Brooge Payables Turnover from 2010 to 2025

BROG Stock  USD 1.35  0.04  3.05%   
Brooge Holdings' Payables Turnover is increasing over the last several years with stable swings. Payables Turnover is predicted to flatten to 1.07. Payables Turnover is a liquidity ratio that shows how quickly Brooge Holdings pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
1.13
Current Value
1.07
Quarterly Volatility
1.36899601
 
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Yuan Drop
 
Covid
Check Brooge Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Brooge Holdings' main balance sheet or income statement drivers, such as Discontinued Operations of 0.0, Depreciation And Amortization of 8.3 M or Interest Expense of 13 M, as well as many indicators such as Price To Sales Ratio of 6.31, Ptb Ratio of 4.24 or Days Sales Outstanding of 7.13. Brooge financial statements analysis is a perfect complement when working with Brooge Holdings Valuation or Volatility modules.
  
Check out the analysis of Brooge Holdings Correlation against competitors.
For more detail on how to invest in Brooge Stock please use our How to Invest in Brooge Holdings guide.

Latest Brooge Holdings' Payables Turnover Growth Pattern

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

Brooge Payables Turnover Regression Statistics

Arithmetic Mean1.71
Geometric Mean1.41
Coefficient Of Variation80.28
Mean Deviation0.88
Median1.24
Standard Deviation1.37
Sample Variance1.87
Range5.7462
R-Value0.11
Mean Square Error1.99
R-Squared0.01
Significance0.70
Slope0.03
Total Sum of Squares28.11

Brooge Payables Turnover History

2025 1.07
2024 1.13
2023 0.98
2022 2.51
2021 1.64
2020 3.47
2019 0.39

About Brooge Holdings Financial Statements

Brooge Holdings stakeholders use historical fundamental indicators, such as Brooge Holdings' Payables Turnover, to determine how well the company is positioned to perform in the future. Although Brooge Holdings investors may analyze each financial statement separately, they are all interrelated. For example, changes in Brooge Holdings' assets and liabilities are reflected in the revenues and expenses on Brooge Holdings' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Brooge Holdings. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 1.13  1.07 

Currently Active Assets on Macroaxis

When determining whether Brooge Holdings is a strong investment it is important to analyze Brooge Holdings' 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 Brooge Holdings' future performance. For an informed investment choice regarding Brooge Stock, refer to the following important reports:
Check out the analysis of Brooge Holdings Correlation against competitors.
For more detail on how to invest in Brooge Stock please use our How to Invest in Brooge Holdings guide.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Oil & Gas Storage & Transportation 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 Brooge Holdings. If investors know Brooge 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 Brooge Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
8.596
Earnings Share
(0.55)
Revenue Per Share
0.834
Quarterly Revenue Growth
(0.52)
Return On Assets
0.0217
The market value of Brooge Holdings is measured differently than its book value, which is the value of Brooge that is recorded on the company's balance sheet. Investors also form their own opinion of Brooge Holdings' value that differs from its market value or its book value, called intrinsic value, which is Brooge Holdings' 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 Brooge Holdings' market value can be influenced by many factors that don't directly affect Brooge Holdings' 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 Brooge Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Brooge Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brooge Holdings' 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.