Alector Accounts Payable from 2010 to 2024

ALEC Stock  USD 4.10  0.34  9.04%   
Alector's Accounts Payable is increasing over the years with slightly volatile fluctuation. Accounts Payable is expected to dwindle to about 2.5 M. Accounts Payable is the amount Alector owes to suppliers or vendors for products or services received but not yet paid for. It represents Alector's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2016-12-31
Previous Quarter
4.4 M
Current Value
M
Quarterly Volatility
2.6 M
 
Covid
Check Alector financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Alector's main balance sheet or income statement drivers, such as Depreciation And Amortization of 5.6 M, Interest Expense of 19.6 M or Selling General Administrative of 39.5 M, as well as many indicators such as Price To Sales Ratio of 6.54, Dividend Yield of 0.0 or PTB Ratio of 5.23. Alector financial statements analysis is a perfect complement when working with Alector Valuation or Volatility modules.
  
Check out the analysis of Alector Correlation against competitors.
For information on how to trade Alector Stock refer to our How to Trade Alector Stock guide.

Latest Alector's Accounts Payable Growth Pattern

Below is the plot of the Accounts Payable of Alector over the last few years. An accounting item on the balance sheet that represents Alector 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 Alector 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. Alector's Accounts Payable historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Alector's overall financial position and show how it may be relating to other accounts over time.
Accounts Payable10 Years Trend
Slightly volatile
   Accounts Payable   
       Timeline  

Alector Accounts Payable Regression Statistics

Arithmetic Mean1,857,119
Geometric Mean1,315,880
Coefficient Of Variation77.14
Mean Deviation1,195,092
Median1,152,000
Standard Deviation1,432,641
Sample Variance2.1T
Range4.6M
R-Value0.64
Mean Square Error1.3T
R-Squared0.41
Significance0.01
Slope206,255
Total Sum of Squares28.7T

Alector Accounts Payable History

20242.5 M
20233.8 M
20224.2 M
20214.7 M
2020M
2019278 K
2018126 K

About Alector Financial Statements

Alector stakeholders use historical fundamental indicators, such as Alector's Accounts Payable, to determine how well the company is positioned to perform in the future. Although Alector investors may analyze each financial statement separately, they are all interrelated. For example, changes in Alector's assets and liabilities are reflected in the revenues and expenses on Alector'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 Alector. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Accounts Payable3.8 M2.5 M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Alector offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Alector'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 Alector Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Alector Stock:
Check out the analysis of Alector Correlation against competitors.
For information on how to trade Alector Stock refer to our How to Trade Alector Stock guide.
You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Is Biotechnology 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 Alector. If investors know Alector 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 Alector 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
(0.86)
Earnings Share
(1.71)
Revenue Per Share
0.661
Quarterly Revenue Growth
0.684
Return On Assets
(0.19)
The market value of Alector is measured differently than its book value, which is the value of Alector that is recorded on the company's balance sheet. Investors also form their own opinion of Alector's value that differs from its market value or its book value, called intrinsic value, which is Alector'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 Alector's market value can be influenced by many factors that don't directly affect Alector'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 Alector's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alector is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alector'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.