Canoo Accounts Payable from 2010 to 2024

GOEV Stock  USD 0.42  0.03  6.67%   
Canoo Accounts Payable yearly trend continues to be fairly stable with very little volatility. Accounts Payable will likely drop to about 44.9 M in 2024. Accounts Payable is the amount Canoo Inc owes to suppliers or vendors for products or services received but not yet paid for. It represents Canoo's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2019-03-31
Previous Quarter
73.6 M
Current Value
81 M
Quarterly Volatility
38 M
 
Covid
Check Canoo financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Canoo's main balance sheet or income statement drivers, such as Interest Expense of 7 M, Tax Provision of 0.0 or Depreciation And Amortization of 11.2 M, as well as many indicators such as Price To Sales Ratio of 183, Dividend Yield of 0.0 or PTB Ratio of 0.56. Canoo financial statements analysis is a perfect complement when working with Canoo Valuation or Volatility modules.
  
Check out the analysis of Canoo Correlation against competitors.

Latest Canoo's Accounts Payable Growth Pattern

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

Canoo Accounts Payable Regression Statistics

Arithmetic Mean21,835,199
Geometric Mean9,762,996
Coefficient Of Variation139.62
Mean Deviation23,777,358
Median4,706,000
Standard Deviation30,485,798
Sample Variance929.4T
Range100.9M
R-Value0.71
Mean Square Error492.4T
R-Squared0.51
Significance0
Slope4,858,582
Total Sum of Squares13011.4T

Canoo Accounts Payable History

202444.9 M
202365.3 M
2022103.2 M
202152.3 M
202017.2 M
20192.3 M

About Canoo Financial Statements

Canoo investors use historical fundamental indicators, such as Canoo'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 Canoo. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Accounts Payable65.3 M44.9 M

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Additional Tools for Canoo Stock Analysis

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