Allakos Accounts Payable from 2010 to 2024

ALLK Stock  USD 0.89  0.02  2.30%   
Allakos Accounts Payable yearly trend continues to be quite stable with very little volatility. The value of Accounts Payable is projected to decrease to about 1.7 M. Accounts Payable is the amount Allakos owes to suppliers or vendors for products or services received but not yet paid for. It represents Allakos' short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2016-12-31
Previous Quarter
16.1 M
Current Value
M
Quarterly Volatility
4.8 M
 
Covid
Check Allakos financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Allakos' main balance sheet or income statement drivers, such as Net Interest Income of 11.3 M, Interest Income of 11.3 M or Depreciation And Amortization of 6.4 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 1.47. Allakos financial statements analysis is a perfect complement when working with Allakos Valuation or Volatility modules.
  
Check out the analysis of Allakos Correlation against competitors.
For more information on how to buy Allakos Stock please use our How to buy in Allakos Stock guide.

Latest Allakos' Accounts Payable Growth Pattern

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

Allakos Accounts Payable Regression Statistics

Arithmetic Mean3,531,253
Geometric Mean2,116,930
Coefficient Of Variation125.51
Mean Deviation3,242,932
Median1,675,800
Standard Deviation4,431,980
Sample Variance19.6T
Range12.9M
R-Value0.46
Mean Square Error16.7T
R-Squared0.21
Significance0.08
Slope457,116
Total Sum of Squares275T

Allakos Accounts Payable History

20241.7 M
20231.8 M
20224.8 M
202113.7 M
202014 M
2019M
20182.1 M

About Allakos Financial Statements

Allakos investors utilize fundamental indicators, such as Accounts Payable, to predict how Allakos Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Accounts Payable1.8 M1.7 M

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When determining whether Allakos is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Allakos Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Allakos Stock. Highlighted below are key reports to facilitate an investment decision about Allakos Stock:
Check out the analysis of Allakos Correlation against competitors.
For more information on how to buy Allakos Stock please use our How to buy in Allakos Stock guide.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
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 Allakos. If investors know Allakos 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 Allakos listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.03)
Return On Assets
(0.49)
Return On Equity
(1.22)
The market value of Allakos is measured differently than its book value, which is the value of Allakos that is recorded on the company's balance sheet. Investors also form their own opinion of Allakos' value that differs from its market value or its book value, called intrinsic value, which is Allakos' 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 Allakos' market value can be influenced by many factors that don't directly affect Allakos' 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 Allakos' value and its price as these two are different measures arrived at by different means. Investors typically determine if Allakos is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allakos' 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.