Actinium Payables Turnover from 2010 to 2024

ATNM Stock  USD 1.28  0.02  1.54%   
Actinium Pharmaceuticals Payables Turnover yearly trend continues to be very stable with very little volatility. Payables Turnover is likely to drop to 0.04. Payables Turnover is a liquidity ratio that shows how quickly Actinium Pharmaceuticals pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
0.0621
Current Value
0.0395
Quarterly Volatility
0.03438686
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Actinium Pharmaceuticals financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Actinium Pharmaceuticals' main balance sheet or income statement drivers, such as Interest Expense of 1.3 M, Selling General Administrative of 14 M or Other Operating Expenses of 54.6 M, as well as many indicators such as Price To Sales Ratio of 1.8 K, Dividend Yield of 0.0 or PTB Ratio of 3.9. Actinium financial statements analysis is a perfect complement when working with Actinium Pharmaceuticals Valuation or Volatility modules.
  
Check out the analysis of Actinium Pharmaceuticals Correlation against competitors.
To learn how to invest in Actinium Stock, please use our How to Invest in Actinium Pharmaceuticals guide.

Latest Actinium Pharmaceuticals' Payables Turnover Growth Pattern

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

Actinium Payables Turnover Regression Statistics

Arithmetic Mean0.04
Geometric Mean0.03
Coefficient Of Variation83.88
Mean Deviation0.03
Median0.04
Standard Deviation0.03
Sample Variance0
Range0.0943
R-Value0.67
Mean Square Error0.0007
R-Squared0.44
Significance0.01
Slope0.01
Total Sum of Squares0.02

Actinium Payables Turnover History

2024 0.0395
2023 0.0621
2022 0.069
2021 0.0947
2020 0.1
2019 0.0914
2018 0.008724

About Actinium Pharmaceuticals Financial Statements

Actinium Pharmaceuticals investors utilize fundamental indicators, such as Payables Turnover, to predict how Actinium 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 ReportedProjected for Next Year
Payables Turnover 0.06  0.04 

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When determining whether Actinium Pharmaceuticals is a strong investment it is important to analyze Actinium Pharmaceuticals' 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 Actinium Pharmaceuticals' future performance. For an informed investment choice regarding Actinium Stock, refer to the following important reports:
Check out the analysis of Actinium Pharmaceuticals Correlation against competitors.
To learn how to invest in Actinium Stock, please use our How to Invest in Actinium Pharmaceuticals guide.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
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 Actinium Pharmaceuticals. If investors know Actinium 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 Actinium Pharmaceuticals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.39)
Revenue Per Share
0.003
Quarterly Revenue Growth
(1.00)
Return On Assets
(0.31)
Return On Equity
(0.88)
The market value of Actinium Pharmaceuticals is measured differently than its book value, which is the value of Actinium that is recorded on the company's balance sheet. Investors also form their own opinion of Actinium Pharmaceuticals' value that differs from its market value or its book value, called intrinsic value, which is Actinium Pharmaceuticals' 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 Actinium Pharmaceuticals' market value can be influenced by many factors that don't directly affect Actinium Pharmaceuticals' 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 Actinium Pharmaceuticals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Actinium Pharmaceuticals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Actinium Pharmaceuticals' 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.