Lixiang Payables Turnover from 2010 to 2024

LXEH Stock  USD 2.50  0.10  4.17%   
Lixiang Education's Payables Turnover is decreasing with stable movements from year to year. Payables Turnover is estimated to finish at 32.71 this year. Payables Turnover is a liquidity ratio that shows how quickly Lixiang Education Holding pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
31.14844511
Current Value
32.71
Quarterly Volatility
9.67682511
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Lixiang Education financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Lixiang Education's main balance sheet or income statement drivers, such as Tax Provision of 3.3 M, Interest Income of 77.9 K or Depreciation And Amortization of 8.4 M, as well as many indicators such as Price To Sales Ratio of 2.63, Dividend Yield of 0.0 or PTB Ratio of 0.85. Lixiang financial statements analysis is a perfect complement when working with Lixiang Education Valuation or Volatility modules.
  
Check out the analysis of Lixiang Education Correlation against competitors.

Latest Lixiang Education's Payables Turnover Growth Pattern

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

Lixiang Payables Turnover Regression Statistics

Arithmetic Mean18.76
Geometric Mean12.94
Coefficient Of Variation51.57
Mean Deviation7.14
Median21.79
Standard Deviation9.68
Sample Variance93.64
Range32.1956
R-Value(0.12)
Mean Square Error99.38
R-Squared0.01
Significance0.67
Slope(0.26)
Total Sum of Squares1,311

Lixiang Payables Turnover History

2024 32.71
2023 31.15
2022 16.32
2021 2.89
2020 1.74
2019 0.51

About Lixiang Education Financial Statements

Investors use fundamental indicators, such as Lixiang Education's Payables Turnover, to determine how well the company is positioned to perform in the future. Although Lixiang Education'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 31.15  32.71 

Currently Active Assets on Macroaxis

When determining whether Lixiang Education Holding offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Lixiang Education'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 Lixiang Education Holding Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lixiang Education Holding Stock:
Check out the analysis of Lixiang Education Correlation against competitors.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Hotels, Restaurants & Leisure 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 Lixiang Education. If investors know Lixiang 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 Lixiang Education 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
(0.23)
Earnings Share
(17.43)
Revenue Per Share
39.489
Quarterly Revenue Growth
(0.41)
Return On Assets
(0.11)
The market value of Lixiang Education Holding is measured differently than its book value, which is the value of Lixiang that is recorded on the company's balance sheet. Investors also form their own opinion of Lixiang Education's value that differs from its market value or its book value, called intrinsic value, which is Lixiang Education'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 Lixiang Education's market value can be influenced by many factors that don't directly affect Lixiang Education'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 Lixiang Education's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lixiang Education is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lixiang Education'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.