ATA Accounts Payable from 2010 to 2024

AACG Stock  USD 1.02  0.01  0.99%   
ATA Creativity's Accounts Payable is increasing over the last several years with very volatile swings. Accounts Payable is estimated to finish at about 19.8 M this year. Accounts Payable is the amount ATA Creativity Global owes to suppliers or vendors for products or services received but not yet paid for. It represents ATA Creativity's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2007-03-31
Previous Quarter
24.8 M
Current Value
21 M
Quarterly Volatility
21 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ATA Creativity financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ATA Creativity's main balance sheet or income statement drivers, such as Depreciation And Amortization of 14.1 M, Interest Expense of 662.1 M or Total Revenue of 222.5 M, as well as many indicators such as Price To Sales Ratio of 1.1, Dividend Yield of 6.18 or PTB Ratio of 2.51. ATA financial statements analysis is a perfect complement when working with ATA Creativity Valuation or Volatility modules.
  
Check out the analysis of ATA Creativity Correlation against competitors.

Latest ATA Creativity's Accounts Payable Growth Pattern

Below is the plot of the Accounts Payable of ATA Creativity Global over the last few years. An accounting item on the balance sheet that represents ATA Creativity obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of ATA Creativity Global are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. It is the amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities. ATA Creativity's Accounts Payable historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ATA Creativity's overall financial position and show how it may be relating to other accounts over time.
Accounts Payable10 Years Trend
Very volatile
   Accounts Payable   
       Timeline  

ATA Accounts Payable Regression Statistics

Arithmetic Mean(123,738,418)
Geometric Mean0.00
Coefficient Of Variation(444.47)
Mean Deviation264,949,811
Median18,904,669
Standard Deviation549,982,483
Sample Variance302480.7T
Range2.2B
R-Value0
Mean Square Error325747.2T
R-Squared0.0000039
Significance0.99
Slope242,722
Total Sum of Squares4234730.2T

ATA Accounts Payable History

202419.8 M
202318.9 M
202221 M
202124.8 M
202028.5 M
201949 M
2018null

About ATA Creativity Financial Statements

ATA Creativity stakeholders use historical fundamental indicators, such as ATA Creativity's Accounts Payable, to determine how well the company is positioned to perform in the future. Although ATA Creativity investors may analyze each financial statement separately, they are all interrelated. For example, changes in ATA Creativity's assets and liabilities are reflected in the revenues and expenses on ATA Creativity'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 ATA Creativity Global. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Accounts Payable18.9 M19.8 M

Currently Active Assets on Macroaxis

When determining whether ATA Creativity Global is a strong investment it is important to analyze ATA Creativity's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ATA Creativity's future performance. For an informed investment choice regarding ATA Stock, refer to the following important reports:
Check out the analysis of ATA Creativity Correlation against competitors.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Diversified Consumer 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 ATA Creativity. If investors know ATA 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 ATA Creativity 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
3.119
Earnings Share
(0.18)
Revenue Per Share
7.962
Quarterly Revenue Growth
0.131
Return On Assets
(0.07)
The market value of ATA Creativity Global is measured differently than its book value, which is the value of ATA that is recorded on the company's balance sheet. Investors also form their own opinion of ATA Creativity's value that differs from its market value or its book value, called intrinsic value, which is ATA Creativity'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 ATA Creativity's market value can be influenced by many factors that don't directly affect ATA Creativity'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 ATA Creativity's value and its price as these two are different measures arrived at by different means. Investors typically determine if ATA Creativity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ATA Creativity'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.