Variance56,960
Range936
R-Value0.12
Mean Square Error60,495
R-Squared0.01
Significance0.68
Slope6.27
Total Sum of Squares797,445

Altimmune Payables Turnover History

2024 0.22
2023 0.23
2022 0.0142
2021 0.27
2020 54.73
2019 936.02
2018 49.51

About Altimmune Financial Statements

Altimmune shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although Altimmune investors may analyze each financial statement separately, they are all interrelated. The changes in Altimmune's assets and liabilities, for example, are also reflected in the revenues and expenses on on Altimmune's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Payables Turnover 0.23  0.22 

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Additional Tools for Altimmune Stock Analysis

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