Commercial Accounts Payable from 2010 to 2024

CVGI Stock  USD 2.41  0.02  0.84%   
Commercial Vehicle's Accounts Payable is increasing with slightly volatile movements from year to year. Accounts Payable is estimated to finish at about 78.8 M this year. Accounts Payable is the amount Commercial Vehicle Group owes to suppliers or vendors for products or services received but not yet paid for. It represents Commercial Vehicle's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2002-12-31
Previous Quarter
100.8 M
Current Value
93 M
Quarterly Volatility
24.9 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Commercial Vehicle financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Commercial Vehicle's main balance sheet or income statement drivers, such as Depreciation And Amortization of 18.5 M, Interest Expense of 17 M or Selling General Administrative of 62 M, as well as many indicators such as Price To Sales Ratio of 0.42, Dividend Yield of 0.0 or PTB Ratio of 1.41. Commercial financial statements analysis is a perfect complement when working with Commercial Vehicle Valuation or Volatility modules.
  
Check out the analysis of Commercial Vehicle Correlation against competitors.

Latest Commercial Vehicle's Accounts Payable Growth Pattern

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

Commercial Accounts Payable Regression Statistics

Arithmetic Mean76,646,543
Geometric Mean72,462,835
Coefficient Of Variation31.18
Mean Deviation17,231,513
Median74,239,000
Standard Deviation23,900,723
Sample Variance571.2T
Range97.7M
R-Value0.67
Mean Square Error336T
R-Squared0.45
Significance0.01
Slope3,600,479
Total Sum of Squares7997.4T

Commercial Accounts Payable History

202478.8 M
202377.3 M
2022122.1 M
2021101.9 M
2020112.4 M
201963.1 M
201886.6 M

About Commercial Vehicle Financial Statements

Investors use fundamental indicators, such as Commercial Vehicle's Accounts Payable, to determine how well the company is positioned to perform in the future. Although Commercial Vehicle's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Accounts Payable77.3 M78.8 M

Currently Active Assets on Macroaxis

When determining whether Commercial Vehicle offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Commercial Vehicle'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 Commercial Vehicle Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Commercial Vehicle Group Stock:
Check out the analysis of Commercial Vehicle Correlation against competitors.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Construction Machinery & Heavy Transportation Equipment 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 Commercial Vehicle. If investors know Commercial 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 Commercial Vehicle 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
0.286
Earnings Share
0.82
Revenue Per Share
27.395
Quarterly Revenue Growth
(0.15)
Return On Assets
0.0346
The market value of Commercial Vehicle is measured differently than its book value, which is the value of Commercial that is recorded on the company's balance sheet. Investors also form their own opinion of Commercial Vehicle's value that differs from its market value or its book value, called intrinsic value, which is Commercial Vehicle'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 Commercial Vehicle's market value can be influenced by many factors that don't directly affect Commercial Vehicle'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 Commercial Vehicle's value and its price as these two are different measures arrived at by different means. Investors typically determine if Commercial Vehicle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Commercial Vehicle'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.