CLPS Accounts Payable from 2010 to 2024

CLPS Stock  USD 1.10  0.01  0.90%   
CLPS Accounts Payable yearly trend continues to be comparatively stable with very little volatility. Accounts Payable will likely drop to about 581.8 K in 2024. Accounts Payable is the amount CLPS Inc owes to suppliers or vendors for products or services received but not yet paid for. It represents CLPS's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2016-06-30
Previous Quarter
949.1 K
Current Value
949.1 K
Quarterly Volatility
291.1 K
 
Covid
Check CLPS financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CLPS's main balance sheet or income statement drivers, such as Tax Provision of 152.7 K, Discontinued Operations of 0.0 or Depreciation And Amortization of 667.6 K, as well as many indicators such as Price To Sales Ratio of 0.15, Dividend Yield of 0.12 or PTB Ratio of 0.34. CLPS financial statements analysis is a perfect complement when working with CLPS Valuation or Volatility modules.
  
Check out the analysis of CLPS Correlation against competitors.

Latest CLPS's Accounts Payable Growth Pattern

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

CLPS Accounts Payable Regression Statistics

Arithmetic Mean375,668
Geometric Mean206,908
Coefficient Of Variation108.71
Mean Deviation314,248
Median239,165
Standard Deviation408,371
Sample Variance166.8B
Range1.4M
R-Value0.59
Mean Square Error116.3B
R-Squared0.35
Significance0.02
Slope54,226
Total Sum of Squares2.3T

CLPS Accounts Payable History

2024581.8 K
2023949.1 K
2022690 K
2021343.6 K
2020559.5 K
2019268.7 K
2018196.8 K

About CLPS Financial Statements

CLPS shareholders use historical fundamental indicators, such as Accounts Payable, to determine how well the company is positioned to perform in the future. Although CLPS investors may analyze each financial statement separately, they are all interrelated. The changes in CLPS's assets and liabilities, for example, are also reflected in the revenues and expenses on on CLPS's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Accounts Payable949.1 K581.8 K

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Additional Tools for CLPS Stock Analysis

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