Gravity Payables Turnover from 2010 to 2024

GRVY Stock  USD 67.11  0.40  0.59%   
Gravity Payables Turnover yearly trend continues to be fairly stable with very little volatility. Payables Turnover is likely to outpace its year average in 2024. Payables Turnover is a liquidity ratio that shows how quickly Gravity Co pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
7.85001672
Current Value
8.24
Quarterly Volatility
3.26216831
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Gravity financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Gravity's main balance sheet or income statement drivers, such as Interest Expense of 153.9 M, Selling General Administrative of 50.1 B or Total Revenue of 761.8 B, as well as many indicators such as Price To Sales Ratio of 0.82, Dividend Yield of 0.0 or PTB Ratio of 1.28. Gravity financial statements analysis is a perfect complement when working with Gravity Valuation or Volatility modules.
  
Check out the analysis of Gravity Correlation against competitors.

Latest Gravity's Payables Turnover Growth Pattern

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

Gravity Payables Turnover Regression Statistics

Arithmetic Mean5.33
Geometric Mean4.13
Coefficient Of Variation61.19
Mean Deviation2.68
Median5.44
Standard Deviation3.26
Sample Variance10.64
Range10.7859
R-Value0.23
Mean Square Error10.84
R-Squared0.05
Significance0.40
Slope0.17
Total Sum of Squares148.98

Gravity Payables Turnover History

2024 8.24
2023 7.85
2022 3.64
2021 5.44
2020 4.54
2019 7.09
2018 2.92

About Gravity Financial Statements

Gravity investors use historical fundamental indicators, such as Gravity'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 Gravity. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 7.85  8.24 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Gravity Stock Analysis

When running Gravity's price analysis, check to measure Gravity'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 Gravity is operating at the current time. Most of Gravity's value examination focuses on studying past and present price action to predict the probability of Gravity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gravity's price. Additionally, you may evaluate how the addition of Gravity to your portfolios can decrease your overall portfolio volatility.