GEE Payables Turnover from 2010 to 2024

JOB Stock  USD 0.24  0.00  0.000004%   
GEE's Payables Turnover is decreasing over the years with slightly volatile fluctuation. Overall, Payables Turnover is expected to go to 33.99 this year. Payables Turnover is a liquidity ratio that shows how quickly GEE 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
32.45
Current Value
33.99
Quarterly Volatility
48.48431308
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check GEE financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among GEE's main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.9 M, Interest Expense of 367.1 K or Total Revenue of 184.1 M, as well as many indicators such as Price To Sales Ratio of 0.43, Dividend Yield of 0.21 or PTB Ratio of 0.67. GEE financial statements analysis is a perfect complement when working with GEE Valuation or Volatility modules.
  
Check out the analysis of GEE Correlation against competitors.

Latest GEE's Payables Turnover Growth Pattern

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

GEE Payables Turnover Regression Statistics

Arithmetic Mean47.92
Geometric Mean39.39
Coefficient Of Variation101.17
Mean Deviation24.07
Median34.97
Standard Deviation48.48
Sample Variance2,351
Range194
R-Value(0.39)
Mean Square Error2,143
R-Squared0.15
Significance0.15
Slope(4.25)
Total Sum of Squares32,910

GEE Payables Turnover History

2024 33.99
2023 32.45
2022 36.05
2021 34.97
2020 42.68
2019 41.51
2018 26.7

About GEE Financial Statements

GEE stakeholders use historical fundamental indicators, such as GEE's Payables Turnover, to determine how well the company is positioned to perform in the future. Although GEE investors may analyze each financial statement separately, they are all interrelated. For example, changes in GEE's assets and liabilities are reflected in the revenues and expenses on GEE's 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 GEE Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 32.45  33.99 

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.
When determining whether GEE Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of GEE'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 Gee Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gee Group Stock:
Check out the analysis of GEE Correlation against competitors.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Is Human Resource & Employment Services 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 GEE. If investors know GEE 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 GEE 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
2.447
Earnings Share
(0.20)
Revenue Per Share
1.112
Quarterly Revenue Growth
(0.23)
Return On Assets
(0.02)
The market value of GEE Group is measured differently than its book value, which is the value of GEE that is recorded on the company's balance sheet. Investors also form their own opinion of GEE's value that differs from its market value or its book value, called intrinsic value, which is GEE'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 GEE's market value can be influenced by many factors that don't directly affect GEE'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 GEE's value and its price as these two are different measures arrived at by different means. Investors typically determine if GEE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GEE'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.