Digihost Payables Turnover from 2010 to 2024

DGHI Stock  USD 2.06  0.01  0.48%   
Digihost Technology's Payables Turnover is increasing with very volatile movements from year to year. Payables Turnover is predicted to flatten to 7.54. Payables Turnover is a liquidity ratio that shows how quickly Digihost Technology pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
7.93215684
Current Value
7.54
Quarterly Volatility
45.40377518
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Digihost Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Digihost Technology's main balance sheet or income statement drivers, such as Interest Expense of 204.6 K, Other Operating Expenses of 47.6 M or EBIT of 3.1 M, as well as many indicators such as Price To Sales Ratio of 2.37, Dividend Yield of 0.0 or PTB Ratio of 2.34. Digihost financial statements analysis is a perfect complement when working with Digihost Technology Valuation or Volatility modules.
  
Check out the analysis of Digihost Technology Correlation against competitors.
For more detail on how to invest in Digihost Stock please use our How to Invest in Digihost Technology guide.

Latest Digihost Technology's Payables Turnover Growth Pattern

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

Digihost Payables Turnover Regression Statistics

Arithmetic Mean21.46
Geometric Mean11.68
Coefficient Of Variation211.56
Mean Deviation21.87
Median10.39
Standard Deviation45.40
Sample Variance2,062
Range179
R-Value0.11
Mean Square Error2,194
R-Squared0.01
Significance0.70
Slope1.09
Total Sum of Squares28,861

Digihost Payables Turnover History

2024 7.54
2023 7.93
2022 13.21
2021 6.08
2020 8.2
2019 185.47

About Digihost Technology Financial Statements

Investors use fundamental indicators, such as Digihost Technology's Payables Turnover, to determine how well the company is positioned to perform in the future. Although Digihost Technology'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 7.93  7.54 

Currently Active Assets on Macroaxis

When determining whether Digihost Technology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Digihost Technology'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 Digihost Technology Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Digihost Technology Stock:
Check out the analysis of Digihost Technology Correlation against competitors.
For more detail on how to invest in Digihost Stock please use our How to Invest in Digihost Technology guide.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Application Software 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 Digihost Technology. If investors know Digihost 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 Digihost Technology 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
(0.71)
Earnings Share
(0.33)
Revenue Per Share
1.322
Quarterly Revenue Growth
0.572
Return On Assets
(0.20)
The market value of Digihost Technology is measured differently than its book value, which is the value of Digihost that is recorded on the company's balance sheet. Investors also form their own opinion of Digihost Technology's value that differs from its market value or its book value, called intrinsic value, which is Digihost Technology'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 Digihost Technology's market value can be influenced by many factors that don't directly affect Digihost Technology'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 Digihost Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Digihost Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Digihost Technology'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.