GlucoTrack Payables Turnover from 2010 to 2025

GCTK Stock  USD 0.25  0  0.40%   
GlucoTrack Payables Turnover yearly trend continues to be quite stable with very little volatility. The value of Payables Turnover is projected to decrease to 0.02. Payables Turnover is a liquidity ratio that shows how quickly GlucoTrack pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
0.0178
Current Value
0.0169
Quarterly Volatility
0.33251962
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check GlucoTrack financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among GlucoTrack's main balance sheet or income statement drivers, such as Depreciation And Amortization of 12.3 K, Interest Expense of 3.3 K or Selling General Administrative of 2.4 M, as well as many indicators such as Price To Sales Ratio of 53.8 K, Dividend Yield of 0.0 or PTB Ratio of 32.09. GlucoTrack financial statements analysis is a perfect complement when working with GlucoTrack Valuation or Volatility modules.
  
Check out the analysis of GlucoTrack Correlation against competitors.
For more information on how to buy GlucoTrack Stock please use our How to buy in GlucoTrack Stock guide.

Latest GlucoTrack's Payables Turnover Growth Pattern

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

GlucoTrack Payables Turnover Regression Statistics

Arithmetic Mean0.14
Geometric Mean0.02
Coefficient Of Variation230.64
Mean Deviation0.20
Median0.04
Standard Deviation0.33
Sample Variance0.11
Range1.2546
R-Value(0.30)
Mean Square Error0.11
R-Squared0.09
Significance0.26
Slope(0.02)
Total Sum of Squares1.66

GlucoTrack Payables Turnover History

2025 0.0169
2024 0.0178
2023 0.0155
2022 0.0342
2021 0.0666
2020 0.0541
2019 0.0332

About GlucoTrack Financial Statements

GlucoTrack investors utilize fundamental indicators, such as Payables Turnover, to predict how GlucoTrack 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 0.02  0.02 

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When determining whether GlucoTrack is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if GlucoTrack Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Glucotrack Stock. Highlighted below are key reports to facilitate an investment decision about Glucotrack Stock:
Check out the analysis of GlucoTrack Correlation against competitors.
For more information on how to buy GlucoTrack Stock please use our How to buy in GlucoTrack Stock guide.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Is Health Care Equipment & Supplies 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 GlucoTrack. If investors know GlucoTrack 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 GlucoTrack listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(58.20)
Return On Assets
(2.04)
Return On Equity
(19.43)
The market value of GlucoTrack is measured differently than its book value, which is the value of GlucoTrack that is recorded on the company's balance sheet. Investors also form their own opinion of GlucoTrack's value that differs from its market value or its book value, called intrinsic value, which is GlucoTrack'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 GlucoTrack's market value can be influenced by many factors that don't directly affect GlucoTrack'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 GlucoTrack's value and its price as these two are different measures arrived at by different means. Investors typically determine if GlucoTrack is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GlucoTrack'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.