Tectonic Payables Turnover from 2010 to 2024

TECX Stock   50.54  2.98  6.27%   
Tectonic Therapeutic, Payables Turnover yearly trend continues to be fairly stable with very little volatility. Payables Turnover will likely drop to 1.19 in 2024. Payables Turnover is a liquidity ratio that shows how quickly Tectonic Therapeutic, pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
1.50855746
Current Value
1.19
Quarterly Volatility
1.83897206
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Tectonic Therapeutic, financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tectonic Therapeutic,'s main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.3 M, Other Operating Expenses of 77.8 M or Research Development of 54.5 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 0.6. Tectonic financial statements analysis is a perfect complement when working with Tectonic Therapeutic, Valuation or Volatility modules.
  
Check out the analysis of Tectonic Therapeutic, Correlation against competitors.
For more information on how to buy Tectonic Stock please use our How to Invest in Tectonic Therapeutic, guide.

Latest Tectonic Therapeutic,'s Payables Turnover Growth Pattern

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

Tectonic Payables Turnover Regression Statistics

Arithmetic Mean0.81
Geometric Mean0.24
Coefficient Of Variation225.82
Mean Deviation1.00
Median0.09
Standard Deviation1.84
Sample Variance3.38
Range7.1725
R-Value0.49
Mean Square Error2.77
R-Squared0.24
Significance0.06
Slope0.20
Total Sum of Squares47.35

Tectonic Payables Turnover History

2024 1.19
2023 1.51
2022 7.26
2021 0.77
2020 0.45
2019 0.22
2018 0.14

About Tectonic Therapeutic, Financial Statements

Tectonic Therapeutic, investors use historical fundamental indicators, such as Tectonic Therapeutic,'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 Tectonic Therapeutic,. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 1.51  1.19 

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Additional Tools for Tectonic Stock Analysis

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