American Payables Turnover from 2010 to 2024

AMLI Stock   0.67  0.02  2.90%   
American Lithium's Payables Turnover is increasing with slightly volatile movements from year to year. Payables Turnover is estimated to finish at 0.15 this year. Payables Turnover is a liquidity ratio that shows how quickly American Lithium Corp pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
0.13824439
Current Value
0.15
Quarterly Volatility
0.04985291
 
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Check American Lithium financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among American Lithium's main balance sheet or income statement drivers, such as Depreciation And Amortization of 173.9 K, Interest Expense of 11.2 K or Total Revenue of 0.0, as well as many indicators such as Price To Sales Ratio of 968, Dividend Yield of 0.0 or PTB Ratio of 1.17. American financial statements analysis is a perfect complement when working with American Lithium Valuation or Volatility modules.
  
Check out the analysis of American Lithium Correlation against competitors.

Latest American Lithium's Payables Turnover Growth Pattern

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

American Payables Turnover Regression Statistics

Arithmetic Mean0.03
Geometric Mean0.01
Coefficient Of Variation187.59
Mean Deviation0.04
Median0
Standard Deviation0.05
Sample Variance0
Range0.1473
R-Value0.70
Mean Square Error0
R-Squared0.49
Significance0
Slope0.01
Total Sum of Squares0.03

American Payables Turnover History

2024 0.15
2023 0.14
2022 0.0555
2021 0.0248

About American Lithium Financial Statements

Investors use fundamental indicators, such as American Lithium's Payables Turnover, to determine how well the company is positioned to perform in the future. Although American Lithium's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Payables Turnover 0.14  0.15 

Currently Active Assets on Macroaxis

When determining whether American Lithium Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of American Lithium's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of American Lithium Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on American Lithium Corp Stock:
Check out the analysis of American Lithium Correlation against competitors.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Diversified Metals & Mining 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 American Lithium. If investors know American 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 American Lithium listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.11)
Return On Assets
(0.1)
Return On Equity
(0.18)
The market value of American Lithium Corp is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Lithium's value that differs from its market value or its book value, called intrinsic value, which is American Lithium'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 American Lithium's market value can be influenced by many factors that don't directly affect American Lithium'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 American Lithium's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Lithium is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Lithium'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.