Versus Payables Turnover from 2010 to 2024

VSSYW Stock  USD 0.06  0.0005  0.86%   
Versus Systems 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 Versus Systems pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
1.24810182
Current Value
1.19
Quarterly Volatility
35.7 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Versus Systems financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Versus Systems' main balance sheet or income statement drivers, such as Total Revenue of 430.9 K, Gross Profit of 176.5 K or Other Operating Expenses of 11.6 M, as well as many indicators such as Price To Sales Ratio of 9.69, Dividend Yield of 0.0 or PTB Ratio of 0.22. Versus financial statements analysis is a perfect complement when working with Versus Systems Valuation or Volatility modules.
  
Check out the analysis of Versus Systems Correlation against competitors.
For more information on how to buy Versus Stock please use our How to Invest in Versus Systems guide.

Latest Versus Systems' Payables Turnover Growth Pattern

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

Versus Payables Turnover Regression Statistics

Arithmetic Mean9,426,806
Geometric Mean0.13
Coefficient Of Variation378.32
Mean Deviation17,184,659
Median0.0004
Standard Deviation35,663,826
Sample Variance1271.9T
Range138.3M
R-Value0.31
Mean Square Error1234.8T
R-Squared0.1
Significance0.25
Slope2,502,964
Total Sum of Squares17806.7T

Versus Payables Turnover History

2024 1.19
2023 1.25
2022138.3 M
2021 2.01
20203.1 M
2019 0.7

About Versus Systems Financial Statements

Versus Systems investors use historical fundamental indicators, such as Versus Systems' 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 Versus Systems. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 1.25  1.19 

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Additional Tools for Versus Stock Analysis

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