Compass Accounts Payable from 2010 to 2026
| COMP Stock | USD 10.32 0.88 7.86% |
Accounts Payable | First Reported 2019-12-31 | Previous Quarter 15.6 M | Current Value 15.3 M | Quarterly Volatility 11 M |
Check Compass financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Compass' main balance sheet or income statement drivers, such as Depreciation And Amortization of 53.7 M, Total Revenue of 3.7 B or Gross Profit of 664.1 M, as well as many indicators such as Price To Sales Ratio of 0.57, Dividend Yield of 0.0 or PTB Ratio of 6.77. Compass financial statements analysis is a perfect complement when working with Compass Valuation or Volatility modules.
Compass | Accounts Payable | Build AI portfolio with Compass Stock |
Evaluating Compass's Accounts Payable across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Compass's fundamental strength.
Latest Compass' Accounts Payable Growth Pattern
Below is the plot of the Accounts Payable of Compass over the last few years. An accounting item on the balance sheet that represents Compass 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 Compass 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. Compass' Accounts Payable historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Compass' overall financial position and show how it may be relating to other accounts over time.
| Accounts Payable | 10 Years Trend |
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Accounts Payable |
| Timeline |
Compass Accounts Payable Regression Statistics
| Arithmetic Mean | 28,042,689 | |
| Geometric Mean | 26,738,519 | |
| Coefficient Of Variation | 28.12 | |
| Mean Deviation | 5,381,770 | |
| Median | 29,700,000 | |
| Standard Deviation | 7,884,708 | |
| Sample Variance | 62.2T | |
| Range | 32M | |
| R-Value | (0.47) | |
| Mean Square Error | 51.8T | |
| R-Squared | 0.22 | |
| Significance | 0.06 | |
| Slope | (729,398) | |
| Total Sum of Squares | 994.7T |
Compass Accounts Payable History
About Compass Financial Statements
Compass shareholders use historical fundamental indicators, such as Accounts Payable, to determine how well the company is positioned to perform in the future. Although Compass investors may analyze each financial statement separately, they are all interrelated. The changes in Compass' assets and liabilities, for example, are also reflected in the revenues and expenses on on Compass' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Accounts Payable | 11.7 M | 23.3 M |
Pair Trading with Compass
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Compass position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Compass will appreciate offsetting losses from the drop in the long position's value.Moving together with Compass Stock
Moving against Compass Stock
| 0.83 | DOMO | Domo Inc | PairCorr |
| 0.71 | DT | Dynatrace Holdings LLC | PairCorr |
| 0.68 | PD | Pagerduty | PairCorr |
| 0.63 | MQ | Marqeta | PairCorr |
| 0.61 | VS | Versus Systems | PairCorr |
The ability to find closely correlated positions to Compass could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Compass when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Compass - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Compass to buy it.
The correlation of Compass is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Compass moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Compass moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Compass can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Compass Stock Analysis
When running Compass' price analysis, check to measure Compass' 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 Compass is operating at the current time. Most of Compass' value examination focuses on studying past and present price action to predict the probability of Compass' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Compass' price. Additionally, you may evaluate how the addition of Compass to your portfolios can decrease your overall portfolio volatility.