Clover Accounts Payable from 2010 to 2024

CLOV Stock  USD 3.37  0.01  0.30%   
Clover Health Accounts Payable yearly trend continues to be fairly stable with very little volatility. Accounts Payable will likely drop to about 59 M in 2024. Accounts Payable is the amount Clover Health Investments owes to suppliers or vendors for products or services received but not yet paid for. It represents Clover Health's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2010-12-31
Previous Quarter
94.3 M
Current Value
59 M
Quarterly Volatility
47 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Clover Health financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Clover Health's main balance sheet or income statement drivers, such as Interest Expense of 6.7 K, Other Operating Expenses of 1.8 B or Minority Interest of 3.1 M, as well as many indicators such as Price To Sales Ratio of 0.21, Dividend Yield of 0.0 or PTB Ratio of 1.68. Clover financial statements analysis is a perfect complement when working with Clover Health Valuation or Volatility modules.
  
Check out the analysis of Clover Health Correlation against competitors.

Latest Clover Health's Accounts Payable Growth Pattern

Below is the plot of the Accounts Payable of Clover Health Investments over the last few years. An accounting item on the balance sheet that represents Clover Health 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 Clover Health Investments 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. Clover Health's Accounts Payable historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Clover Health'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  

Clover Accounts Payable Regression Statistics

Arithmetic Mean109,015,564
Geometric Mean94,280,539
Coefficient Of Variation43.13
Mean Deviation40,074,714
Median141,764,000
Standard Deviation47,019,513
Sample Variance2210.8T
Range113.6M
R-Value(0.77)
Mean Square Error986.9T
R-Squared0.59
Significance0.0009
Slope(8,045,013)
Total Sum of Squares30951.7T

Clover Accounts Payable History

202459 M
202394.3 M
202232.4 M
202128.1 M
202030.7 M
2019114.8 M

About Clover Health Financial Statements

Clover Health investors use historical fundamental indicators, such as Clover Health's Accounts Payable, 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 Clover Health. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Accounts Payable94.3 M59 M

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Additional Tools for Clover Stock Analysis

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