Treace Days Payables Outstanding from 2010 to 2024

TMCI Stock  USD 8.56  0.28  3.38%   
Treace Medical's Days Payables Outstanding is increasing with slightly volatile movements from year to year. Days Payables Outstanding is predicted to flatten to 69.06. For the period between 2010 and 2024, Treace Medical, Days Payables Outstanding quarterly trend regression had mean deviation of  20.75 and range of 78.2563. View All Fundamentals
 
Days Payables Outstanding  
First Reported
2010-12-31
Previous Quarter
122.78715784
Current Value
69.06
Quarterly Volatility
26.73648024
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Treace Medical financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Treace Medical's main balance sheet or income statement drivers, such as Net Interest Income of 202.7 K, Interest Income of 5.6 M or Depreciation And Amortization of 2.8 M, as well as many indicators such as Price To Sales Ratio of 3.94, Dividend Yield of 0.0 or PTB Ratio of 5.34. Treace financial statements analysis is a perfect complement when working with Treace Medical Valuation or Volatility modules.
  
Check out the analysis of Treace Medical Correlation against competitors.

Latest Treace Medical's Days Payables Outstanding Growth Pattern

Below is the plot of the Days Payables Outstanding of Treace Medical Concepts over the last few years. It is Treace Medical's Days Payables Outstanding historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Treace Medical's overall financial position and show how it may be relating to other accounts over time.
Days Payables Outstanding10 Years Trend
Slightly volatile
   Days Payables Outstanding   
       Timeline  

Treace Days Payables Outstanding Regression Statistics

Arithmetic Mean60.10
Geometric Mean55.94
Coefficient Of Variation44.49
Mean Deviation20.75
Median44.53
Standard Deviation26.74
Sample Variance714.84
Range78.2563
R-Value0.72
Mean Square Error365.79
R-Squared0.52
Significance0
Slope4.33
Total Sum of Squares10,008

Treace Days Payables Outstanding History

2024 69.06
2023 122.79
2022 114.95
2021 83.05
2020 66.3

About Treace Medical Financial Statements

Investors use fundamental indicators, such as Treace Medical's Days Payables Outstanding, to determine how well the company is positioned to perform in the future. Although Treace Medical'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
Days Payables Outstanding 122.79  69.06 

Currently Active Assets on Macroaxis

When determining whether Treace Medical Concepts offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Treace Medical'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 Treace Medical Concepts Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Treace Medical Concepts Stock:
Check out the analysis of Treace Medical Correlation against competitors.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Health Care Equipment & Supplies 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 Treace Medical. If investors know Treace 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 Treace Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.99)
Revenue Per Share
3.274
Quarterly Revenue Growth
0.106
Return On Assets
(0.17)
Return On Equity
(0.51)
The market value of Treace Medical Concepts is measured differently than its book value, which is the value of Treace that is recorded on the company's balance sheet. Investors also form their own opinion of Treace Medical's value that differs from its market value or its book value, called intrinsic value, which is Treace Medical'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 Treace Medical's market value can be influenced by many factors that don't directly affect Treace Medical'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 Treace Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Treace Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Treace Medical'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.