Gorilla Payables Turnover from 2010 to 2024

GRRRW Stock  USD 0.1  0.03  53.61%   
Gorilla Technology Payables Turnover yearly trend continues to be fairly stable with very little volatility. Payables Turnover will likely drop to 1.72 in 2024. Payables Turnover is a liquidity ratio that shows how quickly Gorilla Technology Group pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
1.80849055
Current Value
1.72
Quarterly Volatility
1.67410507
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Gorilla Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Gorilla Technology's main balance sheet or income statement drivers, such as Tax Provision of 3.7 M, Interest Income of 808.9 K or Depreciation And Amortization of 1.2 M, as well as many indicators such as Price To Sales Ratio of 5.76, Dividend Yield of 0.0 or PTB Ratio of 6.88. Gorilla financial statements analysis is a perfect complement when working with Gorilla Technology Valuation or Volatility modules.
  
Check out the analysis of Gorilla Technology Correlation against competitors.

Latest Gorilla Technology's Payables Turnover Growth Pattern

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

Gorilla Payables Turnover Regression Statistics

Arithmetic Mean4.75
Geometric Mean4.36
Coefficient Of Variation35.24
Mean Deviation1.44
Median5.83
Standard Deviation1.67
Sample Variance2.80
Range4.1133
R-Value(0.83)
Mean Square Error0.93
R-Squared0.69
Significance0.0001
Slope(0.31)
Total Sum of Squares39.24

Gorilla Payables Turnover History

2024 1.72
2023 1.81
2022 2.11
2021 3.28
2020 4.01

About Gorilla Technology Financial Statements

Gorilla Technology investors use historical fundamental indicators, such as Gorilla Technology's Payables Turnover, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Gorilla Technology. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 1.81  1.72 

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Additional Tools for Gorilla Stock Analysis

When running Gorilla Technology's price analysis, check to measure Gorilla Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Gorilla Technology is operating at the current time. Most of Gorilla Technology's value examination focuses on studying past and present price action to predict the probability of Gorilla Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gorilla Technology's price. Additionally, you may evaluate how the addition of Gorilla Technology to your portfolios can decrease your overall portfolio volatility.